M&A Deal Summary

WellSky Acquires Definitive Homecare Solutions

On July 23, 2013, WellSky acquired software company Definitive Homecare Solutions for 43M USD

Acquisition Highlights
  • This is WellSky’s 8th transaction in the Software sector.
  • This is WellSky’s largest (disclosed) transaction.
  • This is WellSky’s 10th transaction in the United States.
  • This is WellSky’s 1st transaction in Ohio.

M&A Deal Summary

Date 2013-07-23
Target Definitive Homecare Solutions
Sector Software
Buyer(s) WellSky
Deal Type Add-on Acquisition
Deal Value 43M USD
Advisor(s) Covington Associates (Financial)

Target

Definitive Homecare Solutions

Westerville, Ohio, United States
Definitive Homecare Solutions, Ltd. develops and licenses its business and patient management software solution, CPR+, to home infusion, specialty pharmacy, and HME/DME providers nationwide.

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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 11 of 28
Sector (Software) 8 of 16
Type (Add-on Acquisition) 10 of 26
State (Ohio) 1 of 1
Country (United States) 10 of 27
Year (2013) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-18 Fastrack Healthcare Systems

Plainview, New York, United States

Fastrack Healthcare Systems, Inc. develops and supplies software and technology to home medical equipment (HME) providers, durable medical equipment and respiratory providers, home infusion pharmacies, and home healthcare agencies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-11 Harmony Information Systems

Reston, Virginia, United States

Harmony Information Systems Inc. is a provider of Web-based, business process and case management software solutions for the human services industry. HarmonyIS developed and markets Harmony, a Web-based, enterprise framework suite of software applications for information management in the human services field.

Buy -