M&A Deal Summary |
|
|---|---|
| Date | 2019-08-01 |
| Target | RedCard |
| Sector | Information Technology |
| Buyer(s) | Zelis Healthcare |
| Sellers(s) | Parthenon Capital |
| Deal Type | Merger |
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| Category | Company |
|---|---|
| Founded | 1995 |
| Sector | Information Technology |
Zelis Healthcare is a healthcare information technology company and market-leading provider of end-to-end healthcare claims cost management and payments solutions including network solutions, claims integrity and electronic payments serving healthcare payer clients, healthcare providers and healthcare consumers in the medical, dental and workers' compensation markets nationwide. Zelis Healthcare was founded in 1995 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 8 |
| Sector (Information Technology) | 3 of 4 |
| Type (Merger) | 1 of 1 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 5 of 8 |
| Year (2019) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-05 |
NetMinder
Sunrise, Florida, United States Ignition Group LLC is a data management company that powers NetMinder, has been analyzing and interpreting competitive provider data for brokers and insurance sales teams. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-14 |
Sapphire Digital
Lyndhurst, New Jersey, United States Sapphire Digital is a proprietary provider database to create an online portal that provides detailed information, quality metrics, and patient reviews for most physicians in the United States. Sapphire Digital was founded in 2007 and is based in Lyndhurst, New Jersey. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 5.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Parthenon Capital is a private equity firm focused on investing in service-based businesses with recurring revenues, defensible niches and competitive advantages. Parthenon looks for businesses valued between $75 and $750 million operating in sectors that include business services, financial services, manufacturing, technology-enabled services, and distribution/logistics. Prospective transaction types include recapitalizations, management buyouts, acquisitions, privatizations, and growth capital financings. Parthenon Capital was formed in 1998 and has offices in Boston, Massachusetts and San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 34 |
| Sector (Information Technology) | 4 of 4 |
| Type (Merger) | 2 of 2 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 24 of 34 |
| Year (2019) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-21 |
Relation
Walnut Creek, California, United States Relation is a premier insurance broker that offers superior risk-management and benefits-consulting services through its family of brands across the U.S. It is ranked by Insurance Journal within the top 45 largest agencies in the country by revenue and has nearly 500 employees in more than 30 locations nationwide. Relation was founded in 2007 and is based in Walnut Creek, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-16 |
DaySmart Software
Ann Arbor, Michigan, United States DaySmart Software is a provider of business management software to consumer-facing small and medium sized enterprises. DaySmart offers software and supporting services that provide owners and managers of small, consumer-focused service establishments the information and workflow capabilities required to operate their businesses effectively. DaySmart Software was founded in 1999 and is based in Ann Arbor, Michigan. |
Buy | - |
