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  6. VirTrial Acquires SnapMD

M&A Deal Summary

VirTrial Acquires SnapMD

On December 12, 2019, VirTrial acquired information technology company SnapMD

Acquisition Highlights
  • This is VirTrial’s 1st transaction in the Information Technology sector.
  • This is VirTrial’s 1st transaction in the United States.
  • This is VirTrial’s 1st transaction in California.

M&A Deal Summary
Date 2019-12-12
Target SnapMD
Sector Information Technology
Buyer(s) VirTrial
Deal Type Add-on Acquisition

Target

SnapMD

Glendale, California, United States
SnapMD, Inc. offers the major enterprise-level Virtual Care Management (VCM) telehealth platform. The full-stack software solution enables healthcare providers to engage their patients via a comprehensive, secure, HIPAA/HITECH/COPPA compliant, cloud-based telemedicine platform with powerful back-end systems to manage the digital health care continuum. SnapMD offers the software and services that healthcare providers need to improve access to convenient and effective care. SnapMD’s robust, scalable, private-label VCM platform is designed to handle multiple service-lines and can be deployed as a single telehealth platform across the enterprise.

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Buyer(S) 1

Buyer

VirTrial

Scottsdale, Arizona, United States
Category Company
Founded 2018
Sector Software
DESCRIPTION

VirTrial is a provider of software solutions for remote site startup and decentralized clinical trial conduct. VirTrial was founded in 2018 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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