Megadeals

Parata/BD

Seller: Parata

Buyer: BD

Announced: June 2022

Deal Value: $1.5B

EV/S Multiple: 6.9x

Parata Acquired by BD Parata Acquired by BD

Pharmacy automation solutions provider, Parata Systems, was bought by BD for $1.5B at 6.9 times revenue The acquisition will allow BD to enter a new high-growth pharmacy automation space.

Covetrus/TPG Capital/Clayton Dubilier & Rice

Seller: Covetrus

Buyer: TPG Capital/Clayton Dubilier & Rice

Announced: May 2022

Deal Value: $2.9B

TPG Capital / Clayton Dubilier & Rice Covetrus

An animal-healthcare management SaaS, Covetrus was acquired by TPG Capital/Clayton Dubilier & Rice, for $2.9B.

Change Healthcare/TPG Capital

Seller: Change Healthcare

Buyer: TPG Capital

Announced: April 2022

Deal Value: $2.2B

TPG Capital Change Healthcare

Change Healthcare’s claims editing business was bought by TPG Capital for $2.2B.

Informa Pharma/Warburg Pincus

Seller: Informa Pharma

Buyer: Warburg Pincus

Announced: February 2022

Deal Value: $2.3B

Warburg Pincus Informa Pharma

Informa’s clinical trial intelligence SaaS, Pharma Intelligence was purchased by Warburg Pincus, for $2.3B

Cloudmed/R1 RCM

Seller: Cloudmed

Buyer: R1 RCM

Announced: January 2022

Deal Value: $3.2B

EV/S Multiple: 5.4x

R1 RCM Cloudmed

R1 RCM purchased CloudMed, a revenue intelligence platform, for $3.2B.

Cloud Platform

PrescribeWellness/Transaction Data Systems

Seller: PrescribeWellness

Buyer: Transaction Data Systems

Announced: June 2022

Deal Value: Undisclosed

PrescribeWellness Acquired by Transaction Data Systems PrescribeWellness Acquired by Transaction Data Systems

PrescribeWellness provides patient relationship management SaaS. The acquisition should expand the current capabilities for TDS’ product suite to further pharmacy automation and patient engagement.

Clinician Nexus/SullivanCotter

Seller: Clinician Nexus

Buyer: SullivanCotter

Announced: June 2022

Deal Value: Undisclosed

Clinician Nexus Acquired by SullivanCotter Clinician Nexus Acquired SullivanCotter

Clinician Nexus, a clinical experience management company, was picked up by SullivanCotter to extend its technology talent and expertise in healthcare solutions.

Quality Compliance Systems/RLDatix

Seller: Quality Compliance Systems

Buyer: RLDatix

Announced: May 2022

Deal Value: Undisclosed

Quality Compliance Systems Acquired by RLDatix Quality Compliance Systems Acquired by RLDatix

Quality Compliance Systems is a compliance management SaaS in the primary care and healthcare sectors. The acquisition will extend RLDatix's geographical footprint and clientele across the care continuum.