Divestiture • Internet Software and Services

ZapIT! Medical Acquires OnPoint Diagnostic

On March 8, 2018, ZapIT! Medical acquired internet software and services company OnPoint Diagnostic from Alliance HealthCare Services

Acquisition Context
  • This is ZapIT! Medical’s 1st transaction in the Internet Software and Services sector.
  • This is ZapIT! Medical’s 1st transaction in the United States.
  • This is ZapIT! Medical’s 1st transaction in California.

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M&A Deal Summary

Date March 8, 2018
Target OnPoint Diagnostic
Sector Internet Software and Services
Buyer(s) ZapIT! Medical
Sellers(s) Alliance HealthCare Services
Deal Type Divestiture

Target Company

OnPoint Diagnostic

Newport Beach, California, United States
OnPoint Diagnostic is a web application that performs automatic analysis of phantom quality control images.
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Buyer Overview 1

Buyer

ZapIT! Medical

Dublin, Ohio, United States

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

ZapIT! Medical LLC is a vendor-neutral cloud-based Electronic Quality Assurance Record application that manages all aspects of QA, including QC records with automatic image analysis, service reports, equipment management, radiation safety records and credentialing for healthcare organizations.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1

Seller Profile 1

SELLER

Alliance HealthCare Services

Newport Beach, California, United States

Category Company
Founded 1983
Sector Healthcare Services
Employees1,582
Revenue 473M USD (2015)
DESCRIPTION

Alliance HealthCare Services is a provider of shared-service and fixed-site diagnostic imaging services. Alliance provides comprehensive turnkey solutions to hospitals and other health providers for MRI, PET, CT and Radiation Oncology Systems. Alliance HealthCare Services was founded in 1983 and is based in Newport Beach, California.


Deal Context for Seller #
Overall 1 of 2
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 2
State: California 1 of 1
Country: United States 1 of 2
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 e+CancerCare

Nashville, Tennessee, United States

e+CancerCare is an operator of outpatient cancer care centers in the nation driven by its mission of partnering with communities to fight cancer. e+CancerCare core focus includes building a best-in-class network of cancer care facilities through partner acquisition, service-line conversion, and de novo development. e+CancerCare offer physicians and hospitals the financial and operational support they need so they can focus on delivering the highest quality care close to home. e+CancerCare creates environments for patients that meet their physical, emotional and mental health needs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-26 e+CancerCare

Nashville, Tennessee, United States

e+CancerCare is an operator of outpatient cancer care centers in the nation driven by its mission of partnering with communities to fight cancer. e+CancerCare core focus includes building a best-in-class network of cancer care facilities through partner acquisition, service-line conversion, and de novo development. e+CancerCare offer physicians and hospitals the financial and operational support they need so they can focus on delivering the highest quality care close to home. e+CancerCare creates environments for patients that meet their physical, emotional and mental health needs.

Sell -