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New Deal


Announced

Completed

WellSky completed the acquisition of Corridor from HealthEdge Investment Partners.

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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United States

Friendly

Single Bidder

Acquisition

Majority

Private Equity

Domestic

Completed

Private

healthcare technology

Software

Synopsis

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WellSky a health and community care technology company, completed the acquisition of Corridor, an end-to-end tech-enabled services platform designed for the post-acute care industry’s toughest challenges, from HealthEdge Investment Partners, a healthcare-focused private equity firm. Financial terms were not disclosed. “Providers today must continually demonstrate higher quality performance and compliance, and they’re looking for solutions to support quality patient care and reduce administrative burdens. As we looked to strengthen our services offerings, Corridor emerged as an ideal partner. Together, WellSky and Corridor help more post-acute care organizations succeed against industry challenges,” Bill Miller, WellSky CEO.

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