By Verisys Corporation

closed 3/14/2017 via Company Press Release

Cressey & Co., Spectrum Equity, acquired Verisys Corporation

synopsis: Verisys Corporation, a leading provider of technology solutions and primary-source data on healthcare professionals and businesses, announced that Spectrum Equity, along with Cressey & Company and Verisys CEO John P. Benson, have made a significant growth equity investment in the Company.
buyer: Spectrum Equity
buyer: Cressey & Co.
Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative Internet, software and information services companies. Cressey & Company LP is a private investment firm focused exclusively on investing in and building leading healthcare businesses. "
target: Verisys Corporation
Verisys is the leading provider of health care credentialing services with the most current, accurate, and comprehensive data and technology tools. Since 1992, Verisys has been leading the health care industry by providing the highest quality data coupled with deep health care industry experience.
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closed 3/14/2017 via Company Press Release

Cressey & Co., Spectrum Equity, acquired Verisys Corporation

synopsis: Verisys Corporation, a leading provider of technology solutions and primary-source data on healthcare professionals and businesses, announced that Spectrum Equity, along with Cressey & Company and Verisys CEO John P. Benson, have made a significant growth equity investment in the Company.
buyer: Spectrum Equity
buyer: Cressey & Co.
Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative Internet, software and information services companies. Cressey & Company LP is a private investment firm focused exclusively on investing in and building leading healthcare businesses. "
target: Verisys Corporation
Verisys is the leading provider of health care credentialing services with the most current, accurate, and comprehensive data and technology tools. Since 1992, Verisys has been leading the health care industry by providing the highest quality data coupled with deep health care industry experience.
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closed 1/5/2015 via BusinessWire

LexisNexis Risk Solutions, acquired Health Market Science, Inc.

synopsis: LexisNexis® Risk Solutions, a division of Reed Elsevier, announced it has acquired Health Market Science (HMS), a leading supplier of high-quality data on health care professionals and an administrator of one of the largest practitioner-level medical claims databases in the U.S.
buyer parent: Reed Elsevier
buyer: LexisNexis Risk Solutions
LexisNexis Risk Solutions is a leader in providing essential information that helps customers across industries and government predict, assess and manage risk. They are a leading supplier of data and data management solutions for the health care industry. "
target parent: Edison Partners
target: Health Market Science, Inc.
Health Market Science (HMS), helps businesses and government entities solve complex business challenges centered on healthcare provider information. HMS develops agile solutions so their clients can improve compliance, reduce operational costs and maximize market opportunities in real time.
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closed 9/1/2010 via PR Newswire

Thomson Reuters, acquired Healthcare Data Management, Inc.

synopsis: Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, announced that it has acquired Healthcare Data Management, Inc. Effective immediately, the company will become part of the Healthcare & Science business of Thomson Reuters.
buyer: Thomson Reuters (TRI:$5,906.00)
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. Powered by the world's most trusted news organization, Thomson Reuters combine industry expertise with innovative technology to deliver critical information to leading decision makers. "
target: Healthcare Data Management, Inc.
Healthcare Data Management was a pioneer in the establishment of modeling employee health benefit plans and using data-driven metrics to monitor plan performance.
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closed 1/22/2020 via BNC Analysis

Fyllo, acquired CannaRegs, Inc.

synopsis: Fyllo, the world's first MarTech platform for the cannabis industry, has acquired CannaRegs, a website offering subscription access to state and municipal cannabis regulations. CannaRegs provides up-to-date information on cannabis-related rules and regulations from over 4,000 municipal, county, state and federal sources.
buyer: Fyllo
Fyllo is the world's first MarTech platform for the cannabis industry. Fyllo's CannaBrain technology ingests and interrogates billions of data points, allowing brands to safely build and execute advertising campaigns while also enabling publishers to create and monetize compliant ad inventory. "
target: CannaRegs, Inc.
CannaRegs is a comprehensive web-based subscription service and technology platform that provides users enhanced access to all state and municipal cannabis rules and regulations. CannaRegs provides up-to-date information on cannabis-related rules and regulations from over 4,000 sources.
price ($mm)
$10
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closed 1/8/2019 via BusinessWire

IntelliCentrics, acquired Who Are You

synopsis: IntelliCentrics, owner and operator of the cloud-based SEC3URE healthcare technology platform, announced the acquisition of UK-based Who Are You Ltd, a UK-based credential checking service, which brings hospitals and companies together to help provide safer healthcare.
buyer parent: deView Electronics USA Inc
buyer: IntelliCentrics
IntelliCentrics is a leading platform in vendor credentialing, and in 2018 entered the medical credentialing market. Subscribers submit their data and information to their technology platform where it is processed and verified so it can be trusted. "
target: Who Are You
Who Are You Ltd is a UK-based credential checking service, which brings hospitals and companies together to help provide safer healthcare.
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announced 8/24/2017 via PR Newswire

MassRoots, will acquire CannaRegs, Inc.

synopsis: MassRoots, Inc. is pleased to announce the acquisition of CannaRegs, Inc., a leading technology platform that tracks changes in cannabis regulations and taxation at the municipal, state, and federal levels.
buyer: MassRoots (OTCPK:MSRT:$0.39)
MassRoots, Inc. is a leading technology platform for the regulated cannabis industry. Its mobile apps empower consumers to make educated cannabis purchasing decisions. Its compliance and POS system enables cannabis-related businesses to streamline their retail operations and compliance reporting. "
target: CannaRegs, Inc.
CannaRegs is a web-based subscription service that provides up-to-date enhanced access to all cannabis-related rules and regulations from municipal, county, state & federal sources. The platform currently provides comprehensive cannabis laws for the states of California, Colorado, Florida & Nevada.
price ($mm)
$12
rev ($mm)
$0
EBITDA ($mm)
EV / rev
26.0x
EV / EBITDA
closed 4/15/2011 via PR Newswire

REPTrax, Inc., acquired Status Blue, LLC

synopsis: IntelliCentrics, Inc., owner and operator of both Reptrax and VendorClear, announced the acquisition of Status Blue, LLC, a leading vendor compliance solution. Status Blue, LLC brings to IntelliCentrics a history of outstanding customer care and grounded credentialing principles that are shared by both companies.
buyer parent: deView Electronics USA Inc
buyer: REPTrax, Inc.
The REPtrax service is the largest vender credentialing solution by number of installations. The REPtrax service assists through and administrates the implementation and enforcement of a healthcare organization’s sweeping compliance plan, including credentialing and facility-access policies. "
target: Status Blue, LLC
Status Blue, LLC is a leading vendor compliance solution. It is committed to simplifying and expediting the credentialing certification process that every healthcare industry representative and hospital undertakes to ensure patient safety and industry accountability.
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closed 6/10/2014 via PR Newswire

Press Ganey Associates, Inc., acquired National Database of Nursing Quality Indicators

synopsis: Press Ganey, a leader in performance improvement, announced the acquisition of the National Database of Nursing Quality Indicators (NDNQI), the leading quality improvement and nurse engagement tool developed by the American Nurses Association.
buyer parent: Vestar Capital Partners
buyer: Press Ganey Associates, Inc. (PGND:$344.32)
Press Ganey partners with more than 11,000 health care organizations to create and sustain high-performing organizations, and, ultimately, improve the overall health care experience. The company offers solutions to help clients operate efficiently, improve quality and optimize reimbursement. "
target parent: American Nurses Association
target: National Database of Nursing Quality Indicators
NDNQI® is the only national nursing quality measurement program that enables hospitals to compare measures of their nursing quality against national, regional and state norms for hospitals of the same type down to the unit level.
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closed 8/5/2010 via PR Newswire

Press Ganey Associates, Inc., acquired Quality Indicator Project

synopsis: Press Ganey Associates, Inc. announced it has acquired the Quality Indicator Project® division (QI Project®) from the Maryland Hospital Association. Launched in 1984, QI Project is among the earliest pioneers in the clinical performance measurement arena.
buyer parent: Vestar Capital Partners
buyer: Press Ganey Associates, Inc. (PGND:$344.32)
Press Ganey Associates is the health care industry’s leading independent vendor of satisfaction measurement and improvement services. Press Ganey assists health care facilities in collecting and using patient, resident, employee, and physician evaluations in their quality improvement initiatives. "
target parent: Maryland Hospital Association
target: Quality Indicator Project
Healthcare executives, clinicians and quality professionals throughout the U.S. rely on the Quality Indicator Project’s best-in-class clinical performance measurement, reporting, and analytical solutions to meet their performance measurement and improvement goals for core measures and more.
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closed 5/2/2005 via BusinessWire

Passport Health Communications, Inc., acquired Healthworks Alliance, Inc.

synopsis: Passport Health Communications, Inc. announced that it has completed the previously announced acquisition of Healthworks Alliance, Inc., a leading provider of front and back-end software applications designed to assist healthcare providers in identifying and eliminating denied claims and related wri
buyer parent: Primus Capital Funds
buyer: Passport Health Communications, Inc.
Passport Health Communications, Inc. is focused on delivering innovative, transaction-based healthcare solutions that help providers manage the balance between patient access, quality of care and getting paid. "
target: Healthworks Alliance, Inc.
Healthworks Alliance, Inc. develops and markets application software and specialized databases which are used by healthcare providers to validate orders and claims for compliance with applicable reimbursement edits, and to manage the appeal of denied claims.
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closed 7/17/2017 via BusinessWire

Cotiviti Corporation, acquired RowdMap

synopsis: Cotiviti, a leading provider of analytics-driven payment accuracy solutions primarily focused on the healthcare industry, has completed the acquisition of RowdMap, a payer-provider, value-based analytics company employing Risk-Readiness Benchmarks to assist health plans, physician groups, and hospital systems identify and reduce low-value care.
buyer parent: Advent International
buyer: Cotiviti Corporation (COTV:$737.56)
Cotiviti is a leading provider of payment accuracy and insight driven solutions that helps healthcare payers and retailers achieve their business objectives by unlocking value from the incongruities the company discovers in the complex interactions customers have with stakeholders. "
target: RowdMap
RowdMap is a payer-provider, value-based analytics company employing Risk-Readiness® Benchmarks to assist health plans, physician groups, and hospital systems identify, quantify, and reduce low-value care.
price ($mm)
$70
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2019 via BNC Analysis

RJ Capital Partners, acquired Infonetica ltd.

synopsis: RJ Capital Partners, a UK-based entrepreneurial firm, has acquired Infonetica, a global provider of intuitive software solutions, serving national health trusts, internationally renowned universities and governments. Infonetica offers solutions for research management, ethics application approval, tissue sample tracking, and compliance training.
buyer: RJ Capital Partners
RJ Capital Partners is a UK-based entrepreneurial firm set up to acquire, actively manage and grow one privately-held business that has the potential to become a leader in its industry. RJ Capital Partners was established by Raja Prasanna, a highly experienced entrepreneur. "
target: Infonetica ltd.
Infonetica is a global provider of intuitive software solutions, serving national health trusts, internationally renowned universities and governments. Infonetica offers solutions for research management, ethics application approval, tissue sample tracking, and compliance training.
price ($mm)
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closed 10/4/2017 via BusinessWire

Steele Compliance Solutions, Inc., acquired Compliance Wave

synopsis: Steele Compliance Solutions, Inc. announced its acquisition of Compliance Wave LLC. Compliance Wave is an innovative leader in compliance micro-training content. With an impressive client base of Fortune 500 companies, Compliance Wave provides a library of over 2,000 micro-learning & communication tools in more than 30 languages.
buyer: Steele Compliance Solutions, Inc.
Steele Compliance is a global compliance intelligence firm offering comprehensive third-party due diligence and software-as-a-service (SaaS) solutions that help organizations comply with regulatory requirements and align with best practices. "
target: Compliance Wave
Compliance Wave is an innovative leader in compliance micro-training content. Compliance Wave provides a library of over 2,000 micro-learning & communication tools in more than 30 languages. The content provides short, engaging and retainable information.
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closed 2/2/2017 via PR Web

Career Step, acquired Panacea Healthcare Solutions, Inc.

synopsis: Career Step, an online provider of career-focused education and professional training, has acquired the Revenue Capture and Coding and Documentation Divisions of Panacea Healthcare Solutions. Panacea Healthcare Solutions provides expert coding, compliance, technology and financial advice to hundreds of healthcare providers each year.
buyer parent: Revelstoke Capital Partners LLC
buyer: Career Step
Career Step is an online provider of career-focused education and corporate training. Career Step provides training for the largest and most respected healthcare employers in the nation and is committed to helping students and practicing professionals gain the skills they need to be successful. "
target: Panacea Healthcare Solutions, Inc.
Panacea Healthcare Solutions provides expert coding, compliance, financial consulting and information technology to hundreds of healthcare providers and organizations each year to proactively maintain compliance and identify risk and new incremental net revenue opportunities.
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announced 3/24/2016 via AP - Associated Press

BLR, will purchase HR, Health Care and Environmental divisions from Thompson Information Services

synopsis: BLR has reached an agreement to acquire HR, Health Care and Environmental divisions of Thompson Information Services. The company is recognized as one of the leading publishers of compliance and regulatory information and training in the fields of federal grants, federal contracting, financial services, food and drug, and more.
buyer: BLR
BLR®—Business & Legal Resources helps U.S. businesses simplify compliance with state and federal legal requirements, and help them become more successful. They do this by offering authoritative content and practical, easy-to-use tools. "
seller parent: Columbia Books & Information Services
seller: Thompson Information Services
Thompson Information Services to provide the most authoritative, timely and practical guidance available in a variety of professional practice areas. Thompson Information Services is recognized as one of the leading publishers of compliance and regulatory information and training.
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closed 11/1/2013 via PR Web

BLR, purchased HCPro & HealthLeaders from HCPro, Inc.

synopsis: BLR®—Business & Legal Resources—announced the acquisition of the HCPro and HealthLeaders Media brands and certain assets. HCPro is a leading provider of integrated information, education and training in the vital areas of healthcare regulation and compliance.
buyer: BLR
BLR is the leading provider of employment, safety, and environmental compliance solutions. Its award-winning information products—including training programs, events, web portals, reports and subscription services—give businesses of all sizes and industries the best tools available. "
seller parent: Halyard Capital
seller: HCPro, Inc.
HCPro is a provider of integrated information, education, training, and consulting products and services in the vital areas of healthcare regulation and compliance. HealthLeaders Media is a media company dedicated to meeting the business information needs of healthcare professionals.
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closed 3/1/2013 via PR Web

NetDimensions Ltd., acquired eHealthcareIT

synopsis: NetDimensions, a global provider of performance, knowledge and learning management systems, announced that it has acquired the assets, goodwill and business of eHealthcareIT. The acquisition is in line with NetDimensions’ strategy to become a premier global provider for talent management solutions for highly-regulated industries.
buyer: NetDimensions Ltd. (AIM:NETD:$25.30)
NetDimensions is a global provider of performance, knowledge and learning management systems. The company's key products include the Enterprise Knowledge Platform, the Enterprise Assessment Platform and the Enterprise Content Platform. "
target: eHealthcareIT
eHealthcareIT specializes in e-learning and compliance solutions for the U.S. healthcare market. Their solutions comprise of specialized healthcare training content that help address Corporate, HIPAA, and Joint Commission compliance requirements, delivered via the NetDimensions Talent Suite.
price ($mm)
$2.24
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closed 2/13/2008 via PR Newswire

Halyard Capital, acquired HCPro, Inc.

synopsis: Berkery Noyes announced that the firm represented The Riverside Company on the sale of its portfolio company HCPro Holdings, Inc. to Halyard Capital. The management team will continue to have an investment in the new entity. Terms of the transaction were not disclosed.
buyer: Halyard Capital
Halyard is a private equity fund with $350 million of capital under management focused on investing in media, communications and business services companies. The Fund specializes in middle-market leveraged buyouts, growth equity and structured equity investments. "
target parent: The Riverside Company
target: HCPro, Inc.
HCPro is a leading provider of integrated information, education, training, and consulting products and services in the vital areas of healthcare regulation and compliance. The company's mission is to meet the specialized informational, advisory, and educational needs of the healthcare industry.
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closed 3/24/2014 via PR Web

Weatherbee Resources, Inc., acquired Hospice Compliance Network

synopsis: Weatherbee Resources Inc., the nation’s leading provider of hospice consulting services, announced the acquisition of the Hospice Compliance Network from Summit Business Group, LLC. The Hospice Compliance Network assists hospices in their efforts to develop and maintain effective corporate compliance programs.
buyer: Weatherbee Resources, Inc.
Weatherbee Resources is the nation’s leading provider of consulting services exclusively for the hospice industry. Founded in 1997, Weatherbee has developed and provided products and services to assist hospices with regulatory compliance, operational efficiency and best practices. "
target parent: Summit Business Group, LLC
target: Hospice Compliance Network
The Hospice Compliance Network has provided hospice compliance officers and management teams with resources to assist in understanding and managing the myriad of regulatory challenges the industry has endured.
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closed 3/9/2016 via PR Web

Relias Learning, acquired Assessment and Intelligence Systems, Inc.

synopsis: Relias Learning, the leader in online training and compliance solutions for the healthcare market, has completed the acquisition of Assessment & Intelligence Systems (AIS). AIS brings to Relias market-leading expertise in training for the minimum data set (MDS) requirements and the resident assessment instrument (RAI) patient assessment.
buyer parent: Bertelsmann SE & Co. KGaA
buyer: Relias Learning
Relias Learning provides an online training solution for the healthcare market. Relias offers unrivaled content, the ability for customers to create unique content including live training, and allows for the demonstration of skill and performance, all in a singular learning management system. "
target: Assessment and Intelligence Systems, Inc.
Assessment & Intelligence Systems (AIS)combines experience in healthcare and technology with in-depth knowledge of research based standards to provide unrivaled online learning solutions in the area of client assessments.
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closed 3/14/2017 via Company Press Release

Cressey & Co., Spectrum Equity, acquired Verisys Corporation

synopsis: Verisys Corporation, a leading provider of technology solutions and primary-source data on healthcare professionals and businesses, announced that Spectrum Equity, along with Cressey & Company and Verisys CEO John P. Benson, have made a significant growth equity investment in the Company.
buyer: Spectrum Equity
buyer: Cressey & Co.
Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative Internet, software and information services companies. Cressey & Company LP is a private investment firm focused exclusively on investing in and building leading healthcare businesses. "
target: Verisys Corporation
Verisys is the leading provider of health care credentialing services with the most current, accurate, and comprehensive data and technology tools. Since 1992, Verisys has been leading the health care industry by providing the highest quality data coupled with deep health care industry experience.
price ($mm)
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closed 1/5/2015 via BusinessWire

LexisNexis Risk Solutions, acquired Health Market Science, Inc.

synopsis: LexisNexis® Risk Solutions, a division of Reed Elsevier, announced it has acquired Health Market Science (HMS), a leading supplier of high-quality data on health care professionals and an administrator of one of the largest practitioner-level medical claims databases in the U.S.
buyer parent: Reed Elsevier
buyer: LexisNexis Risk Solutions
LexisNexis Risk Solutions is a leader in providing essential information that helps customers across industries and government predict, assess and manage risk. They are a leading supplier of data and data management solutions for the health care industry. "
target parent: Edison Partners
target: Health Market Science, Inc.
Health Market Science (HMS), helps businesses and government entities solve complex business challenges centered on healthcare provider information. HMS develops agile solutions so their clients can improve compliance, reduce operational costs and maximize market opportunities in real time.
price ($mm)
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closed 9/1/2010 via PR Newswire

Thomson Reuters, acquired Healthcare Data Management, Inc.

synopsis: Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, announced that it has acquired Healthcare Data Management, Inc. Effective immediately, the company will become part of the Healthcare & Science business of Thomson Reuters.
buyer: Thomson Reuters (TRI:$5,906.00)
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. Powered by the world's most trusted news organization, Thomson Reuters combine industry expertise with innovative technology to deliver critical information to leading decision makers. "
target: Healthcare Data Management, Inc.
Healthcare Data Management was a pioneer in the establishment of modeling employee health benefit plans and using data-driven metrics to monitor plan performance.
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closed 1/22/2020 via BNC Analysis

Fyllo, acquired CannaRegs, Inc.

synopsis: Fyllo, the world's first MarTech platform for the cannabis industry, has acquired CannaRegs, a website offering subscription access to state and municipal cannabis regulations. CannaRegs provides up-to-date information on cannabis-related rules and regulations from over 4,000 municipal, county, state and federal sources.
buyer: Fyllo
Fyllo is the world's first MarTech platform for the cannabis industry. Fyllo's CannaBrain technology ingests and interrogates billions of data points, allowing brands to safely build and execute advertising campaigns while also enabling publishers to create and monetize compliant ad inventory. "
target: CannaRegs, Inc.
CannaRegs is a comprehensive web-based subscription service and technology platform that provides users enhanced access to all state and municipal cannabis rules and regulations. CannaRegs provides up-to-date information on cannabis-related rules and regulations from over 4,000 sources.
price ($mm)
$10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/8/2019 via BusinessWire

IntelliCentrics, acquired Who Are You

synopsis: IntelliCentrics, owner and operator of the cloud-based SEC3URE healthcare technology platform, announced the acquisition of UK-based Who Are You Ltd, a UK-based credential checking service, which brings hospitals and companies together to help provide safer healthcare.
buyer parent: deView Electronics USA Inc
buyer: IntelliCentrics
IntelliCentrics is a leading platform in vendor credentialing, and in 2018 entered the medical credentialing market. Subscribers submit their data and information to their technology platform where it is processed and verified so it can be trusted. "
target: Who Are You
Who Are You Ltd is a UK-based credential checking service, which brings hospitals and companies together to help provide safer healthcare.
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announced 8/24/2017 via PR Newswire

MassRoots, will acquire CannaRegs, Inc.

synopsis: MassRoots, Inc. is pleased to announce the acquisition of CannaRegs, Inc., a leading technology platform that tracks changes in cannabis regulations and taxation at the municipal, state, and federal levels.
buyer: MassRoots (OTCPK:MSRT:$0.39)
MassRoots, Inc. is a leading technology platform for the regulated cannabis industry. Its mobile apps empower consumers to make educated cannabis purchasing decisions. Its compliance and POS system enables cannabis-related businesses to streamline their retail operations and compliance reporting. "
target: CannaRegs, Inc.
CannaRegs is a web-based subscription service that provides up-to-date enhanced access to all cannabis-related rules and regulations from municipal, county, state & federal sources. The platform currently provides comprehensive cannabis laws for the states of California, Colorado, Florida & Nevada.
price ($mm)
$12
rev ($mm)
$0
EBITDA ($mm)
EV / rev
26.0x
EV / EBITDA
closed 4/15/2011 via PR Newswire

REPTrax, Inc., acquired Status Blue, LLC

synopsis: IntelliCentrics, Inc., owner and operator of both Reptrax and VendorClear, announced the acquisition of Status Blue, LLC, a leading vendor compliance solution. Status Blue, LLC brings to IntelliCentrics a history of outstanding customer care and grounded credentialing principles that are shared by both companies.
buyer parent: deView Electronics USA Inc
buyer: REPTrax, Inc.
The REPtrax service is the largest vender credentialing solution by number of installations. The REPtrax service assists through and administrates the implementation and enforcement of a healthcare organization’s sweeping compliance plan, including credentialing and facility-access policies. "
target: Status Blue, LLC
Status Blue, LLC is a leading vendor compliance solution. It is committed to simplifying and expediting the credentialing certification process that every healthcare industry representative and hospital undertakes to ensure patient safety and industry accountability.
price ($mm)
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closed 6/10/2014 via PR Newswire

Press Ganey Associates, Inc., acquired National Database of Nursing Quality Indicators

synopsis: Press Ganey, a leader in performance improvement, announced the acquisition of the National Database of Nursing Quality Indicators (NDNQI), the leading quality improvement and nurse engagement tool developed by the American Nurses Association.
buyer parent: Vestar Capital Partners
buyer: Press Ganey Associates, Inc. (PGND:$344.32)
Press Ganey partners with more than 11,000 health care organizations to create and sustain high-performing organizations, and, ultimately, improve the overall health care experience. The company offers solutions to help clients operate efficiently, improve quality and optimize reimbursement. "
target parent: American Nurses Association
target: National Database of Nursing Quality Indicators
NDNQI® is the only national nursing quality measurement program that enables hospitals to compare measures of their nursing quality against national, regional and state norms for hospitals of the same type down to the unit level.
price ($mm)
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closed 8/5/2010 via PR Newswire

Press Ganey Associates, Inc., acquired Quality Indicator Project

synopsis: Press Ganey Associates, Inc. announced it has acquired the Quality Indicator Project® division (QI Project®) from the Maryland Hospital Association. Launched in 1984, QI Project is among the earliest pioneers in the clinical performance measurement arena.
buyer parent: Vestar Capital Partners
buyer: Press Ganey Associates, Inc. (PGND:$344.32)
Press Ganey Associates is the health care industry’s leading independent vendor of satisfaction measurement and improvement services. Press Ganey assists health care facilities in collecting and using patient, resident, employee, and physician evaluations in their quality improvement initiatives. "
target parent: Maryland Hospital Association
target: Quality Indicator Project
Healthcare executives, clinicians and quality professionals throughout the U.S. rely on the Quality Indicator Project’s best-in-class clinical performance measurement, reporting, and analytical solutions to meet their performance measurement and improvement goals for core measures and more.
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closed 5/2/2005 via BusinessWire

Passport Health Communications, Inc., acquired Healthworks Alliance, Inc.

synopsis: Passport Health Communications, Inc. announced that it has completed the previously announced acquisition of Healthworks Alliance, Inc., a leading provider of front and back-end software applications designed to assist healthcare providers in identifying and eliminating denied claims and related wri
buyer parent: Primus Capital Funds
buyer: Passport Health Communications, Inc.
Passport Health Communications, Inc. is focused on delivering innovative, transaction-based healthcare solutions that help providers manage the balance between patient access, quality of care and getting paid. "
target: Healthworks Alliance, Inc.
Healthworks Alliance, Inc. develops and markets application software and specialized databases which are used by healthcare providers to validate orders and claims for compliance with applicable reimbursement edits, and to manage the appeal of denied claims.
price ($mm)
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closed 7/17/2017 via BusinessWire

Cotiviti Corporation, acquired RowdMap

synopsis: Cotiviti, a leading provider of analytics-driven payment accuracy solutions primarily focused on the healthcare industry, has completed the acquisition of RowdMap, a payer-provider, value-based analytics company employing Risk-Readiness Benchmarks to assist health plans, physician groups, and hospital systems identify and reduce low-value care.
buyer parent: Advent International
buyer: Cotiviti Corporation (COTV:$737.56)
Cotiviti is a leading provider of payment accuracy and insight driven solutions that helps healthcare payers and retailers achieve their business objectives by unlocking value from the incongruities the company discovers in the complex interactions customers have with stakeholders. "
target: RowdMap
RowdMap is a payer-provider, value-based analytics company employing Risk-Readiness® Benchmarks to assist health plans, physician groups, and hospital systems identify, quantify, and reduce low-value care.
price ($mm)
$70
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2019 via BNC Analysis

RJ Capital Partners, acquired Infonetica ltd.

synopsis: RJ Capital Partners, a UK-based entrepreneurial firm, has acquired Infonetica, a global provider of intuitive software solutions, serving national health trusts, internationally renowned universities and governments. Infonetica offers solutions for research management, ethics application approval, tissue sample tracking, and compliance training.
buyer: RJ Capital Partners
RJ Capital Partners is a UK-based entrepreneurial firm set up to acquire, actively manage and grow one privately-held business that has the potential to become a leader in its industry. RJ Capital Partners was established by Raja Prasanna, a highly experienced entrepreneur. "
target: Infonetica ltd.
Infonetica is a global provider of intuitive software solutions, serving national health trusts, internationally renowned universities and governments. Infonetica offers solutions for research management, ethics application approval, tissue sample tracking, and compliance training.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2017 via BusinessWire

Steele Compliance Solutions, Inc., acquired Compliance Wave

synopsis: Steele Compliance Solutions, Inc. announced its acquisition of Compliance Wave LLC. Compliance Wave is an innovative leader in compliance micro-training content. With an impressive client base of Fortune 500 companies, Compliance Wave provides a library of over 2,000 micro-learning & communication tools in more than 30 languages.
buyer: Steele Compliance Solutions, Inc.
Steele Compliance is a global compliance intelligence firm offering comprehensive third-party due diligence and software-as-a-service (SaaS) solutions that help organizations comply with regulatory requirements and align with best practices. "
target: Compliance Wave
Compliance Wave is an innovative leader in compliance micro-training content. Compliance Wave provides a library of over 2,000 micro-learning & communication tools in more than 30 languages. The content provides short, engaging and retainable information.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/2/2017 via PR Web

Career Step, acquired Panacea Healthcare Solutions, Inc.

synopsis: Career Step, an online provider of career-focused education and professional training, has acquired the Revenue Capture and Coding and Documentation Divisions of Panacea Healthcare Solutions. Panacea Healthcare Solutions provides expert coding, compliance, technology and financial advice to hundreds of healthcare providers each year.
buyer parent: Revelstoke Capital Partners LLC
buyer: Career Step
Career Step is an online provider of career-focused education and corporate training. Career Step provides training for the largest and most respected healthcare employers in the nation and is committed to helping students and practicing professionals gain the skills they need to be successful. "
target: Panacea Healthcare Solutions, Inc.
Panacea Healthcare Solutions provides expert coding, compliance, financial consulting and information technology to hundreds of healthcare providers and organizations each year to proactively maintain compliance and identify risk and new incremental net revenue opportunities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/24/2016 via AP - Associated Press

BLR, will purchase HR, Health Care and Environmental divisions from Thompson Information Services

synopsis: BLR has reached an agreement to acquire HR, Health Care and Environmental divisions of Thompson Information Services. The company is recognized as one of the leading publishers of compliance and regulatory information and training in the fields of federal grants, federal contracting, financial services, food and drug, and more.
buyer: BLR
BLR®—Business & Legal Resources helps U.S. businesses simplify compliance with state and federal legal requirements, and help them become more successful. They do this by offering authoritative content and practical, easy-to-use tools. "
seller parent: Columbia Books & Information Services
seller: Thompson Information Services
Thompson Information Services to provide the most authoritative, timely and practical guidance available in a variety of professional practice areas. Thompson Information Services is recognized as one of the leading publishers of compliance and regulatory information and training.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/1/2013 via PR Web

BLR, purchased HCPro & HealthLeaders from HCPro, Inc.

synopsis: BLR®—Business & Legal Resources—announced the acquisition of the HCPro and HealthLeaders Media brands and certain assets. HCPro is a leading provider of integrated information, education and training in the vital areas of healthcare regulation and compliance.
buyer: BLR
BLR is the leading provider of employment, safety, and environmental compliance solutions. Its award-winning information products—including training programs, events, web portals, reports and subscription services—give businesses of all sizes and industries the best tools available. "
seller parent: Halyard Capital
seller: HCPro, Inc.
HCPro is a provider of integrated information, education, training, and consulting products and services in the vital areas of healthcare regulation and compliance. HealthLeaders Media is a media company dedicated to meeting the business information needs of healthcare professionals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/1/2013 via PR Web

NetDimensions Ltd., acquired eHealthcareIT

synopsis: NetDimensions, a global provider of performance, knowledge and learning management systems, announced that it has acquired the assets, goodwill and business of eHealthcareIT. The acquisition is in line with NetDimensions’ strategy to become a premier global provider for talent management solutions for highly-regulated industries.
buyer: NetDimensions Ltd. (AIM:NETD:$25.30)
NetDimensions is a global provider of performance, knowledge and learning management systems. The company's key products include the Enterprise Knowledge Platform, the Enterprise Assessment Platform and the Enterprise Content Platform. "
target: eHealthcareIT
eHealthcareIT specializes in e-learning and compliance solutions for the U.S. healthcare market. Their solutions comprise of specialized healthcare training content that help address Corporate, HIPAA, and Joint Commission compliance requirements, delivered via the NetDimensions Talent Suite.
price ($mm)
$2.24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/13/2008 via PR Newswire

Halyard Capital, acquired HCPro, Inc.

synopsis: Berkery Noyes announced that the firm represented The Riverside Company on the sale of its portfolio company HCPro Holdings, Inc. to Halyard Capital. The management team will continue to have an investment in the new entity. Terms of the transaction were not disclosed.
buyer: Halyard Capital
Halyard is a private equity fund with $350 million of capital under management focused on investing in media, communications and business services companies. The Fund specializes in middle-market leveraged buyouts, growth equity and structured equity investments. "
target parent: The Riverside Company
target: HCPro, Inc.
HCPro is a leading provider of integrated information, education, training, and consulting products and services in the vital areas of healthcare regulation and compliance. The company's mission is to meet the specialized informational, advisory, and educational needs of the healthcare industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/24/2014 via PR Web

Weatherbee Resources, Inc., acquired Hospice Compliance Network

synopsis: Weatherbee Resources Inc., the nation’s leading provider of hospice consulting services, announced the acquisition of the Hospice Compliance Network from Summit Business Group, LLC. The Hospice Compliance Network assists hospices in their efforts to develop and maintain effective corporate compliance programs.
buyer: Weatherbee Resources, Inc.
Weatherbee Resources is the nation’s leading provider of consulting services exclusively for the hospice industry. Founded in 1997, Weatherbee has developed and provided products and services to assist hospices with regulatory compliance, operational efficiency and best practices. "
target parent: Summit Business Group, LLC
target: Hospice Compliance Network
The Hospice Compliance Network has provided hospice compliance officers and management teams with resources to assist in understanding and managing the myriad of regulatory challenges the industry has endured.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2016 via PR Web

Relias Learning, acquired Assessment and Intelligence Systems, Inc.

synopsis: Relias Learning, the leader in online training and compliance solutions for the healthcare market, has completed the acquisition of Assessment & Intelligence Systems (AIS). AIS brings to Relias market-leading expertise in training for the minimum data set (MDS) requirements and the resident assessment instrument (RAI) patient assessment.
buyer parent: Bertelsmann SE & Co. KGaA
buyer: Relias Learning
Relias Learning provides an online training solution for the healthcare market. Relias offers unrivaled content, the ability for customers to create unique content including live training, and allows for the demonstration of skill and performance, all in a singular learning management system. "
target: Assessment and Intelligence Systems, Inc.
Assessment & Intelligence Systems (AIS)combines experience in healthcare and technology with in-depth knowledge of research based standards to provide unrivaled online learning solutions in the area of client assessments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

By Verisys Corporation


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Verisys Corporation

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Verisys Corporation

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Verisys Corporation

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