M&A Deal Summary

WellSky Acquires Bowman Systems

On May 25, 2016, WellSky acquired software company Bowman Systems

Acquisition Highlights
  • This is WellSky’s 11th transaction in the Software sector.
  • This is WellSky’s 13th transaction in the United States.
  • This is WellSky’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2016-05-25
Target Bowman Systems
Sector Software
Buyer(s) WellSky
Deal Type Add-on Acquisition
Advisor(s) Vista Point Advisors (Financial)

Target

Bowman Systems

Shreveport, Louisiana, United States
Bowman Systems LLC is a developer of software systems to human services providers. Its powerful software systems utilize critical information to dramatically enhance organizational efficiency and demonstrate client and program outcomes.

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Buyer(S) 1

Buyer

WellSky

Overland Park, Kansas, United States
Category Company
Founded 1980
Sector Internet Software and Services
DESCRIPTION

WellSky is a supplier of software as a service (SaaS) and other software platforms for healthcare and human services providers and payers across acute, non-acute, and community-based sites of care. WellSky was founded in 1980 and is based in Overland Park, Kansas.

DEAL STATS #
Overall 14 of 28
Sector (Software) 11 of 16
Type (Add-on Acquisition) 13 of 26
State (Louisiana) 1 of 1
Country (United States) 13 of 27
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-13 AlphaCM

Wilmington, North Carolina, United States

AlphaCM, Inc. is a provider of software and related services to the behavioral and mental health industry. AlphaCM’s solutions help both managed care organizations (MCOs) and providers run more efficiently, manage billing and collections and provide higher quality care.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-30 Kinnser Software

Austin, Texas, United States

Kinnser Software, Inc. is a provider of software solutions to healthcare providers and has since expanded to serve many state and federal agencies. Mediware’s solutions are perfect for high-growth, complex patient care environments that remain underserved by existing vendors.

Buy -
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