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New Deal


Announced

Completed

ClaimLogiq completed the acquisition of SyTrue.

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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Completed

Single Bidder

Health Care Services

Acquisition

healthcare technology

Friendly

Majority

United States

Domestic

Private Equity

Private

Synopsis

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ClaimLogiq, a technology enabling payment integrity platform, completed the acquisition of SyTrue, a healthcare natural language processing technology. Financial terms were not disclosed. "Healthcare data is far too often fragmented, incomplete, inconsistent, and difficult to analyze. The synergies of ClaimLogiq and SyTrue will empower health plans to leverage our cutting-edge technology to transform unstructured data into actionable insights to deliver more effective and accurate payment integrity programs," Neal Miller, ClaimLogiq Chief Revenue Officer.

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