M&A Deal Summary

WellSky Acquires Experience Care

On August 23, 2023, WellSky acquired software company Experience Care

Acquisition Highlights
  • This is WellSky’s 16th transaction in the Software sector.
  • This is WellSky’s 25th transaction in the United States.
  • This is WellSky’s 2nd transaction in Texas.

M&A Deal Summary

Date 2023-08-23
Target Experience Care
Sector Software
Buyer(s) WellSky
Deal Type Add-on Acquisition

Target

Experience Care

Austin, Texas, United States
Experience Care is a provider of software solutions to post-acute and long-term care providers. The company provides an innovative customer experience through our modernized software, collaborative customer support, and customer-focused approach. Its solutions allow long-term care facilities to strengthen community partnerships and confidently manage care transitions with a single integrated electronic health record and financial solution. Experience Care was formed in 1969 and is based in Austin, Texas.

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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 26 of 28
Sector (Software) 16 of 16
Type (Add-on Acquisition) 24 of 26
State (Texas) 2 of 2
Country (United States) 25 of 27
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-22 TapCloud

Chicago, Illinois, United States

TapCloud is a virtual patient engagement platform that helps patients, caregivers, and clinicians communicate crucial information in real-time to achieve better health outcomes. TapCloud is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-12 Corridor

Overland Park, Kansas, United States

Corridor provides consulting, compliance services, executive search, and education tools to the home care and hospice industries. Corridor was founded in 1989 and is based in Overland Park, Kansas.

Buy -