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New Deal


Announced

BV Investment Partners to acquire EDCO Health Information Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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healthcare

Majority

Single Bidder

United States

indexing solutions

Private Equity

Acquisition

Pending

Medical Services

Private

Friendly

Synopsis

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BV Investment Partners, a middle-market private equity firm focused on the business services, software and IT services sectors, agreed to acquire EDCO Health Information Solutions, a provider of automated unstructured data indexing solutions for healthcare providers. BV is partnering with the current executive team of EDCO. Financial terms were not disclosed. "The investment in EDCO aligns well with our focus on backing leading software and technology-enabled services companies in the healthcare industry. EDCO helps hospitals with the ongoing issue of managing disparate medical forms and data in a cost-efficient and compliant manner that improves provider satisfaction and overall quality of patient care. EDCO's dedicated focus on healthcare has given them a deep understanding of the needs of their clients and the ability to provide a unique, high return on investment solution for the industry," Vik Raina, BV Investment Partners Managing Partner.

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