Like Devero

closed 7/19/2017 via BusinessWire

Netsmart Technologies, Inc., acquired Devero

synopsis: Netsmart announced it has acquired DeVero, a healthcare technology company that specializes in home healthcare and hospice. DeVero provides powerful and user-friendly SaaS solutions for point of care, EMR, scheduling, and billing.
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart is an innovative healthcare technology provider that provides electronic health records (EHRs), health information exchange, data analytics, mobile clinical and consumer engagement solutions for behavioral health, social services and post-acute communities. "
target: Devero
DeVero is one of the fastest-growing SaaS solutions in home care, serving over 57,000 users at 540 organizations with a focus on home health, hospice, and other care-at-home services. It provides powerful and user-friendly solutions for point of care, EMR, scheduling, and billing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/12/2019 via BusinessWire

WellSky, acquired ClearCare

synopsis: WellSky Corporation, a leading health and community care technology company, has acquired ClearCare, Inc, a provider of a Software-as-a-Service platform used by personal care agencies. With the addition of ClearCare, WellSky solidifies its position in the personal care market, adding to the company’s already robust set of solutions and services.
buyer parent: TPG Capital
buyer: WellSky
WellSky is a technology company advancing human wellness. WellSky's software and professional services help businesses, organizations, and communities solve challenges, improve collaboration for growth, and achieve better outcomes through predictive insights. "
target parent: Battery Ventures
target: ClearCare
ClearCare is the industry leading personal care technology platform. ClearCare's SaaS and mobile platform helps manage all personal care agency business functions, including scheduling, billing, payroll, senior-to-caregiver matching, CRM, HR, reporting, and point-of-care management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2018 via BNC Analysis

CoolCare Ltd, acquired CoolCare Ltd

synopsis: CoolCare's management has acquired the company from the LNT Group, a group of companies that operate in the healthcare, construction, chemical, automotive, and software industry sectors. CoolCare is a care management software provider in the UK. Their software allows users to manage their care home easily and efficiently from anywhere.
buyer parent: LNT Group
buyer: CoolCare Ltd
CoolCare is a care management software provider in the UK. Their software allows users to manage their care home easily and efficiently from anywhere. CoolCare offers a range of user-friendly elements across every area of care home management, consolidating them into one easy to use tool. "
target: CoolCare Ltd
CoolCare is a care management software provider in the UK. Their software allows users to manage their care home easily and efficiently from anywhere. CoolCare offers a range of user-friendly elements across every area of care home management, consolidating them into one easy to use tool.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 6/20/2018 via BNC Analysis

Must Informatique, acquired Hecone

synopsis: Must Informatique is acquiring Hecone, a recognized software solution. Based in France, Hecone provides a software solution for home healthcare providers. Its platform, Qrieu, is a complete management tool for patient files, delivery schedules, stock management & traceability, invoicing & returns and more.
buyer parent: Extens
buyer: Must Informatique
Must Informatique, a French software company, a leader in solutions for home healthcare providers. Founded in 1991, MUST Informatique addresses exhaustively all business needs of the sector, including homecare, respiratory assistance, perfusion and orthopedics. "
target: Hecone
Based in France, Hecone provides a software solution for home healthcare providers. Its platform, Qrieu, is a complete management tool for patient files, delivery schedules, stock management & traceability, invoicing & returns and more.
price ($mm)
rev ($mm)
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closed 7/2/2018 via BusinessWire

Netsmart Technologies, Inc., purchased Home Care and Hospice Solutions from Change Healthcare Corporation

synopsis: Netsmart, a company that develops health information technology, including electronic health records, has completed the acquisition of the home care and hospice solutions of Change Healthcare, formerly known as McKesson Homecare and McKesson Hospice. This includes the Change Healthcare Homecare Advisor™ and Hospice Advisor™ solutions.
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart innovates electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use. Their platform provides accurate, up-to-date information which is easily accessible to care team members in behavioral health, care at home, senior living and social services. "
seller parent: McKesson Corporation
seller: Change Healthcare Corporation
The acquisition includes the home care and hospice solutions of Change Healthcare, formerly known as McKesson Homecare and McKesson Hospice. Homecare Advisor and Hospice Advisor increase clinician satisfaction and efficiency, providing more time to focus on patient care.
price ($mm)
$165
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/29/2017 via BusinessWire

Mediware, acquired Kinnser Software

synopsis: Mediware Information Systems, Inc. (Mediware) announced that it has closed its previously announced acquisition of Kinnser Software (Kinnser), the leading provider of software solutions for home health and hospice providers.
buyer parent: TPG Capital
buyer: Mediware
Since 1980, Mediware has provided software solutions to healthcare providers and has since expanded to serve many state and federal agencies. Mediware’s solutions are perfect for high-growth, complex patient care environments that remain underserved by existing vendors. "
target parent: Insight Venture Partners
target: Kinnser Software
Kinnser Software, Inc. provides web-based solutions that deliver clinical and business results to the home health, hospice, and private duty industries. They serve more than 4,000 home health, hospice, therapy, and private duty home care providers nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 10/27/2016 via Company Press Release

Netsmart Technologies, Inc., acquired HealthMedx

synopsis: Continuing to broaden its scope across the continuum of care, Netsmart announced the acquisition of HealthMEDX, a Missouri-based developer of electronic medical record (EMR) solutions for long-term and post-acute care including: continuing care retirement communities, assisted living, independent living, skilled nursing and home care providers.
buyer parent: Allscripts
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart provides technology and expertise to help health and human services providers deliver effective, outcomes-based services and care to more than 25 million persons nationwide. Netsmart clients include 450,000 users in 20,000 in organizations across all 50 states. "
target parent: Spectrum Equity
target: HealthMedx
HealthMEDX, Inc. designs, deploys, and provides software products and solutions for long-term care, home health, hospice, and rehab organizations and continuing care retirement community.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/4/2013 via Company Press Release

Brightree LLC, acquired CareAnyware

synopsis: Brightree has acquired home health and hospice technology provider CareAnyware. CareAnyware is the pioneer in web-based software solutions for home care and hospice organizations, offering solutions for managing their costs and the delivery of services on a real time basis.
buyer parent: Battery Ventures
buyer: Brightree LLC
Brightree LLC is a provider of business management software solutions for Home Medical Equipment providers, Durable Medical Equipment providers, and Sleep Labs. Brightree’s Internet-based solutions follow the natural workflow of providers to automate and improve how they manage their business. "
target: CareAnyware
CareAnyware offers hospice and home health providers a web-based solution that integrates seamlessly through the customers' billing and front office administration.
price ($mm)
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EV / EBITDA
closed 12/14/2011 via Company Press Release

Spectrum Equity Investors, Trident Capital, Inc., acquired HealthMedx

synopsis: Spectrum Equity Investors and Trident Capital announced they have made an investment in the business of HealthMEDX, Inc, the leading provider of long term and post-acute care technology, via an acquisition of the HealthMEDX, Inc. business. They will own a majority interest in the new company, HealthMEDX, LLC.
buyer: Trident Capital, Inc.
buyer: Spectrum Equity Investors
Spectrum Equity Investors is a private equity firm focused on investing in profitable and innovative businesses with significant opportunities for future growth. Founded in 1994 with offices in Boston and Menlo Park, Spectrum has raised $4.7 billion in capital across six funds. "
target: HealthMedx
HealthMEDX™, a privately owned company based in southwest Missouri, is the leading provider of Web-based information system solutions for the extended care market.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2017 via Company Press Release

Salo Solutions, Inc., acquired Delta Health Technologies, LLC

synopsis: Salo Solutions (Salo), a healthcare-focused IT consultancy and systems integrator, has acquired Delta Health Technologies (Delta), a leading software provider for home health, hospice and private duty agencies. Delta's solutions allows users to efficiently bill claims, easily manage staff and services and effectively evaluate a patient’s progress.
buyer: Salo Solutions, Inc.
Salo Solutions is an IT consultancy and systems integrator with a healthcare focus that delivers business-driven solutions. Their solutions increase efficiencies and empower their clients to gain a competitive advantage. Salo brings skills and solutions acquired by years of home care experience. "
target: Delta Health Technologies, LLC
Delta Health Technologies is a trusted provider of integrated business software solutions for those providing care-at-home. Their easy to use and powerful workflow capabilities allows users to efficiently bill claims, easily manage staff and services and effectively evaluate a patient’s progress.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/18/2018 via BusinessWire

AlayaCare, acquired Canesto Systems Inc.

synopsis: AlayaCare, an award-winning, end-to-end software platform for home and community care, announced the acquisition of Canesto Systems Inc., a leading contact and resource management software provider for home and community care organizations.
buyer: AlayaCare
AlayaCare is an award-winning provider of revolutionary cloud-based home healthcare software. AlayaCare offers a platform for agencies to propel towards innovation and home care of the future. "
target: Canesto Systems Inc.
Canesto Systems Inc. is a leading contact and resource management software provider for home and community care organizations. They are based in Toronto, ON, Canada.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/29/2018 via BusinessWire

ResMed, will acquire HEALTHCAREfirst Inc.

synopsis: ResMed, a global leader in connected healthcare solutions, announced it has entered into a definitive agreement to acquire privately held HEALTHCAREfirst, a provider of software solutions and services for home health and hospice agencies.
buyer: ResMed (RMD:$2,404.82)
ResMed, a world-leading connected health company with more than 5 million cloud-connected devices for daily remote patient monitoring, changes lives with every breath. Its devices and software solutions help treat and manage sleep apnea and other respiratory conditions. "
target parent: Pamlico Capital
target: HEALTHCAREfirst Inc.
HEALTHCAREfirst provides cloud-based technologies and services to improve business and clinical operations for thousands home health and hospice providers across the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 8/6/2014 via Company Press Release

Kinnser Software, acquired ADLware

synopsis: Kinnser Software, Inc. announced that it has acquired ADLware. ADLware is a web-based system that includes family access portals, caregiver scheduling portals, lead generation tools, mobile intake and assessment forms, CRM tools for tracking referrals, system alerts, and scheduling and billing capabilities.
buyer parent: Insight Venture Partners
buyer: Kinnser Software
Kinnser Software, Inc. provides web-based solutions that deliver clinical and business results for the home health, hospice and private duty industries. Kinnser Software serves more than 2,100 home health agencies, therapy companies, hospices, and private duty care providers nationwide. "
target: ADLware
ADLware is a web-based system that includes family access portals, caregiver scheduling portals, lead generation tools, mobile intake and assessment forms, CRM tools for tracking referrals, system alerts, and scheduling and billing capabilities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/30/2013 via Company Press Release

Access UK Ltd., acquired PeoplePlanner Limited

synopsis: SaaS-based workforce management solution PeoplePlanner has been acquired by business software provider, Access Group. With more than 35,000 subscribers, PeoplePlanner has gained a leading position in the care marketplace since its launch in 2006.
buyer parent: Lyceum Capital
buyer: Access UK Ltd.
Access UK Ltd is an award-winning business & accounting software supplier to organisations across the UK and Ireland. With years’ experience, their consultants have the expertise needed to meet the diverse needs of specific sectors and industries as well as enterprise organisations. "
target: PeoplePlanner Limited
PeoplePlanner provides a comprehensive cloud based care (Domiciliary, Home Care, & Nursing Agency) management software system. It enables a framework for best practice in the delivery of high quality, person-centred care, and the functionality to manage every step from recruitment to invoicing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2019 via BNC Analysis

Activa Capital, acquired Medisys SAS

synopsis: Activa Capital, a leading French mid-market private equity firm, has acquired a majority stake in Medisys, a French software publisher that specializes in the home-care field. Medisys offers management, care, mobility, and remote management software that covers various home healthcare needs.
buyer: Activa Capital
Activa Capital is a leading French mid-market private equity firm. Activa Capital manages over €500m of private equity funds on behalf of a wide range of institutional investors. Activa Capital partners with ambitious mid-sized French companies, valued at €20m to €200m. "
target: Medisys SAS
Medisys is a French software publisher that specializes in the home-care field. Medisys offers management, care, mobility, and remote management software that covers various home healthcare needs. Their solutions allow users to monitor their patients in real time, manage health records, and more.
price ($mm)
$56
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/15/2016 via PrimeNewswire

Mindoula Health, Inc., acquired Care At Hand, Inc.

synopsis: Mindoula Health, a technology-enabled case management company at the forefront of the transformation of behavioral healthcare, has acquired San Francisco-based Care at Hand. Care at Hand is the developer of a predictive insights platform that uses smart surveys to identify early medical and psychosocial risk factors for hospitalization.
buyer: Mindoula Health, Inc.
Mindoula Health is a technology-enabled case management company that provides 24/7 virtual and in-person support to individuals and families facing behavioral health challenges. Its proprietary telehealth platform enables its team to deliver market leading behavioral health outcome improvements. "
target: Care At Hand, Inc.
Care at Hand is a digital health company on a mission to ensure people can thrive in their homes and avoid unnecessary stays in hospitals. Care at Hand provides a smart survey platform that identifies early medical and psychosocial risk factors for hospitalization.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 6/26/2019 via PR Newswire

Sansoro Health merged with Datica,

synopsis: Sansoro Health, a company that solves health care IT’s most pressing challenges, has merged with Datica, a company that offers a complete, single platform that mitigates the complexity and risk of using patient data in the cloud, solving integration and compliance challenges created by regulations.
buyer: Datica
Datica offers a complete, single platform that mitigates the complexity and risk of using patient data in the cloud, solving integration and compliance challenges created by regulations. They help customers achieve compliance assurance, and integrate securely with hospitals and EHRs. "
target: Sansoro Health
Sansoro Health solves health care IT’s most pressing challenges: achieving secure, seamless data exchange between electronic health records (EHRs) and leading-edge administrative and clinical applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 5/29/2019 via Company Press Release

CSAM Health AS, will acquire Kibi AB

synopsis: CSAM announced that it has entered into an agreement to acquire KIBI – a medical diagnostics and documentation company. KIBI is one of relatively few in the Nordics that addresses both DICOM and non-DICOM formats, with full integration of all medical imaging components with various electronic patient record (EPR) systems.
buyer: CSAM Health AS
CSAM is a leading Nordic niche player in the specialised eHealth market with a unique blend of best-in-class innovative technology, and outstanding human skills. Their diverse portfolio of software solutions enables healthcare providers to access relevant clinical information at the point of care. "
target: Kibi AB
KIBI is an eHealth solutions leader within medical documentation, ECG and medical imaging. They are one of a few in the Nordics that addresses both DICOM (Digital Imaging and Communications in Medicine) and non-DICOM formats. More than 100 Nordic hospitals and healthcare centres use their solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/23/2019 via BNC Analysis

WELL Health Technologies Corp., will acquire OSCARprn

synopsis: WELL Health Technologies Corp., a company that operates Primary Healthcare Facilities as well as an EMR business, will be acquiring OSCARprn, a trusted provider of EMR software, support and other services that work with OSCAR, an open source EMR platform.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$6.70)
WELL Health Technologies Corp. is a company that operates Primary Healthcare Facilities as well as an EMR business that supports the digitization of such clinics. WELL's objective is to empower doctors to provide the best advanced care possible leveraging the latest trends in digital health. "
target: OSCARprn
OSCARprn is a trusted provider of EMR software, support and other services that work with OSCAR, an open source EMR platform developed by McMaster University in Hamilton, Ontario. OSCARprn is one of only three Chartered OSCAR providers in the province of British Columbia.
price ($mm)
$0.65
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/30/2019 via BusinessWire

Hu-manity.co, acquired Betterpath Inc.

synopsis: Hu-manity.co, the company bringing individuals and corporations into a consumer-inclusive data economy, announced the acquisition of Betterpath, a Brooklyn, New York company with unique technologies that works on behalf of patients to search, find, and improve healthcare data that is currently difficult to access.
buyer: Hu-manity.co
Hu-manity.co is the company bringing individuals and corporations into a consumer-inclusive data economy. Hu-manity.co is the world’s first and only organization developing Human Rights and corollary sovereign laws in a decentralized manner on blockchains. "
target: Betterpath Inc.
Betterpath is a Brooklyn, New York company with unique technologies that works on behalf of patients to search, find, and improve healthcare data that is currently difficult to access.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/19/2017 via BusinessWire

Netsmart Technologies, Inc., acquired Devero

synopsis: Netsmart announced it has acquired DeVero, a healthcare technology company that specializes in home healthcare and hospice. DeVero provides powerful and user-friendly SaaS solutions for point of care, EMR, scheduling, and billing.
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart is an innovative healthcare technology provider that provides electronic health records (EHRs), health information exchange, data analytics, mobile clinical and consumer engagement solutions for behavioral health, social services and post-acute communities. "
target: Devero
DeVero is one of the fastest-growing SaaS solutions in home care, serving over 57,000 users at 540 organizations with a focus on home health, hospice, and other care-at-home services. It provides powerful and user-friendly solutions for point of care, EMR, scheduling, and billing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/29/2019 via Company Press Release

Netsmart Technologies, Inc., acquired McBee Associates, Inc.

synopsis: Healthcare IT provider Netsmart announced it has acquired Pennsylvania-based healthcare consulting firm, McBee. McBee’s industry-leading healthcare professional services will provide community and acute care organizations with nearly a century of advisory and technology experience under one roof.
buyer parent: GI Partners
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart designs, builds and delivers electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use.Their platform provides accurate, up-to-date information that is easily accessible to care team members in behavioral health. "
target parent: Century Equity Partners
target: McBee Associates, Inc.
McBee is the nation’s premier health care services and consulting firm that delivers financial, operational, and clinical consulting services exclusively to healthcare providers across the continuum of care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/10/2018 via PE Hub

GI Partners, TA Associates, acquired Netsmart Technologies, Inc.

synopsis: GI Partners and TA Associates have acquired a stake in Netsmart Technologies Inc. As a result of this transaction, GI Partners, which originally invested in Netsmart in April 2016, is now a majority owner. Netsmart develops electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use.
buyer: TA Associates
buyer: GI Partners
GI Partners is a private investment firm based in San Francisco. TA Associates is one of the largest and most experienced global growth private equity firms. "
target parent: Allscripts
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart develops electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use. Its platform provides accurate, up-to-date information which is easily accessible to care team members in behavioral health, care at home, senior living and social services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/2/2018 via BusinessWire

Netsmart Technologies, Inc., purchased Home Care and Hospice Solutions from Change Healthcare Corporation

synopsis: Netsmart, a company that develops health information technology, including electronic health records, has completed the acquisition of the home care and hospice solutions of Change Healthcare, formerly known as McKesson Homecare and McKesson Hospice. This includes the Change Healthcare Homecare Advisor™ and Hospice Advisor™ solutions.
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart innovates electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use. Their platform provides accurate, up-to-date information which is easily accessible to care team members in behavioral health, care at home, senior living and social services. "
seller parent: McKesson Corporation
seller: Change Healthcare Corporation
The acquisition includes the home care and hospice solutions of Change Healthcare, formerly known as McKesson Homecare and McKesson Hospice. Homecare Advisor and Hospice Advisor increase clinician satisfaction and efficiency, providing more time to focus on patient care.
price ($mm)
$165
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/1/2018 via BusinessWire

Netsmart Technologies, Inc., acquired HomeCare Accounting Solutions LLC

synopsis: Netsmart, an innovative healthcare technology provider, has acquired HomeCare Accounting Solutions, a cloud-based software company that automates back-office and clinical field operations of home care agencies such as home health, hospice, palliative care and private duty.
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart is an innovative healthcare technology provider that provides electronic health records (EHRs), health information exchange, data analytics, mobile clinical and consumer engagement solutions for behavioral health, social services and post-acute communities. "
target: HomeCare Accounting Solutions LLC
HomeCare Accounting Solutions is a cloud-based software company that automates back-office and clinical field operations of home care agencies such as home health, hospice, palliative care and private duty. Their software enables home health agencies to increase their efficiency and productivity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/19/2017 via BusinessWire

Netsmart Technologies, Inc., acquired Devero

synopsis: Netsmart announced it has acquired DeVero, a healthcare technology company that specializes in home healthcare and hospice. DeVero provides powerful and user-friendly SaaS solutions for point of care, EMR, scheduling, and billing.
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart is an innovative healthcare technology provider that provides electronic health records (EHRs), health information exchange, data analytics, mobile clinical and consumer engagement solutions for behavioral health, social services and post-acute communities. "
target: Devero
DeVero is one of the fastest-growing SaaS solutions in home care, serving over 57,000 users at 540 organizations with a focus on home health, hospice, and other care-at-home services. It provides powerful and user-friendly solutions for point of care, EMR, scheduling, and billing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/27/2016 via Company Press Release

Netsmart Technologies, Inc., acquired HealthMedx

synopsis: Continuing to broaden its scope across the continuum of care, Netsmart announced the acquisition of HealthMEDX, a Missouri-based developer of electronic medical record (EMR) solutions for long-term and post-acute care including: continuing care retirement communities, assisted living, independent living, skilled nursing and home care providers.
buyer parent: Allscripts
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart provides technology and expertise to help health and human services providers deliver effective, outcomes-based services and care to more than 25 million persons nationwide. Netsmart clients include 450,000 users in 20,000 in organizations across all 50 states. "
target parent: Spectrum Equity
target: HealthMedx
HealthMEDX, Inc. designs, deploys, and provides software products and solutions for long-term care, home health, hospice, and rehab organizations and continuing care retirement community.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2016 via PR Newswire

Allscripts, GI Partners, acquired Netsmart Technologies, Inc.

synopsis: GI Partners ("GI"), a leading middle market private equity firm, announced that it has completed the joint venture acquisition of Netsmart Technologies, Inc. ("Netsmart"). GI Partners acquired Netsmart in partnership with Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX).
buyer: Allscripts (MDRX:$1,748.29)
buyer: GI Partners
GI Partners is a leading middle market private equity firm based in San Francisco. The firm currently manages over $12 billion in capital commitments through private equity and real estate strategies for recognized institutional investors across the globe. "
target parent: Genstar Capital LLC
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart provides technology and expertise to help health and human services providers deliver effective, outcomes-based services and care to more than 25 million persons nationwide. Netsmart clients include 450,000 users in 20,000 in organizations across all 50 states.
price ($mm)
$950
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/22/2015 via BusinessWire

Netsmart Technologies, Inc., acquired Lavender & Wyatt Systems

synopsis: Netsmart Technologies, the leading provider of post-acute electronic health records (EHR) and technology for health and human services providers, announced its acquisition of Lavender & Wyatt Systems, Inc., a privately-held provider of EHRs and related services for behavioral health provider organizations.
buyer parent: Genstar Capital LLC
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart is healthcare’s largest post-acute EHR provider, and is committed to helping health and human services providers deliver coordinated, integrated, outcomes-based services and care. "
target: Lavender & Wyatt Systems
Lavender & Wyatt Systems, Inc. provides enterprise behavioral health electronic medical records software and technology solutions helping mental health providers drive new efficiencies resulting in improved client care and increased revenue.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 9/8/2015 via BusinessWire

Netsmart Technologies, Inc., acquired Trend Consulting Services

synopsis: Netsmart Technologies announced that it has acquired Trend Consulting Services. Trend, based in Solon, Ohio, provides comprehensive information technology (IT) outsourcing and infrastructure support services. Trend was established in 1978 and has a long, successful history serving clients across a number of market sectors.
buyer parent: Genstar Capital LLC
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies is an established, leading supplier of enterprise software and software as a service (SaaS) solutions for health and human services providers. More than 20,000 customer organizations use Netsmart products to help improve the quality of life for millions of people each year. "
target: Trend Consulting Services
Trend, based in Solon, Ohio, provides comprehensive information technology (IT) outsourcing and infrastructure support services. Trend was established in 1978 and has a long, successful history serving clients across a number of market sectors.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 1/3/2013 via Company Press Release

Netsmart Technologies, Inc., acquired Defran Systems, Inc.

synopsis: Netsmart, the leading provider of clinical solutions for health and human services organizations nationwide, announced it has acquired Defran Systems, a New York City-based developer of case, clinical and financial management software. Defran serves clients nationwide who operate a wide spectrum of human and social service programs.
buyer parent: Genstar Capital LLC
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart helps health and human services organizations transform care through the collaborative, coordinated management and exchange of clinical data across the care spectrum and through effective practice management that improves revenue cycle management. "
target: Defran Systems, Inc.
Defran Systems is a leading developer of Electronic Medical/Health Record (EMR/EHR) software for the Human and Social Services Industries - Behavioral Health, Mental Health, Foster Care, Child Welfare, Substance Abuse and other specialized programs.
price ($mm)
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EV / EBITDA
closed 10/7/2011 via PR Newswire

Netsmart Technologies, Inc., acquired Sequest Technologies Inc.

synopsis: Netsmart, the leading provider of clinical solutions for health and human services organizations nationwide, has acquired Sequest Technologies, Inc. Sequest provides the TIER® (Totally Integrated Electronic Record) family of clinical and practice management solutions, which will continue to be developed and supported as a Netsmart solution.
buyer parent: Genstar Capital LLC
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies helps health and human services organizations transform care through the collaborative, coordinated management and exchange of clinical data across the care spectrum and through effective practice management that improves revenue cycle management. "
target: Sequest Technologies Inc.
Sequest is a software and services company focused on helping healthcare providers elevate patient care, while at the same time maximizing profitability. Sequest provides the TIER® (Totally Integrated Electronic Record) family of clinical and practice management solutions.
price ($mm)
rev ($mm)
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EV / EBITDA
closed 6/23/2010 via PR Newswire

Genstar Capital LLC, acquired Netsmart Technologies, Inc.

synopsis: Genstar Capital, LLC, a private equity firm that focuses on investments in selected segments of the software, healthcare, financial services, and industrial technology industries, announced a majority investment in Netsmart Technologies, Inc.
buyer: Genstar Capital LLC
Genstar Capital is a leading private equity firm investing in high quality middle-market companies. Genstar works in partnership with its management teams and its network of operating talent and strategic advisors to transform its portfolio companies into industry-leading businesses. "
target parent: Bessemer Venture Partners
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies provides on demand and traditional software solutions to automate key financial, clinical and management processes for individual private practices, small group providers, counties and more than 35 state systems, to help them improve the quality of life for consumers.
price ($mm)
rev ($mm)
$75
EBITDA ($mm)
$10
EV / rev
0.0x
EV / EBITDA
0.0x
closed 7/15/2009 via PR Newswire

Netsmart Technologies, Inc., acquired Crown Software, Inc.

synopsis: Netsmart Technologies, Inc., a leading provider of software and services for health and human services organizations, announced the acquisition of Crown Software, Inc., a pharmacy management software company based in Killeen, Texas. Terms of the agreement were not disclosed.
buyer parent: Bessemer Venture Partners
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year. "
target: Crown Software, Inc.
Crown Software, Inc. are the developers of pharmacy management software, RxLink for Windows and RxLink Browser.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/29/2008 via Company Press Release

Netsmart Technologies, Inc., acquired Therapist Helper

synopsis: Netsmart Technologies, Inc., a provider of enterprise-wide software and services for health and human services organizations, acquired the Therapist Helper product suite and operations from Nightingale VantageMed Corporation, a subsidiary of Nightingale Informatix Corporation, provider of electronic medical record software and related services.
buyer parent: Bessemer Venture Partners
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year. "
target parent: Nightingale Informatix Corporation
target: Therapist Helper
Therapist Helper is dedicated to providing practice management, clinical and claims processing solutions to individual and small group private practices. More than 17,000 psychiatrists, psychologists, counselors, therapists and social workers use the KLAS Award-winning Therapist Helper.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2007 via PR Newswire

Netsmart Technologies, Inc., purchased behavioral health assets from MainTree Systems

synopsis: Netsmart Technologies, Inc., a leading provider of enterprise-wide software and services for health and human services organizations, today announced that it has acquired the behavioral health assets of MainTree Systems. Terms of the agreement were not disclosed.
buyer parent: Bessemer Venture Partners
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year. "
seller: MainTree Systems
MainTree Systems is a privately owned Internet and software development company based in Johnson City, TN. We are currently developing several products and services to help people in the Information Age. We are also doing web projects for several different companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/10/2007 via

Bessemer Venture Partners, Insight Venture Partners, acquired Netsmart Technologies, Inc.

synopsis: Netsmart Technologies, Inc. a leading provider of enterprise-wide software for health and human services organizations, has entered into a definitive agreement for Netsmart to be acquired by Insight Venture Partners and Bessemer Venture Partners. Members of the Netsmart executive management team will participate in the ownership of the company.
buyer: Bessemer Venture Partners
buyer: Insight Venture Partners
Bessemer Venture Partners is a private venture capital firm that carries on one of the longest-standing venture capital activities in the country. "
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year.
price ($mm)
$109
rev ($mm)
$58
EBITDA ($mm)
$9
EV / rev
1.9x
EV / EBITDA
12.0x
closed 8/2/2006 via PR Newswire

Netsmart Technologies, Inc., acquired QS Technologies, Inc.

synopsis: Netsmart Technologies, Inc., a leading provider of enterprise-wide software for health and human services organizations, has acquired the business of Greenville, S.C.-based QS Technologies, Inc. from Intelligent Systems Corporation.
buyer parent: Bessemer Venture Partners
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year. "
target parent: Intelligent Systems Corporation
target: QS Technologies, Inc.
QS Technologies, founded in 1979 and acquired by Intelligent Systems in 1997, delivers enterprise-wide public health solutions and vital records software to 70 public health agencies, including nine states.
price ($mm)
$6.59
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/29/2005 via PR Newswire

Netsmart Technologies, Inc., acquired CMHC Systems

synopsis: Netsmart Technologies, Inc., a leading supplier of enterprise-wide software solutions for health and human services providers through its wholly-owned subsidiary, Creative Socio-Medics Corp., today announced the successful closing of its acquisition of CMHC Systems, Inc., Dublin, Ohio.
buyer parent: Bessemer Venture Partners
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year. "
target: CMHC Systems
CMHC Systems delivers full suites of behavioral healthcare information management software for both the UNIX and Windows platforms. Each one manages the critical information and processes your agency depends on, and delivers it in the way that best meets your unique needs.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/19/2017 via BusinessWire

Netsmart Technologies, Inc., acquired Devero

synopsis: Netsmart announced it has acquired DeVero, a healthcare technology company that specializes in home healthcare and hospice. DeVero provides powerful and user-friendly SaaS solutions for point of care, EMR, scheduling, and billing.
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart is an innovative healthcare technology provider that provides electronic health records (EHRs), health information exchange, data analytics, mobile clinical and consumer engagement solutions for behavioral health, social services and post-acute communities. "
target: Devero
DeVero is one of the fastest-growing SaaS solutions in home care, serving over 57,000 users at 540 organizations with a focus on home health, hospice, and other care-at-home services. It provides powerful and user-friendly solutions for point of care, EMR, scheduling, and billing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/23/2019 via BusinessWire

NextGen Healthcare, Inc., acquired Topaz Information Solutions

synopsis: NextGen Healthcare, Inc., a leading provider of ambulatory-focused technology solutions, has acquired Topaz Information Solutions, a healthcare solutions company. Topaz offers solutions for electronic health record, enterprise practice management, mobile patient engagement, and more.
buyer: NextGen Healthcare, Inc. (:$531.77)
NextGen Healthcare helps ambulatory care organizations transition to value-based care by empowering them to nurture measurably healthier patient communities at lower cost. Their solutions help ease the burdens of HIT & enable practices to improve individual outcomes & nurture a healthier population."
target: Topaz Information Solutions
Topaz Information Solutions is a healthcare solutions company dedicated to meeting the needs of behavioral health and social services organizations. Topaz Information Solutions offers solutions for electronic health record, enterprise practice management, mobile patient engagement, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/20/2019 via PR Newswire

Warburg Pincus, acquired Qualifacts Systems Inc.

synopsis: Qualifacts, one of the largest Software-as-a-Service (SaaS) electronic health record providers (EHR) for behavioral health and human service organizations, announced that Warburg Pincus, a leading global private equity firm focused on growth investing, has acquired the company from the previous investor, Great Hill Partners.
buyer: Warburg Pincus
Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The Firm has more than $65 billion in private equity assets under management. The Firm's active portfolio of more than 185 companies is highly diversified by stage, sector and geography. "
target parent: Great Hill Partners LLC
target: Qualifacts Systems Inc.
Qualifacts is one of the most trusted technology providers of Electronic Health Records (EHR) for behavioral health and human services organizations. As a strategic partner, Qualifacts and its EHR platform, CareLogic, helps customers focus on client care by optimizing efficiency and productivity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/10/2018 via PE Hub

GI Partners, TA Associates, acquired Netsmart Technologies, Inc.

synopsis: GI Partners and TA Associates have acquired a stake in Netsmart Technologies Inc. As a result of this transaction, GI Partners, which originally invested in Netsmart in April 2016, is now a majority owner. Netsmart develops electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use.
buyer: TA Associates
buyer: GI Partners
GI Partners is a private investment firm based in San Francisco. TA Associates is one of the largest and most experienced global growth private equity firms. "
target parent: Allscripts
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart develops electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use. Its platform provides accurate, up-to-date information which is easily accessible to care team members in behavioral health, care at home, senior living and social services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/26/2016 via Company Press Release

Harris Healthcare, acquired CoCENTRIX

synopsis: Harris’ Healthcare Group announced that it has completed the acquisition of the assets of CoCENTRIX, provider of electronic health record, practice management, and case management solutions that facilitate the collaboration and coordination of care and services across health and human services, education, and other community services providers.
buyer parent: Constellation Software, Inc.
buyer: Harris Healthcare
Harris Healthcare focuses on bringing together the best healthcare software and making it available and interoperable under one umbrella. Harris Healthcare provides flexible solutions that improve the safety, quality, and efficiency of patient care. "
target: CoCENTRIX
CoCENTRIX is a behavioral health software company that provides innovative solutions to connect, collaborate and coordinate care and services across and amongst Health and Human Services, Education, Justice & Public Safety, Community Service Providers and the Consumers in which they serve.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2016 via PR Newswire

Allscripts, GI Partners, acquired Netsmart Technologies, Inc.

synopsis: GI Partners ("GI"), a leading middle market private equity firm, announced that it has completed the joint venture acquisition of Netsmart Technologies, Inc. ("Netsmart"). GI Partners acquired Netsmart in partnership with Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX).
buyer: Allscripts (MDRX:$1,748.29)
buyer: GI Partners
GI Partners is a leading middle market private equity firm based in San Francisco. The firm currently manages over $12 billion in capital commitments through private equity and real estate strategies for recognized institutional investors across the globe. "
target parent: Genstar Capital LLC
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart provides technology and expertise to help health and human services providers deliver effective, outcomes-based services and care to more than 25 million persons nationwide. Netsmart clients include 450,000 users in 20,000 in organizations across all 50 states.
price ($mm)
$950
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/22/2015 via BusinessWire

Netsmart Technologies, Inc., acquired Lavender & Wyatt Systems

synopsis: Netsmart Technologies, the leading provider of post-acute electronic health records (EHR) and technology for health and human services providers, announced its acquisition of Lavender & Wyatt Systems, Inc., a privately-held provider of EHRs and related services for behavioral health provider organizations.
buyer parent: Genstar Capital LLC
buyer: Netsmart Technologies, Inc. (:$59.05)
Netsmart is healthcare’s largest post-acute EHR provider, and is committed to helping health and human services providers deliver coordinated, integrated, outcomes-based services and care. "
target: Lavender & Wyatt Systems
Lavender & Wyatt Systems, Inc. provides enterprise behavioral health electronic medical records software and technology solutions helping mental health providers drive new efficiencies resulting in improved client care and increased revenue.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/27/2015 via PR Newswire

Sanomedics, acquired Zen Charts

synopsis: Sanomedics, Inc. announced that it has expanded into the fast growing behavioral health sector with the strategic acquisition of Zen Charts. Zen Charts is a developmental stage, Software as a Services provider, specialized in Electronic Health Records focused on addiction treatment service and care centers.
buyer: Sanomedics (OTCPK:SIMH:$0.72)
Sanomedics, Inc. is a medical technology company focused on developing and manufacturing cutting-edge technology, products and services. The Company operates mainly through its subsidiary, Thermomedics, which is dedicated to engineering and marketing the Caregiver TouchFree Infrared thermometer. "
target: Zen Charts
ZenCharts is software as a service for behavioral health professionals. As a cloud based service, there is no software to install and your account is accessible from anywhere in the world.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/13/2015 via BusinessWire

Mediware, acquired AlphaCM

synopsis: Mediware Information Systems, Inc. announced that it has acquired AlphaCM, Inc., a provider of software and related services to the behavioral and mental health industry. AlphaCM’s solutions help both managed care organizations (MCOs) and providers run more efficiently, manage billing and collections and provide higher quality care.
buyer parent: Thoma Bravo, LLC
buyer: Mediware
Since 1980, Mediware has provided software solutions to healthcare providers and has since expanded to serve many state and federal agencies. Mediware’s solutions are perfect for high-growth, complex patient care environments that remain underserved by existing vendors. "
target: AlphaCM
Founded in 2005, the AlphaCM team develops software solutions for the mental health, developmentally disabled and substance abuse sectors to meet state and federal requirements. The AlphaCM products address the behavioral health sector from both sides – provider and payer.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/30/2014 via PE Hub

Great Hill Partners LLC, acquired Qualifacts Systems Inc.

synopsis: Great Hill Partners has acquired a majority stake in Qualifacts Systems. Qualifacts is a cloud-based provider of EHR and billing systems for behavioral health and human services providers. The company’s web-based, certified Complete EHR, CareLogic Enterprise, improves clinical workflow, revenue-cycle management and operational transparency.
buyer: Great Hill Partners LLC
Great Hill Partners is a private equity firm that manages more than $2.7 billion in capital to finance the expansion, recapitalization or acquisition of growth companies in a wide range of sectors within the business and consumer services, media, communications and software industries. "
target: Qualifacts Systems Inc.
Qualifacts provides enterprise electronic medical record, scheduling, billing and reporting systems for providers of behavioral health services across the United States. They use a Software as a Service delivery model to ensure fast implementations, low total cost and a user friendly experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/20/2013 via BNC Analysis

Qualifacts Systems Inc., purchased Behavioral Health Business from Mitchell and McCormick, Inc.

synopsis: Qualifacts Systems, Inc., announced that the company has acquired Mitchell & McCormick’s behavioral health line of business. Mitchell & McCormick’s behavioral health customers will transition to Qualifacts’ certified complete electronic health record CareLogic Enterprise over the next few months.
buyer: Qualifacts Systems Inc.
Qualifacts provides enterprise electronic medical record, scheduling, billing and reporting systems for providers of behavioral health services across the United States. They use a Software as a Service delivery model to ensure fast implementations, low total cost and a user friendly experience. "
seller: Mitchell and McCormick, Inc.
Mitchell & McCormick, Inc., is the leading provider of software and solutions to public health and behavioral health agencies. Visual HeathNet, Mitchell and McCormick’s software brand, is a fully integrated modern Web Based application suite built using non-proprietary toolsets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2013 via PE Hub

ECM Equity Capital Management GmbH, acquired MediFox Group

synopsis: ECM Equity Capital Management GmBH acquired the Medifox Group, comprised of MediFox, a provider of specialised software solutions for ambulatory nursing care service providers in Germany; BFS Abrechnungs GmbH an invoicing and factoring service provider; CareNavigator GmbH, a specialised web portal for the exchange of health data among providers.
buyer: ECM Equity Capital Management GmbH
ECM Equity Capital Management GmbH is a private equity firm specializing in management buyouts, management buy-ins, growth capital, spin offs, turnarounds, PIPEs, and pre-IPO financing to medium sized companies. It invests in middle market and mature companies. "
target: MediFox Group
MediFox GmBH is comprised of MediFox, a provider of specialised software for ambulatory nursing care service providers in Germany; BFS Abrechnungs GmBH, an invoicing and factoring service provider; and CareNavigator. a specialised web portal for the exchange of health data among providers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2010 via PR Newswire

Genstar Capital LLC, acquired Netsmart Technologies, Inc.

synopsis: Genstar Capital, LLC, a private equity firm that focuses on investments in selected segments of the software, healthcare, financial services, and industrial technology industries, announced a majority investment in Netsmart Technologies, Inc.
buyer: Genstar Capital LLC
Genstar Capital is a leading private equity firm investing in high quality middle-market companies. Genstar works in partnership with its management teams and its network of operating talent and strategic advisors to transform its portfolio companies into industry-leading businesses. "
target parent: Bessemer Venture Partners
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies provides on demand and traditional software solutions to automate key financial, clinical and management processes for individual private practices, small group providers, counties and more than 35 state systems, to help them improve the quality of life for consumers.
price ($mm)
rev ($mm)
$75
EBITDA ($mm)
$10
EV / rev
0.0x
EV / EBITDA
0.0x
closed 4/10/2007 via

Bessemer Venture Partners, Insight Venture Partners, acquired Netsmart Technologies, Inc.

synopsis: Netsmart Technologies, Inc. a leading provider of enterprise-wide software for health and human services organizations, has entered into a definitive agreement for Netsmart to be acquired by Insight Venture Partners and Bessemer Venture Partners. Members of the Netsmart executive management team will participate in the ownership of the company.
buyer: Bessemer Venture Partners
buyer: Insight Venture Partners
Bessemer Venture Partners is a private venture capital firm that carries on one of the longest-standing venture capital activities in the country. "
target: Netsmart Technologies, Inc. (:$59.05)
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year.
price ($mm)
$109
rev ($mm)
$58
EBITDA ($mm)
$9
EV / rev
1.9x
EV / EBITDA
12.0x
closed 1/9/2012 via BusinessWire

Ascend Learning, acquired E*Value

synopsis: Ascend Learning, a leading provider of technology-based educational solutions for healthcare and other vocational industries, has acquired Advanced Informatics, a software company helping healthcare education programs more efficiently manage the clinical education experience of their students through its E*Value solutions.
buyer parent: Providence Equity Partners Inc.
buyer: Ascend Learning
Ascend Learning is a leading provider of technology-based educational, curriculum and assessment solutions for healthcare and other vocational industries, and specializes in delivering higher-performance results for students and professionals. "
target: E*Value
Advanced Informatics is a software company helping healthcare education programs more efficiently manage the clinical education experience of their students. Through its E*Value® software, the company helps its clients manage class schedules, evaluations, outcomes measurement, etc.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/13/2012 via PR Newswire

Epazz, Inc., acquired CMHCi

synopsis: Epazz, Inc., a leading provider of cloud based business software solutions, announced that it has acquired MS Health, a New Jersey based company. MS Health, mental health software, is a cloud based solution for Behavioral healthcare, mental health, and social services providers nationwide.
buyer: Epazz, Inc. (OTCPK:EPAZ:$1.35)
Epazz, Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. "
target: CMHCi
CMHCi is an enterprise wide solution that includes the tools to effectively provide, manage, bill, and track behavioral healthcare and social services. With CMHCi, organizations will realize the benefits of increased efficiency, accountability, and productivity.
price ($mm)
$0.50
rev ($mm)
$0
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
closed 10/29/2008 via PR Newswire

Oracle Corporation, acquired RuleBurst

synopsis: Oracle announced it has agreed to acquire RuleBurst Holdings Limited, the parent company of Haley Limited, a leading provider of policy modeling and automation software, to create an end-to-end solution for social services agencies.
buyer: Oracle Corporation (ORCL:$39,531.00)
Oracle is the world's largest enterprise software company. The company is a leading provider of systems software, including database management, application development, and application server software. "
target: RuleBurst
RuleBurst provides a comprehensive suite of software to prevent, detect and cure breaches in compliance with legislation, policy and business rules. Since 1989 RuleBurst has enabled organizations to accurately and consistently administer their policy and business rules.
price ($mm)
$155
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/20/2011 via PR Newswire

IBM, acquired Cúram Software Ltd.

synopsis: IBM announced that it has completed its acquisition of Curam Software Ltd. The company expands IBM's ability to help cities and governments serve citizens better by adopting more intelligent and efficient ways to assess needs, execute social programs, and maximize program results.
buyer: IBM (IBM:$79,591.00)
IBM is the world's largest information technology company. Drawing on resources from across IBM and key IBM Business Partners, IBM offers a wide range of services, solutions and technologies that enable customers, large and small, to take full advantage of the new era of on demand business. "
target: Cúram Software Ltd.
Curam Software is the leading provider of social program software solutions, delivering best-in-class solutions for social enterprises globally including, health and human services, workforce services, and social security organizations.
price ($mm)
rev ($mm)
$80
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 7/9/2014 via BusinessWire

Vista Equity Partners, acquired Social Solutions, Inc.

synopsis: Frontier Capital is pleased to announce that its portfolio company, Social Solutions, the leading provider of SaaS performance management software for human and social services, has entered into an agreement to be acquired by Vista Equity Partners, a U.S.-based private equity firm.
buyer: Vista Equity Partners
Vista Equity Partners, a U.S.-based private equity firm with offices in San Francisco, Chicago and Austin, currently invests approximately $11.5 billion in cumulative capital commitments in dynamic, successful technology-based organizations led by world-class management teams. "
target parent: Frontier Capital
target: Social Solutions, Inc.
Social Solutions' ETO (Efforts to Outcomes) performance management software, tailored to the unique mission of each nonprofit, gives organizations a clear picture of which efforts are having the greatest impact on the social issues they strive to address.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/10/2014 via Company Press Release

Allscripts, acquired Oasis Medical Solutions

synopsis: Allscripts announced the acquisition of Oasis Medical Solutions Limited, a London-based Patient Administration System (PAS) and health informatics solution provider. The Oasis PAS system, developed over 18 years in partnership with numerous NHS trusts, provides flexible, efficient and scalable administrative workflow across all venues of care.
buyer: Allscripts (MDRX:$1,748.29)
Allscripts is the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare. The company's unique solutions inform, connect and transform healthcare, delivering improved care at lower cost. "
target: Oasis Medical Solutions
Oasis Medical Solutions Limited is a London-based Patient Administration System (PAS) and health informatics solution provider. The Oasis™ PAS system provides flexible, efficient and scalable administrative workflow across all venues of care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like Devero


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Devero

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Lavender & Wyatt Systems

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MediFox Group

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E*Value

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RuleBurst

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rev ($mm)
$449.36
EBITDA ($mm)
$75.91
EBIT ($mm)
$27.16
Net Income ($mm)
$34.82
Employees
2119
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Ticker: ZMD
 
 
 
 
 
 
 
 
ZoomMed Inc.
ZoomMed Inc.
Zoommed Inc. develops and markets various computer applications for healthcare professionals in Canada. The company builds and operates the ZoomMed Communication Network, a clinical interoperable information exchange network between physicians and various other stakeholders of the healthcare sector.
year
2014
rev ($mm)
$6.08
EBITDA ($mm)
$2.65
EBIT ($mm)
$2.78
Net Income ($mm)
Employees
40
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Ticker: EVH
 
 
 
 
 
 
 
 
Evolent Health
Evolent Health
Evolent partners with leading health systems to drive value-based care transformation. By providing clinical, analytical and financial capabilities, Evolent helps physicians and health systems achieve superior quality and cost results.
year
2016
rev ($mm)
$212.24
EBITDA ($mm)
($39.30)
EBIT ($mm)
($52.25)
Net Income ($mm)
Employees
946
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Ticker: TRHC
 
 
 
 
 
 
 
 
Tabula Rasa Healthcare
Tabula Rasa Healthcare
Tabula Rasa HealthCare (TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk.
year
2018
rev ($mm)
$204.27
EBITDA ($mm)
$16.27
EBIT ($mm)
$1.63
Net Income ($mm)
Employees
952
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Ticker: TSXV:BIO
 
 
 
 
 
 
 
 
AioCare
AioCare
AioCare, formerly known as Biosign Technologies, develops and sells cloud-based healthcare software products that address the needs in clinic management, home care operations, health monitoring and virtual care management. Their cutting edge technology is transforming Healthcare delivery in Germany.
year
2015
rev ($mm)
$0.38
EBITDA ($mm)
($3.04)
EBIT ($mm)
($3.43)
Net Income ($mm)
$1.21
Employees
16
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Ticker: TSXV:MSD
 
 
 
 
 
 
 
 
Moseda Technologies, Inc.
Moseda Technologies, Inc.
Moseda Technologies is a software developer of secure mobile health and telemedicine solutions for the healthcare sector. Their SmartCare solution integrates the latest in mobile, wearables and SaaS technology to provide increased levels of efficiency and reduction in redundant administrative tasks.
year
2015
rev ($mm)
$0.02
EBITDA ($mm)
($1.86)
EBIT ($mm)
($1.86)
Net Income ($mm)
Employees
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Ticker: HNTN.OB
 
 
 
 
 
 
 
 
H-NET.NET, Inc.
H-NET.NET, Inc. is the global leader in providing B2B e-commerce services to the visioncare industry. The company is positioned to become the central hub and provide a one-stop multi-service Internet portal and Internet-based transaction processing services. The company has also expanded into the g
year
2002
rev ($mm)
$1.40
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
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Ticker: CPSI
 
 
 
 
 
 
 
 
CPSI
CPSI
CPSI is a leading provider of healthcare solutions and services for community hospitals, their clinics and post-acute care facilities. Founded in 1979, CPSI is the parent of three companies – Evident, LLC, American HealthTech, Inc. and TruBridge, LLC.
year
2018
rev ($mm)
$280.41
EBITDA ($mm)
$34.15
EBIT ($mm)
$24.88
Net Income ($mm)
$17.63
Employees
2000
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Ticker: TSXV:NGH
 
 
 
 
 
 
 
 
Nightingale Informatix Corporation
Nightingale Informatix Corporation
For more than a decade, Nightingale has been delivering innovative cloud-based Electronic Health Record and Practice Management solutions to healthcare organizations across the United States and Canada. They create software that is truly intuitive—minimizing training and maximizing adoption.
year
2015
rev ($mm)
$9.64
EBITDA ($mm)
($1.47)
EBIT ($mm)
($2.00)
Net Income ($mm)
$1.47
Employees
120
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Ticker: HAXS
 
 
 
 
 
 
 
 
Healthaxis, Inc.
Healthaxis, Inc.
HealthAxis Group is simultaneously the most experienced and modern SaaS-based supplier of benefit platform systems. The comprehensive suite offered by HealthAxis helps organizations address compliance, increase administrative efficiency, lower cost, and improve quality.
year
2007
rev ($mm)
$16.03
EBITDA ($mm)
$0.27
EBIT ($mm)
($0.86)
Net Income ($mm)
Employees
73
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Ticker: MDRX
 
 
 
 
 
 
 
 
Allscripts
Allscripts
Allscripts is the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare. The company's unique solutions inform, connect and transform healthcare, delivering improved care at lower cost.
year
2019
rev ($mm)
$1,748.29
EBITDA ($mm)
$79.11
EBIT ($mm)
($10.28)
Net Income ($mm)
$396.06
Employees
9500
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Ticker: DB:COP
 
 
 
 
 
 
 
 
CompuGroup Medical AG
CompuGroup Medical AG
CompuGroup Medical is a leading global eHealth provider. Their software and communications solutions assist doctors, dentists, hospitals, pharmacists, associations, networks and other service providers with workflow, diagnosis and therapy.
year
2018
rev ($mm)
$830.72
EBITDA ($mm)
$205.39
EBIT ($mm)
$158.54
Net Income ($mm)
$97.39
Employees
4572
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Ticker: QSII
 
 
 
 
 
 
 
 
Quality Systems, Inc.
Quality Systems, Inc.
Quality Systems, Inc. and its NextGen Healthcare subsidiary develop and market computer-based practice management, electronic health records and revenue cycle management applications as well as connectivity products and services for medical and dental group practices.
year
2015
rev ($mm)
$499.35
EBITDA ($mm)
$57.19
EBIT ($mm)
$44.23
Net Income ($mm)
$32.10
Employees
2927
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Ticker: AIM:EMIS
 
 
 
 
 
 
 
 
EMIS Group PLC
EMIS Group PLC
Egton Medical Information Systems Ltd (EMIS) is the UK's market leading primary care software provider with more than 39 million patient records entrusted to its systems. Its aim is to make good quality, timely patient information available any time, any where through interoperable systems.
year
2018
rev ($mm)
$216.76
EBITDA ($mm)
$33.15
EBIT ($mm)
$21.39
Net Income ($mm)
$14.24
Employees
2046
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Ticker: QHR
 
 
 
 
 
 
 
 
QHR Technologies Inc.
QHR Technologies Inc.
QHR is a leader in Healthcare Technology, empowering providers and connecting patients. With an 11-year track record offering what is now the single leading Electronic Medical Records in Canada, QHR has a suite of complementary offerings that empower health professionals.
year
2016
rev ($mm)
$23.60
EBITDA ($mm)
$2.08
EBIT ($mm)
$0.83
Net Income ($mm)
$0.09
Employees
200
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Ticker: MTBC
 
 
 
 
 
 
 
 
Medical Transcription Billing, Corp.
Medical Transcription Billing, Corp.
MTBC (Medical Transcription Billing, Corp) is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers, revenue cycle management companies and software vendors.
year
2016
rev ($mm)
$21.30
EBITDA ($mm)
($1.14)
EBIT ($mm)
($5.80)
Net Income ($mm)
Employees
1600
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Ticker: MLKNA
 
 
 
 
 
 
 
 
MedLink International, Inc.
MedLink International, Inc.
MedLink is a healthcare IT company providing the medical community with products and services for the creation, management, and sharing of medical information. The company's flagship product, MedLink TotalOffice EHR 3.1, provides physicians with full EHR and practice management functionality.
year
2010
rev ($mm)
$6.00
EBITDA ($mm)
$0.89
EBIT ($mm)
$0.71
Net Income ($mm)
$0.20
Employees
34
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Ticker: VMCS
 
 
 
 
 
 
 
 
VisualMED Clinical Solutions Corp.
VisualMED Clinical Solutions Corp.
VisualMED markets smart EHR with Clinical Information Systems (CIS) and Computerized Physician Order Entry that meet the regulatory environment ushered in by the American Recovery and Reinvestment Act of 2009 and the Health Reform Act of 2010.
year
2008
rev ($mm)
$0.36
EBITDA ($mm)
($6.88)
EBIT ($mm)
($6.91)
Net Income ($mm)
Employees
  • drill down
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Ticker: OPRX
 
 
 
 
 
 
 
 
OptimizeRx
OptimizeRx
OptimizeRx is one of the nation’s leading providers of digital health messaging via electronic health records, providing a direct channel for pharma companies to communicate with healthcare providers.
year
2019
rev ($mm)
$24.21
EBITDA ($mm)
$2.03
EBIT ($mm)
$1.45
Net Income ($mm)
$0.55
Employees
37
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Ticker: CERN
 
 
 
 
 
 
 
 
Cerner Corporation
Cerner Corporation
Cerner's health information technologies connect people, information, and systems. Cerner solutions assist clinicians in making care decisions and enable organizations to manage the health of populations.
year
2019
rev ($mm)
$5,526.68
EBITDA ($mm)
$1,203.44
EBIT ($mm)
$757.34
Net Income ($mm)
$593.89
Employees
29200
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Ticker: 300253
 
 
 
 
 
 
 
 
Shanghai Kingstar Winning Software Co., Ltd.
Shanghai Kingstar Winning Software is principally engaged in the development of medical software, the provision of technology services and the distribution of hardware products. They primarily offer software, including hospital information systems and public health information management systems.
year
2015
rev ($mm)
$98.42
EBITDA ($mm)
$14.01
EBIT ($mm)
$12.72
Net Income ($mm)
$21.57
Employees
454
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Ticker: OM:RTC
 
 
 
 
 
 
 
 
Rethinking Care AB
Rethinking Care AB
Rethinking Care introduces a holistic concept in nursing & health, based on 3 interacting spheres of activity - "Software as a service", "Care as a service" & "Health as a service", based on a high level of competence in nursing & healthcare services as well as IT tools developed for health care.
year
2016
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
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Ticker: INOV
 
 
 
 
 
 
 
 
Inovalon, Inc.
Inovalon, Inc.
Inovalon is a leading technology company that combines advanced cloud-based data analytics and data-driven intervention platforms to achieve meaningful insight and impact in clinical and quality outcomes, utilization, and financial performance across the healthcare landscape.
year
2017
rev ($mm)
$449.36
EBITDA ($mm)
$75.91
EBIT ($mm)
$27.16
Net Income ($mm)
$34.82
Employees
2119
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
NextGen Healthcare, Inc.
NextGen Healthcare, Inc.
NextGen Healthcare helps ambulatory care organizations transition to value-based care by empowering them to nurture measurably healthier patient communities at lower cost. Their solutions help ease the burdens of HIT & enable practices to improve individual outcomes & nurture a healthier population.
year
2019
rev ($mm)
$531.77
EBITDA ($mm)
$39.36
EBIT ($mm)
$26.17
Net Income ($mm)
$16.08
Employees
2660
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Ticker: ENXTPA:CGM
 
 
 
 
 
 
 
 
Cegedim
Cegedim
Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases.
year
2018
rev ($mm)
$512.82
EBITDA ($mm)
$50.20
EBIT ($mm)
$33.91
Net Income ($mm)
$6.33
Employees
4468
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