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Patterson Companies, Inc., acquired Advanced Practice Systems

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Like Advanced Practice Systems

closed 11/5/2007 via BusinessWire

Patterson Companies, Inc., acquired Advanced Practice Systems

synopsis: Patterson Companies, Inc. announced the acquisition of Advanced Practice Systems (known in the marketplace as PTOS Software), the developer and marketer of the industry-leading practice management software for physical therapists.
buyer: Patterson Companies, Inc.(PDCO:$3,237.38)
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. As Patterson's largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software.
target: Advanced Practice Systems
Most physical therapy practices in the United States choose PTOS as their software management system. PTOS’s customers range from single proprietorships to large corporations with hundreds of clinics. PTOS is present at all or most of the American Physical Therapy Association national conferences.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/3/2011 via Reuters

McKesson Corporation, will acquire System C Healthcare plc

synopsis: U.S. pharmaceutical wholesaler McKesson Corp said it would buy British firm System C Healthcare to expand its product line. System C specialises in providing the health and social care sectors with robust, modern IT solutions, exceptional systems implementation expertise, and practicable, innovative consultancy services.
buyer: McKesson Corporation(MCK:$122,734.00)
McKesson Corporation is a healthcare services and information technology company dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes, and improving the quality and safety of patient care.
target: System C Healthcare plc
System C Healthcare specialises in providing the health and social care sectors with robust, modern IT solutions, exceptional systems implementation expertise, and practicable, innovative consultancy services.
price($mm)[EV]
$132 [$105]
rev ($mm)
$54
EBITDA ($mm)
$7
EV / rev
1.9x
EV / EBITDA
15.7x
closed 8/23/2010 via Company Press Release

Picis, Inc. merged with Ingenix, Inc.,

synopsis: Ingenix has completed its acquisition of Picis. This acquisition combines “health intelligence” provided by Ingenix with the clinical workflow solutions of Picis to increase efficiency and help optimize delivery of services in high acuity care areas of hospitals, which includes emergency departments
buyer parent:UnitedHealth Group
buyer: Ingenix, Inc.
Ingenix transforms organizations and improves health care through information and technology. Organizations rely on its innovative products, services and consulting to improve the delivery and operations of their business.
target: Picis, Inc.
Picis is a global provider of innovative information solutions that enable rapid and sustained delivery of clinical, financial and operational results in the high-acuity care areas of the hospital.
price ($mm)
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closed 7/24/2007 via Company Press Release

Goldman Sachs & Co., purchased a minority stake in Picis, Inc.

synopsis: Picis, the leading global provider of software that automates the high-acuity areas of hospitals, announced today that it has signed an agreement with Goldman, Sachs & Co. for a private placement comprised of convertible preferred stock and senior debt to assist in funding the acquisition of LYNX Medical Systems.
buyer: Goldman Sachs & Co.(GS:$41,664.00)
Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Goldman Sachs' Principal Investment Area has formed 12 investment vehicles aggregating $35 billion of capital to date.
target: Picis, Inc.
Picis is the leading global provider of innovative healthcare information technology solutions designed to transform the delivery of patient care information in the high-acuity areas of the hospital, including the emergency department, operating and recovery rooms and intensive care units.
price ($mm)
rev ($mm)
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EV / EBITDA
announced 7/16/2007 via BusinessWire

McKesson Corporation, will acquire Awarix, Inc.

synopsis: McKesson Corporation signed a definitive agreement to acquire Awarix, Inc., one of the first companies to offer an enterprise patient care visibility system. The Awarix solution is designed to drive a high-quality, efficient experience for each patient while providing real-time feedback to the care team for better management of capacity.
buyer: McKesson Corporation(MCK:$122,734.00)
McKesson Corporation, is a healthcare services and information technology company dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes, and improving the quality and safety of patient care.
target: Awarix, Inc.
Awarix is the leading enterprise patient care visibility system, a new category of health care technology that provides hospitals a communication platform that reliably delivers accurate, real-time information to all participants in the patient care process.
price ($mm)
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closed 12/15/2006 via BusinessWire

3M Health Information Systems, acquired SoftMed Systems, Inc.

synopsis: 3M announced today it has completed the merger of its Health Information Systems division with SoftMed Systems Inc., a provider of health information management software and services that improve workflow and efficiency for health care organizations.
buyer parent:3M
buyer: 3M Health Information Systems
A division of 3M Corporation, 3M Health Information Systems, is a leading provider of advanced software tools and services that help healthcare organizations capture, classify, and manage accurate healthcare data.
target: SoftMed Systems, Inc.
SoftMed Systems Inc. is the focused expert in delivering top-ranked health care information solutions. SoftMed Systems enables health care providers to enhance their operations, shorten their revenue cycle, improve patient care and achieve an electronic health record solution.
price ($mm)
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closed 9/18/2006 via

Practice Performance Inc. merged with MedSynergies Inc.,

synopsis: MedSynergies Inc., a leading provider of healthcare revenue cycle services and technology that includes advanced analytics and reporting platforms, has completed a merger with Dallas-based healthcare management and technology company Practice Performance Inc., effective August 31.
buyer: MedSynergies Inc.
Now serving more than 1300 healthcare providers in 23 U.S. states, MedSynergies provides revenue cycle services and integrates leading software programs into the daily operations of healthcare organizations.
target: Practice Performance Inc.
Practice Performance Inc. (PPI) is a healthcare management and technology company dedicated to enhancing the strategic, financial and operating environment of physician clients.
price ($mm)
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closed 6/7/2006 via PR Newswire

Totalmed Inc, acquired eNotes Systems Inc.

synopsis: TotalMed Inc is pleased to announce that it has acquired the assets of eNotes Systems Inc., a private comprehensive software technology company, delivering a suite of integrated medical management software to physicians and hospitals, which cost effectively assists providers of healthcare services in managing their patient and business affairs.
buyer: Totalmed Inc
Veridigm is a UK based investment company that provides merchant banking services to niche private and specific microcap public companies seeking debt and equity capital and/or to be part of a diversified, equitable, resource sharing, business combination.
target: eNotes Systems Inc.
A private comprehensive software technology company, delivering a suite of integrated medical management software to physicians and hospitals, which cost effectively assists providers of healthcare services in managing their patient and business affairs.
price ($mm)
rev ($mm)
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EV / EBITDA
closed 6/1/2006 via

3M, acquired SBG GmbH

synopsis: 3M Deutschland GmbH in Neuss announced today that it has entered into a definitive agreement to acquire SBG (Software und Beratung im Gesundheitswesen) GmbH, a Berlin-based developer of diagnosis related groups (DRG) software for hospitals, including related trademarks and patents. Terms of the transaction were not disclosed.
buyer: 3M(MMM:$29,611.00)
3M technology platforms are core elements of 3M innovation and springboards to meeting customer needs. In countless combinations, 3M technologies come together as core elements of innovative new products, making them simple to use, yet complex enough to help make the world smarter, healthier, safer.
target: SBG GmbH
SBG develops innovative software solutions for the health care industry in the areas of medical documentation, coding and DRG determination, as well as management. The company's most well-known product is KODIP(R), a coding and grouper software solution for hospitals and funding agencies.
price ($mm)
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closed 10/5/2010 via PR Newswire

Omnicell, Inc., acquired Pandora Data Systems

synopsis: Omnicell, Inc., a leading provider of medication management solutions to acute healthcare facilities, announced the acquisition of Pandora Data Systems, a leading provider of analytical software for medication diversion detection and regulatory compliance.
buyer: Omnicell, Inc.(OMCL:$213.46)
Omnicell, Inc. is a leading provider of systems to enable healthcare facilities to increase operational efficiency, enhance patient safety and allow clinicians to spend more time with their patients.
target: Pandora Data Systems
Pandora Data Systems is a leader in innovation for analytics. Since 1989, Pandora Data Systems has been committed to providing the Healthcare industry with cutting edge technology, actionable data analysis, and first class customer service.
price ($mm)
$6.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2005 via BusinessWire

Patterson Companies, Inc., acquired Intra Corp

synopsis: Patterson Companies, Inc. announced the acquisition of Intra Corp, one of the nation's leading developers of veterinary practice management software that is marketed under the IntraVet brand name.
buyer: Patterson Companies, Inc.(PDCO:$3,237.38)
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. As Patterson's largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software.
target: Intra Corp
IntraVet practice management software has been rated consistently as the best overall veterinary software with the strongest customer support by the American Animal Hospital Association (AAHA) Trends Magazine in its annual user-choice software survey.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 11/4/2010 via PR Newswire

Medicalis, acquired RWF, LLC

synopsis: Medicalis, a developer of radiology workflow solutions, announced that it acquired RadWorkFlow from RWF, LLC, a joint venture between Inland Imaging and Providence Health Care. The integrated solution combines the RadWorkFlow system with Medicalis' federated productivity and quality platform to enable distributed multi-PACS environments.
buyer parent:HLM Venture Partners
buyer: Medicalis
Medicalis is a developer of radiology workflow solutions for the next generation in productivity, utilization and quality. Medicalis' Collaborative Workflow Solutions uses evidence-based knowledge to enhance productivity and optimize utilization to ensure high-quality, cost-effective healthcare.
target parent: Inland Imaging Inc.
target: RWF, LLC
RadWorkFlow was developed by people who understand the problems that radiologist face. The RadWorkFlow system has proven to increase service productivity by up to 14 percent compared to traditional federated solutions.
price ($mm)
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closed 11/9/2012 via BusinessWire

KeyMark, Inc., acquired Encore Imaging Systems (EIS)

synopsis: KeyMark Inc., a South Carolina-based document management solution provider has acquired Oregon-based Encore Imaging Systems. Encore Imaging Systems provides document capture and management solutions to organizations with paper-bound business processes.
buyer: KeyMark, Inc.
KeyMark Inc. is an award-winning document capture, management and workflow systems provider. As a trusted industry source, KeyMark has been providing clients with customized document technology solutions since 1996.
target: Encore Imaging Systems (EIS)
Encore Imaging Systems (EIS), established in 1995, is a value added reseller of document capture, management and forms processing products.
price ($mm)
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EV / rev
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closed 10/8/2012 via PR Web

PointClickCare, acquired Accu-Med Services, LLC

synopsis: PointClickCare, the most widely-­used Electronic Health Record (EHR) platform for long­‐term care, has completed its acquisition of Accu-­Med Technology Solutions (Accu-Med Services, LLC), provider of integrated information solutions for healthcare and wellness providers of the elderly and wholly owned subsidiary of Omnicare, Inc.
buyer parent:JMI Equity
buyer: PointClickCare
PointClickCare is a electronic health record (EHR) platform for the long-term care industry. PointClickCare utilizes web-based software to help long-term care providers of all sizes, from small independent homes to large, multi-facility providers, manage the complete lifecycle of resident care.
target parent: Omnicare, Inc.
target: Accu-Med Services, LLC
Accu-Med is the largest provider of software and related services to long term care. It serves more than 5,000 facilities with clinical, financial, therapy, performance measurement and outcomes management systems.
price ($mm)
rev ($mm)
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EV / rev
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closed 6/6/2012 via BNC Analysis

Primus Capital Funds, acquired Answers On Demand, Inc.

synopsis: Primus has acquired Answers on Demand (AOD). AOD is a developer of targeted application software serving the Long Term Care and Senior Health Care Industries. The AnswersTM software suite was specifically designed for Continuing Care Retirement Communities but also serves a host of other related fields.
buyer: Primus Capital Funds
Primus Capital is a private equity firm that invests in profitable growth companies in the lower middle market. Primus provides expansion capital and leads buyout and minority recapitalization transactions in the healthcare, business services, and for-profit education industries.
target parent: Fortissimo Capital
target: Answers On Demand, Inc.
Answers On Demand is a developer of targeted application software serving the Long Term Care and Senior Health Care Industries. The AnswersTM software suite was specifically designed for Continuing Care Retirement Communities but also serves a host of other related fields.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/31/2007 via PR Newswire

Fortissimo Capital, acquired Answers On Demand, Inc.

synopsis: Magic Software Enterprises Ltd., a leading provider of business integration and application development technology, announced the sale of the entire share capital of Advanced Answers on Demand, a wholly owned subsidiary, to Fortissimo Capital for the sum of $17 million in cash.
buyer: Fortissimo Capital
Fortissimo Capital is a special situations private equity fund investing primarily in public and private technology companies that require a capital infusion to expand their business. Fortissimo Capital executes long term investments.
target parent: Emblaze Ltd.
target: Answers On Demand, Inc.
Answers On Demand is a developer and marketer of special application software serving the Long Term Care and Senior Health Care Industries. Four of the principals of AOD have unique individual records of success in the industry.
price ($mm)
$1.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/1/2007 via BusinessWire

Cerner Corp., will acquire Etreby Computer Company

synopsis: Cerner Corp. announced its intent to acquire Etreby Computer Company, Inc., a leading software provider of retail pharmacy management systems. The acquisition will expand Cerner’s pharmacy systems portfolio, adding innovative solutions and services to serve the independent, supermarket-associated an
buyer: Cerner Corp.(CERN:$2,665.44)
Cerner Corp is a leading supplier of clinical and management information/knowledge systems for healthcare organizations throughout the world. Cerner's mission is to connect the appropriate persons, knowledge, and resources at the appropriate time and location to achieve the optimal health outcome.
target: Etreby Computer Company
Etreby provides software solutions to pharmacy professionals nationwide. Community pharmacists has always relied on Etreby to provide technologically advanced, user-friendly software systems, that efficiently improve workflow, increase profits, and lower operating costs.
price ($mm)
$24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/4/2004 via BusinessWire

IPVoice Communications Inc., acquired Medical Office Software, Inc.

synopsis: IPVoice Communications, Inc. (OTCBB:IPVO)(www.ipvoice.com) announced today completing the acquisition of a 51% equity interest in Medical Office Software, Inc. (MOS). MOS currently has $3 million in annual sales providing medical industry specific software and technology solutions to 3000 medical professional clients throughout South Florida.
buyer: IPVoice Communications Inc.
NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assist its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations.
target: Medical Office Software, Inc.
MOS is an eighteen-year-old corporation providing medical industry software solutions to more than 3000 Physicians primarily in the South Florida Region. The Company's flagship Administrator product is a Medical Practice Management Software Package.
price ($mm)
rev ($mm)
$3
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 6/11/2007 via BusinessWire

Henry Schein, Inc., will acquire Software of Excellence International Ltd

synopsis: Henry Schein, Inc. the largest provider of healthcare products and services to office-based practitioners in the combined North American and European markets, announced its intent to make an offer to acquire Software of Excellence International Ltd., a New Zealand publicly listed company.
buyer: Henry Schein, Inc.(HSIC:$8,530.24)
Henry Schein's four business groups – Dental, Medical, International and Technology – serve more than 500,000 customers worldwide, including dental practitioners and laboratories, physician practices and animal health clinics, as well as government and other institutions.
target: Software of Excellence International Ltd
Software of Excellence Limited delivers innovative clinical and practice management solutions to Dental professionals. We have built a customer base of more than 5000 sites, established offices in the United Kingdom, Australia and New Zealand and secured customers throughout South-East Asia.
price($mm)[EV]
$46 [$43]
rev ($mm)
$16
EBITDA ($mm)
$4
EV / rev
3.6x
EV / EBITDA
15.0x
closed 5/29/2006 via BNC Analysis

Emergis, Inc., acquired Frontline Solutions, Inc.

synopsis: Emergis Inc. said Monday it is buying Toronto-based FrontLine Solutions Inc.'s pharmacy management systems business for about $4-million CAD in cash. The acquisition will allow Emergis to increase its presence in Ontario, the company said in a release.
buyer: Emergis, Inc.
Emergis is a leading North American eBusiness company powering interactions between companies and enabling them to optimize efficiency by conducting business electronically.
target: Frontline Solutions, Inc.
Frontline Solutions Inc. develops pharmacy management systems software that automates the prescription fulfillment process and provide an integrated point-of-service solution for in-store operations.
price ($mm)
$3.60
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/5/2007 via BusinessWire

Patterson Companies, Inc., acquired Advanced Practice Systems

synopsis: Patterson Companies, Inc. announced the acquisition of Advanced Practice Systems (known in the marketplace as PTOS Software), the developer and marketer of the industry-leading practice management software for physical therapists.
buyer: Patterson Companies, Inc.(PDCO:$3,237.38)
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. As Patterson's largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software.
target: Advanced Practice Systems
Most physical therapy practices in the United States choose PTOS as their software management system. PTOS’s customers range from single proprietorships to large corporations with hundreds of clinics. PTOS is present at all or most of the American Physical Therapy Association national conferences.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2008 via BusinessWire

Patterson Companies, Inc., acquired Dolphin Imaging & Management Solutions

synopsis: Patterson Companies, Inc. announced the acquisition of Dolphin Imaging Systems, LLC and Dolphin Practice Management, LLC, the world’s leading providers of 3D imaging and practice management software for specialized dental practitioners, including orthodontists, oral maxillofacial surgeons and dental radiologists.
buyer: Patterson Companies, Inc.(PDCO:$3,237.38)
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. As Patterson's largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software.
target: Dolphin Imaging & Management Solutions
Dolphin provides quality imaging, diagnostic and management solutions for dental-specialty practices and institutions. An industry leader since 1988, we offer advanced software solutions and unrivalled service. Our products have always been based on an “open platform.”
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/5/2007 via BusinessWire

Patterson Companies, Inc., acquired Advanced Practice Systems

synopsis: Patterson Companies, Inc. announced the acquisition of Advanced Practice Systems (known in the marketplace as PTOS Software), the developer and marketer of the industry-leading practice management software for physical therapists.
buyer: Patterson Companies, Inc.(PDCO:$3,237.38)
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. As Patterson's largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software.
target: Advanced Practice Systems
Most physical therapy practices in the United States choose PTOS as their software management system. PTOS’s customers range from single proprietorships to large corporations with hundreds of clinics. PTOS is present at all or most of the American Physical Therapy Association national conferences.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2005 via BusinessWire

Patterson Companies, Inc., acquired Intra Corp

synopsis: Patterson Companies, Inc. announced the acquisition of Intra Corp, one of the nation's leading developers of veterinary practice management software that is marketed under the IntraVet brand name.
buyer: Patterson Companies, Inc.(PDCO:$3,237.38)
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. As Patterson's largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software.
target: Intra Corp
IntraVet practice management software has been rated consistently as the best overall veterinary software with the strongest customer support by the American Animal Hospital Association (AAHA) Trends Magazine in its annual user-choice software survey.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 5/12/2004 via BusinessWire

Patterson Dental Supply, Inc., acquired CAESY Education Systems, Inc.

synopsis: Patterson Dental Company (Nasdaq:PDCO) today announced that it has acquired CAESY Education Systems, Inc., the leading provider of electronic patient education services to dental practices in North America. Terms for the all-cash transaction were not disclosed.
buyer: Patterson Dental Supply, Inc.(PDCO:$3,237.38)
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. As Patterson's largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software.
target: CAESY Education Systems, Inc.
CAESY patient education provides software and services for use throughout the dental office. From multimedia presentations on preventive, restorative and esthetic treatment options, to online communication tools, CAESY helps dental practices nationwide educate their patients and grow their practice
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/2/2004 via BusinessWire

McKesson Corporation, acquired Moore Medical Corporation

synopsis: McKesson Corporation (NYSE:MCK), the world's leading healthcare services company and the largest distributor of medical surgical supplies and pharmaceuticals to the alternate site marketplace, today announced that it has completed the acquisition of Moore Medical Corporation (AMEX:MMD) of New Britain, Conn.
buyer: McKesson Corporation(MCK:$122,734.00)
McKesson Corporation, is a healthcare services and information technology company dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes, and improving the quality and safety of patient care.
target: Moore Medical Corporation
Moore Medical Corp. is an Internet-enabled multi-channel marketer and distributor of medical, surgical and pharmaceutical products to over 100,000 healthcare practices and facilities in non-hospital settings nationwide, including physicians, emergency medical technicians, schools, correctional inst
price ($mm)
$43
rev ($mm)
$143
EBITDA ($mm)
$2
EV / rev
0.3x
EV / EBITDA
20.2x

Like Advanced Practice Systems


Advanced Practice Systems

System C Healthcare plc

Picis, Inc.

Picis, Inc.

Awarix, Inc.

SoftMed Systems, Inc.

Practice Performance Inc.

eNotes Systems Inc.

SBG GmbH

Pandora Data Systems

Intra Corp

RWF, LLC

Encore Imaging Systems (EIS)

Accu-Med Services, LLC

Answers On Demand, Inc.

Answers On Demand, Inc.

Etreby Computer Company

Medical Office Software, Inc.

Software of Excellence International Ltd

Frontline Solutions, Inc.

Advanced Practice Systems

Dolphin Imaging & Management Solutions

Advanced Practice Systems

Intra Corp

CAESY Education Systems, Inc.

Moore Medical Corporation

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PartsSource Inc.
PartsSource Inc.
PartsSource is the nation's only multi-modality, multi-vendor supplier of medical replacement parts. PartsSource also provides the medical equipment service industry with proprietary software solutions related to the acquisition and life cycle management of parts and equipment.
year
2010
rev ($mm)
$96.90
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
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