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New Deal


Announced

Completed

Ontellus completed the acquisition of INTERTEL and MasterTrace.

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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medical records

Information / Data Services

Majority

Single Bidder

Acquisition

Domestic

United States

Private

Friendly

Completed

Medical Services

Synopsis

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Ontellus, the US nationwide full-service procurer of medical, billing, employment record, completed the acquisition of INTERTEL and MasterTrace, two medical records canvassing companies. Financial terms were not disclosed. "Medical canvassing is a crucial capability in the adjudication of insurance claims. Having a digital platform that allows insurers to seamlessly move from canvassing to procuring records electronically will enable Ontellus to further expedite the retrieval services that we provide our clients with today," Darren Klauser, Ontellus CEO.

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