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Healthcare IT

Technology has become ubiquitous throughout the continuum of healthcare.  The advancements include quantum leaps not only in the use of the information but also advanced mechanisms for the collection of information.

Driven by technologists, healthcare providers, clinicians and increasing consumer awareness the total Global Healthcare IT Market is estimated to reach USD 1,075.06 Billion by 2028.  The Market stood at a revenue of USD 323.83 Billion in the year 2021, and is expected to exhibit a Compound Annual Growth Rate (CAGR) of 18.7%.

Healthcare IT offers numerous advantages and opportunities such as improving clinical outcomes, reducing human errors, improving practice efficiencies, facilitating care coordination, and tracking data over time. These advantages are in turn expected to drive the growth of the healthcare IT market.

The global healthcare IT market is largely driven by factors such as an increase in demand for telehealth and mHealth solutions from a large number of smartphone users, adoption of cloud technology-related HCIT services, implementation of various healthcare reforms such as the Patient Protection and Affordable Care Act (PPACA), and a rapid increase in the number of elderly people.

In the last few years, the volume of electronic data produced in the healthcare industry has expanded to terabytes and petabytes, primarily due to the digitization of administrative, clinical, and financial information. With the volume growing almost twofold every year, it is expected to reach exabytes and even zettabytes in the coming years. In addition to the growing volume, the sheer diversity of data in healthcare presents a major challenge for healthcare providers. The vast amount of data makes healthcare analytics  more complex when compared to other industries.  To address these challenges in the healthcare industry, service providers are increasingly advancing healthcare analytics and data management solutions.

M&A Transaction Activity

Below are M&A transaction activities which has been compiled from our work with businesses within this sector and our independent research in publicly available information.  For additional information, please contact us here.

Merger and Acquisition Transactions

Frazier Healthcare Partners Completes Acquisition of MatrixCare

SEATTLE–(BUSINESS WIRE)– Frazier Healthcare Partners (“Frazier”), a private equity firm focused exclusively on the healthcare industry, today announced the closing of its acquisition of MatrixCare (the “Company”) from ResMed (NYSE…
Frazier Healthcare Partners Completes Acquisition of MatrixCare

Sheridan Capital Partners Completes Investment in PtEverywhere

CHICAGO, IL – September 17, 2026 – Sheridan Capital Partners (“Sheridan” or “the Firm”) today announced the completion of its investment in PtEverywhere (“PtE” or “the Company”), a practice management…
Sheridan Capital Partners Completes Investment in PtEverywhere

M&A InSight: Preparing Today to Maximize Tomorrow’s Options

Healthcare M&A: Preparing Today to Maximize Tomorrow’s Options For healthcare and life sciences business owners, today’s M&A market continues to offer meaningful opportunities to grow, and partner, recapitalize, or exit.…
M&A InSight: Preparing Today to Maximize Tomorrow’s Options

PEAK ROCK CAPITAL AFFILIATE COMPLETES ACQUISITION OF ASEMBIA

AUSTIN, Texas, July 2, 2026 /PRNewswire/ — An affiliate of Peak Rock Capital (“Peak Rock”), a leading private investment firm focused on the middle-market, announced today that it has completed…
PEAK ROCK CAPITAL AFFILIATE COMPLETES ACQUISITION OF ASEMBIA

ResMed to sell software business MatrixCare for $490 million

July 7 (Reuters) – ResMed (RMD.N), opens new tab said on Tuesday it would sell its software business MatrixCare to private equity firm Frazier Healthcare Partners for $490 ​million in…
ResMed to sell software business MatrixCare for $490 million

Propel Your Healthcare M&A Transaction to a Successful Closing

Propel Your Healthcare M&A Transaction to a Successful Closing For many healthcare entrepreneurs, physicians, founders, and shareholders, the sale of a business represents one of the most important financial and personal…
Propel Your Healthcare M&A Transaction to a Successful Closing

Health Recover Solutions Acquires Rimidi

HOBOKEN, New Jersey—Health Recovery Solutions (HRS), a national remote patient monitoring and enterprise remote patient care platform, announced its acquisition of Rimidi, a chronic disease management and remote monitoring company…
Health Recover Solutions Acquires Rimidi

Paragon Ventures Announces PV AiX – Ai Supported, Human Curated Healthcare M&A Advisory

Paragon Ventures Announces PV AiX – Ai Supported, Human Curated Healthcare M&A Advisory

Paragon InSight: Prepare and Execute Series – Managing Owner Dependency

“When the Owner IS the Business: How Owner Dependence Can Impact or Waylay Deals” A business that cannot survive without its owner suffers from high “owner dependency,” also known as…
Paragon InSight: Prepare and Execute Series – Managing Owner Dependency

PV Insight: Old AR is Like an Open Wound

Old AR is Like an Open Wound That Bleeds Profitability and Affects the Value of Your Business For many healthcare business owners, Accounts Receivable (AR) is a silent threat. Left…
PV Insight: Old AR is Like an Open Wound

Advent International to Acquire PatientPoint

Advent International to Acquire PatientPoint, the Point of Change company, elevating healthcare through the nation’s largest digital point-of-care engagement network   Boston, MA and Cincinnati, OH – August 25, 2025…
Advent International to Acquire PatientPoint

TrueLearn Acquires COMQUEST, Strengthening Commitment to Osteopathic Learners and Educators

TrueLearn acquires COMQUEST, reinforcing its commitment to bringing best-in-class content, data, and analytics capabilities to the osteopathic community. TrueLearn, a leading healthcare digital learning and analytics platform, has expanded its…
TrueLearn Acquires COMQUEST, Strengthening Commitment to Osteopathic Learners and Educators

Transaction Readiness: Preparing For an M&A Event

Preparing Financials – Mastering the Numbers: Preparing for an M&A Transaction In order to present your company to potential buyers and investors, it is necessary to share (under cover of…
Transaction Readiness: Preparing For an M&A Event

Ascend Learning Announces Acquisition of Clover Learning to Expand Allied Health Education Offerings

LEAWOOD, Kan., March 27, 2025 (GLOBE NEWSWIRE) — Ascend Learning, a leading healthcare and learning software company, today announced the acquisition of Clover Learning, a pioneer in online diagnostic imaging…
Ascend Learning Announces Acquisition of Clover Learning to Expand Allied Health Education Offerings

DISA Global Solutions Acquires American DataBank, Launches Healthcare Technology Division

HOUSTON, TEXAS, FEBRUARY 4, 2025 – DISA Global Solutions, a leading tech-enabled provider of workplace compliance management and employee screening solutions, has acquired American DataBank (ADB), a premier provider of…
DISA Global Solutions Acquires American DataBank, Launches Healthcare Technology Division

Insight Partners invested in Azara Healthcare

Comprehensive suite empowers providers and health plans with innovative, data-driven solutions for value-based care Combined company receives new investment from global software investor Insight Partners Azara Healthcare, the Best in…
Insight Partners invested in Azara Healthcare

Azalea Health Announces Merger with simplifyMD

Azalea Health, a provider of cloud-based healthcare solutions and services, announced today an agreement to merge with simplifyMD, a complete electronic health records (EHR) provider. The merger positions the two…
Azalea Health Announces Merger with simplifyMD

Commure Acquires Memora Health

MOUNTAIN VIEW, Calif. – December 20, 2024 – Commure, a leading healthcare technology company, announced today the acquisition of Memora Health (Memora), a digital care navigation platform. Memora will strengthen…
Commure Acquires Memora Health

WELLSKY BUYS BONAFIDE

OVERLAND PARK, Kan. – WellSky has acquired Bonafide, an enterprise software solution for HME companies, in a move that expands the company’s footprint in what it calls “a rapidly growing…
WELLSKY BUYS BONAFIDE

Surescripts Announces Strategic Partnership with TPG to Enhance Patient Care and Meet Evolving Healthcare Needs Nationwide

ARLINGTON, Va.–(BUSINESS WIRE)–Surescripts®, the nation’s leading health information network, today announced that TPG, a global alternative asset management firm will join the Surescripts ownership group as a majority investor. TPG…
Surescripts Announces Strategic Partnership with TPG to Enhance Patient Care and Meet Evolving Healthcare Needs Nationwide

Stryker announces definitive agreement to acquire care.ai

Portage, Michigan, Aug. 12, 2024 (GLOBE NEWSWIRE) — Stryker (NYSE: SYK), a global leader in medical technologies, announced today a definitive agreement to acquire care.ai, a privately held company specializing…
Stryker announces definitive agreement to acquire care.ai

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