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New Deal


Announced

Completed

Kipu completed the acquisition of Avea 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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Private

Completed

Friendly

United States

Single Bidder

software development

revenue cycle management

Acquisition

Software

Majority

Domestic

Synopsis

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Kipu, the technology partner for mental health and addiction service providers, completed the acquisition of Avea Solutions, a provider of revenue cycle management software that helps treatment centers streamline billing. Financial terms were not disclosed. "Today, addiction treatment centers are siloed. This separation results in rework, complexity and lower reimbursement. Integrating Kipu with Avea will allow referral teams, care teams and billing teams to work better together," Paul Joiner, Kipu CEO.

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