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New Deal


Announced

GHR Healthcare to acquire the HIM Division of HCTec.

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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IT Services: Other

Friendly

Single Bidder

Pending

health care solutions

Majority

health care information technology

Private

United States

Acquisition

Synopsis

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GHR Healthcare, the Houston-based parent organization to a family of healthcare and community-based staffing companies, agreed to acquire the HIM Division of HCTec, a health care IT consulting company. Financial terms were not disclosed. "We are very excited to add GHR RevCycle Workforce to the GHR team. We believe that it is a strategic fit for all involved. We are able to add an experienced, successful company to our group and, at the same time, expand our scope of support as a family. This acquisition complements our existing lines of business, allowing us to offer a broader range of workforce solutions to all clients," Joe Kaplan, GHR Healthcare Chairman.

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