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New Deal


Announced

Completed

TA associates backed RLDatix completed the acquisition of iContracts.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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healthcare industry

United States

healthcare services

Acquisition

Friendly

Health Care Services

Private

Private Equity

Majority

Completed

Synopsis

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RLDatix, a provider of solutions that drive patient safety, quality improvement, and harm reduction in healthcare, completed the acquisition of iContracts, the pioneers in contract, policy, and revenue management. Financial terms were not disclosed. The acquisition brings together the richness of the RLDatix patient safety platform with iContracts' leading policy management capabilities to allow organizations, for the first time, to take action on the root causes of incidents via the implementation of policies and procedures that are dynamic in nature. "We are thrilled to be joining forces with iContracts. It has always been at the forefront of contract, policy and revenue management, and its products lead the pack when it comes to capabilities and ROI. Bringing its offerings into the fold will allow us to serve a broader set of customer challenges while helping to realize our mission of becoming a global solutions provider in the governance, risk management, and compliance space." Jeff Surges, RLDatix CEO.

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