Reward Gateway, a global HR technology and employee engagement company, today announced it has acquired MoveSpring, a leading U.S. provider of activity-based software solutions to improve employee wellbeing. This follows the recent acquisition of recognition…
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symplr, the leader in enterprise healthcare operations, backed by Clearlake Capital Group, L.P. and Charlesbank Capital Partners, announced that it has entered into an agreement to purchase GreenLight Medical, a provider…
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The US dental industry has seen a proliferation of new technologies, a trend driven by the rise of the consumeristic nature of dental care, which can be attributed to 3 key influences: 1) gaps in dental insurance coverage, 2) competitive pressures among private practices, and 3) the aggressive rollup of private equity-backed dental support organizations (DSOs). Self-pay and patient financial…
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nThrive, a healthcare revenue cycle management SaaS platform provider backed by Clearlake Capital Group, L.P., announced it has signed a definitive agreement to acquire PELITAS, a leading provider of healthcare patient access, digital patient intake, and front-end RCM software solutions.…
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Despite the perception that valuations have risen in the post-pandemic era, the valuation tide has not lifted all boats equally. Following the pandemic, Health IT M&A valuations increased an impressive 36% from 5.1x revenue to 6.9x revenue. Meanwhile, the expanding universe of publicly traded Health IT, now 70 companies strong thanks to 35 recent IPO and SPAC transactions, contracted 16% in 2021…
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In this post-pandemic era, the world is changing at a pace that is nearly impossible to process, which makes decision-making harder and seemingly riskier than ever. With limited data to inform our decisions and understanding of reality, instincts become crucial as we attempt to navigate and make sense of the world. So, let’s take a moment and unpack some of the data…
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symplr, a global leader in enterprise healthcare operations including governance, risk management, and compliance SaaS solutions, backed by Clearlake Capital Group, L.P. and Charlesbank Capital Partners, LLC, announced the acquisition of
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symplr, a global leader in enterprise healthcare operations including governance, risk management, and compliance SaaS solutions, backed by Clearlake Capital Group, L.P. and Charlesbank Capital Partners, LLC, announced the acquisition of SpinFusion. SpinFusion, a healthcare scheduling…
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Radix Health, a leading digital health firm which offers digital front door solutions to help medical practices streamline patient scheduling, announced the signing of a definitive agreement to merge with Relatient, Inc.. Through the merger, Relatient will add Radix Health’s suite of…
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The digital health market is on fire. All things equal, based on our experience we estimate digital health valuations rose at least 30% from pre- to post-pandemic. For high performing companies, the valuation premium is much higher. Reinforcing our experience, from pre-pandemic February 2020 to post-pandemic June 2021, the NASDAQ rose 50%. Through June, M&A volume and value is on pace to increase…
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