Like Simplee

closed 2/13/2020 via GlobeNewswire

Flywire, acquired Simplee

synopsis: Flywire, a high-growth vertical payments company, has acquired Simplee, an American SaaS company that develops payment software for the health care industry. Simplee’s platform leverages information from billions of patient interactions and proprietary healthcare tuned algorithms to drive a recommendation engine for patient payments and engagement.
buyer: Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with other businesses and consumers on six continents. Flywire is used by over 1,300 organizations across 18 countries around the world. "
target: Simplee
Simplee is an American SaaS company that develops payment software for the health care industry. Simplee’s platform leverages information from billions of patient interactions and proprietary healthcare tuned algorithms to drive a recommendation engine for patient payments and engagement.
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closed 5/19/2020 via BusinessWire

Ontario Systems, LLC, acquired SwervePay

synopsis: Ontario Systems has acquired SwervePay, an innovative payment facilitator in the accounts receivable management and healthcare industries. The acquisition of SwervePay offers Ontario Systems customers a simplified consumer payment engagement platform that helps drive revenue, reduce operational costs, and improve compliance.
buyer parent: New Mountain Capital, LLC
buyer: Ontario Systems, LLC
Ontario Systems is a leading provider of enterprise software designed to automate complex workflows and accelerate revenue for clients in the healthcare industry as well as federal, state, and local governments and the accounts receivable management (ARM) market. "
target: SwervePay
SwervePay is a payment facilitator in the accounts receivable management (ARM) and healthcare industries. Its consumer-friendly electronic payment solution offers text-to-pay, same-day settlement options for Automated Clearing House and credit cards, and account balance automated messages.
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closed 12/4/2019 via PR Newswire

Waystar, acquired Recondo Technology

synopsis: Waystar, a leading provider of revenue cycle technology, announced the acquisition of Recondo Technology, a pioneer of innovative revenue cycle automation solutions powered by advanced robotic process automation (RPA) and other artificial intelligence technology allowing providers to be paid more, faster and at lower cost.
buyer parent: Bain Capital
buyer: Waystar
Waystar provides cloud-based technology that simplifies and unifies the healthcare revenue cycle. Their platform removes friction in payment processes, streamlines workflows and improves financials for providers. They support over 450,000 providers, 750 health systems, and 5,000 health plans. "
target: Recondo Technology
Recondo Technology's AI-powered software-as-a-service (SaaS) platform helps healthcare providers achieve sustainable financial performance. Recondo delivers industry-leading automated, accurate, and actionable financial clarity to the healthcare revenue cycle.
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announced 8/21/2019 via BNC Analysis

Signify Health, will acquire Remedy Partners

synopsis: Signify Health, a technology company that supports in-home care and provides care management services announced plans to merge with Remedy Partners, a software company that collaborates with healthcare organizations to launch bundled payment programs. 
buyer parent: New Mountain Capital, LLC
buyer: Signify Health
Signify Health is a leading provider of technology-enabled, in-home care and complex care management services. Signify Health transforms the quality and delivery of care by utilizing their intelligent technology platform to create a better care experience through their network of clinicians. "
target: Remedy Partners
Remedy Partner is a software company that collaborates with healthcare organizations to launch bundled payment programs. Remedy delivers software and services enabling health insurers and health care providers to organize and finance health care around patient episodes of care.
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closed 7/18/2017 via GlobeNewswire

Ability Network, Inc., acquired Secure Bill Pay

synopsis: ABILITY® Network announced its acquisition of Secure Bill Pay, a leader in the fast-growing healthcare payment software market. Secure Bill Pay provides an all-in-one set of tools to enable providers to facilitate patient payment throughout the revenue cycle.
buyer parent: Summit Partners
buyer: Ability Network, Inc.
ABILITY® Network is a leading information technology company that helps providers and payers simplify the administrative and clinical complexities of healthcare through innovative applications and data analytics. "
target: Secure Bill Pay
Hospitals, clinics and other health care providers are paid faster and easier with Secure Bill Pay's comprehensive patient payment solutions. Real-time data access with unlimited reporting, export/import or even full interface ensures payments are posted to patient accounts timely and accurately.
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closed 6/18/2013 via Market Wire

PaySpan, Inc., acquired mPay Gateway Inc.

synopsis: PaySpan Inc., the leading provider of healthcare payment and reimbursement automation, announced the acquisition of the assets of mPay Gateway, a point-of-service patient payment solution for healthcare providers.
buyer parent: ABS Capital Partners, L.P.
buyer: PaySpan, Inc.
PaySpan, Inc., with more than 25 years of payments expertise, is a trusted source of innovative healthcare reimbursement solutions, empowering the healthcare economy for health plans, providers, members and banks. "
target: mPay Gateway Inc.
mPay Gateway is a PCI certified acquiring card processor, delivering bankcard solutions with integrated web based management software to Providers that addresses the increased cost of collecting from consumers enrolled in consumer directed health care plans.
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closed 2/10/2020 via BusinessWire

REPAY - Realtime Electronic Payments, acquired Ventanex

synopsis: Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced the acquisition of Ventanex, an integrated payments solutions provider to the consumer finance and B2B healthcare verticals. Ventanex’s technology platform offers inbound and outbound omnichannel payment solutions and complex rules-based processing.
buyer: REPAY - Realtime Electronic Payments (RPAY:$157.60)
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY's proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers. "
target: Ventanex
Ventanex, founded in 2012 and headquartered in Dallas, TX, is an integrated payments solutions provider to the consumer finance and B2B healthcare verticals. Ventanex’s technology platform offers inbound and outbound omnichannel payment solutions and complex rules-based processing.
price ($mm)
$36
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closed 8/16/2017 via PE Hub

eSolutions, Inc., acquired RemitDATA, Inc.

synopsis: eSolutions, Inc., a leading provider of healthcare technology and analytics solutions, announces the acquisition of RemitDATA Inc., a pioneer of comparative data analytics technology bringing 360-degree data transparency to the healthcare industry.
buyer: eSolutions, Inc.
Founded in 1999, eSolutions specializes in helping health care providers improve their revenue cycle management practices. eSolutions delivers high value, cost-effective, workflow automation and data analytics services in a web-based environment to thousands of providers. "
target: RemitDATA, Inc.
RemitDATA is a healthcare technology company that delivers healthcare's most comprehensive comparative data and analytics platform. RemitDATA strives to bring collaboration and 360-degree data transparency to all entities within the healthcare industry.
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closed 8/2/2010 via BNC Analysis

Data Image merged with Dantom Systems, Inc.,

synopsis: DANTOM Systems is pleased to announce its merger with Data Image, an Ohio based healthcare statement provider, and its affiliate company, Data Online.
buyer: Dantom Systems, Inc.
DANTOM provides credit and collection data processing, high-speed letter printing and USPS first-class mail delivery services to the credit and collection industry. DANTOM has established over 25 different credit and collection software interfaces to service hundreds of customers nationwide. "
target: Data Image
Data Image offers clients high-impact graphic design, dynamic, full color; variable statements; archiving and online retrieval; and payment processing technology. The payment processing portal, Data Online, is PCI DSS compliant.
price ($mm)
$21
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closed 12/11/2008 via AP - Associated Press

Experian Information Solutions, acquired SearchAmerica

synopsis: Experian, the global information services company, announces that it has completed the acquisition of SearchAmerica, a leading provider of payment prediction data and analytics to the US healthcare industry. The purchase price is approximately $90m and will be funded from Experian’s existing cash resources.
buyer: Experian Information Solutions
Experian is a global leader in providing information solutions to organizations and consumers. It helps organizations find, develop and manage profitable customer relationships by providing information, decision-making solutions and processing services. "
target: SearchAmerica
SearchAmerica is the industry leader in financially clearing patients through address verification, prediction of payment and automated screening for charity, Medicaid and other government programs with its Software-as-a-Service (SaaS) solutions and personalized service.
price ($mm)
$90
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announced 4/23/2020 via PR Newswire

Transaction Services Group, will acquire Stadline

synopsis: Transaction Services Group (TSG), a leading global revenue management solutions company, will acquire Stadline, a French provider of management software for the sport and fitness industry. Stadline offers a complete club management platform that provides solutions for member management, access control, online booking, and payments.
buyer parent: Advent International
buyer: Transaction Services Group
TSG (Transaction Services Group) is a leading revenue management solutions company that provides business management software, integrated payments, and value-added services to clients around the globe. TSG's focus is on the health and fitness, childcare and early education, and boutique markets. "
target: Stadline
Stadline is a French provider of management software for the sport and fitness industry. Stadline offers a complete club management platform that provides solutions for member management, access control, online booking, and payments.
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closed 11/18/2015 via BusinessWire

WEX Inc., acquired Benaissance

synopsis: WEX Inc., a leading provider of corporate payment solutions, announced it has completed its acquisition of Benaissance, a leading provider of integrated software-as-a-service (SaaS) technologies and services for healthcare premium billing, payment and workflow management.
buyer: WEX Inc. (WEX:$1,664.84)
WEX Inc. is a leading provider of corporate payment solutions. It is a multi-channel provider of corporate payment solutions representing 9 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors. "
target parent: McCarthy Capital Corporation
target: Benaissance
Benaissance is the trusted financial management partner for health benefits administration, and pioneered the industry’s leading ExchangePoint℠ and COBRApoint® Software as Service (SaaS) solutions for individual single-point and consolidated group premium billing.
price ($mm)
$80
rev ($mm)
$13
EBITDA ($mm)
EV / rev
6.0x
EV / EBITDA
closed 11/22/2013 via Company Press Release

3P Capital, LLC, acquired Arch Advantage

synopsis: 3P Capital, LLC a Chattanooga-based private equity firm specializing in acquisition of high growth potential companies, has acquired Arch Advantage, a web application that helps doctors and patients establish payment arrangements. They give guidelines and advice, and their repayment coaching helps manage the patient billing and collections process.
buyer: 3P Capital, LLC
3P Capital, LLC is a Chattanooga-based private equity firm specializing in acquisition of high growth potential companies. "
target: Arch Advantage
Arch Advantage is a web application that helps doctors and patients establish payment arrangements. They give guidelines and advice, and their repayment coaching helps manage the patient billing and collections process.
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closed 5/16/2019 via Company Press Release

Discovery Health Partners, acquired HealthMind, LLC

synopsis: Discovery Health Partners, an industry leader dedicated to helping healthcare payers solve payment and revenue integrity challenges, has acquired HealthMind, a healthcare technology company that specializes in payment service solutions. HealthMind's ReThink platform supports multiple payment accuracy programs on both a pre- and post-pay basis.
buyer parent: Carrick Capital Partners, LLC
buyer: Discovery Health Partners
Discovery Health Partners helps organizations reduce and contain healthcare spend through intelligent cost containment solutions. They are specialists in technology, services, and solutions for Subrogation, Coordination of Benefits, Dependent Eligibility Verification, and Healthcare Analytics. "
target: HealthMind, LLC
HealthMind is a healthcare technology company that specializes in payment service solutions. HealthMind's cloud-based ReThink platform supports multiple payment accuracy programs on both a pre- and post-pay basis. HealthMind helps health plans to increase their efficiency, productivity, and results.
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closed 7/12/2016 via BusinessWire

McKesson Corporation, acquired HealthQX

synopsis: McKesson Health Solutions announced it has expanded its portfolio to include ClarityQx value-based payment technology through the acquisition of HealthQX. HealthQX is the leader in Value-based Payment (VBP) analytic software solutions for health plans and health systems.
buyer: McKesson Corporation (MCK:$214,319.00)
McKesson Corporation is a healthcare services and information technology company dedicated to making the business of healthcare run better. McKesson partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care. "
target: HealthQX
HealthQX is the leader in Value-based Payment (VBP) analytic software solutions for health plans and health systems. Its VBP analytics platform, ClarityQX, provides the capabilities to design, implement and monitor alternative payment models.
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announced 9/11/2019 via Company Press Release

Medical Data Vision Co., Ltd., will acquire Medical Domain Inc.

synopsis: Medical Data Vision (MDV), a Japanese company that develops, produces, and sells medical information integration systems, will acquire Medical Domain Inc. (MDI), a Japanese company that develops software solutions for the healthcare industry. MDI offers electronic medical record systems, receipt check software, and inspection request software.
buyer: Medical Data Vision Co., Ltd. (TSE:3902:$36.27)
Medical Data Vision (MDV) is a Japanese company that develops, produces, maintains, and sells medical information integration systems. Their solutions enable hospitals to easily view and compare detailed medical information from other hospitals. "
target: Medical Domain Inc.
Medical Domain Inc. (MDI) is a Japanese company that develops software solutions for the healthcare industry. MDI offers a variety of software solutions for healthcare providers, including electronic medical record systems, receipt check software, and inspection request software.
price ($mm)
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 11/21/2018 via PR Newswire

ProtoLytic, acquired Medical Pay Review, Inc.

synopsis: ProtoLytic, LLC, an innovative provider of medical evidence-based decision support and fulfillment services for insurance companies, announced it acquired Medical Pay Review, Inc., a Florida company specializing in payment integrity. ProtoLytic uses sophisticated algorithms to analyze the appropriateness of medical services.
buyer: ProtoLytic
ProtoLytic, LLC is an innovative provider of medical evidence-based decision support and fulfillment services for insurance companies. ProtoLytic uses sophisticated algorithms to analyze the appropriateness of medical services. "
target: Medical Pay Review, Inc.
Medical Pay Review, Inc. is a Florida company specializing in payment integrity. Medical Pay Review uses advanced rules-based analysis to evaluate whether claim payments are consistent with guidelines and government regulations.
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announced 1/31/2018 via BNC Analysis

Jiuyuan Yinhai, will acquire Medseeking Technology Co., Ltd.

synopsis: Jiuyuan Yinhai, a company in China that provides IT services to a variety of industries, will acquire a 60% stake in Medseeking, a company in China that offers healthcare software solutions and value-added services. Medseeking offers a patient payment management system, a medical record management system, and a software-based alarm system.
buyer: Jiuyuan Yinhai (SZSE:002777:$97.61)
Jiuyuan Yinhai is a company in China that provides IT services to a variety of industries. Their services include IT designing and consulting, custom software development, and systems integration. The company also manufacturers thermal imaging and wireless transmission products for military use. "
target: Medseeking Technology Co., Ltd.
Medseeking is a company in China that offers healthcare software solutions and value-added services. The company offers a patient payment management system, a medical record management system, and a software-based alarm system to keep staff and patients safe.
price ($mm)
$0.78*
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closed 12/22/2015 via BusinessWire

Invoice Cloud, acquired HealthPay24

synopsis: Invoice Cloud, a provider of Trusted, Secure E-Payments and highest adopting Electronic Bill Presentment with Payment, has acquired the majority of ImageVision.net, whose HealthPay24 product is in use by hospitals across the country. HealthPay24 was the first software solution dedicated to processing healthcare point-of-service payments.
buyer: Invoice Cloud
Invoice Cloud™ provides Trusted, Secure E-Payments and highest adopting Electronic Bill Presentment with Payment (EBPP) Solutions. Invoice Cloud is a high growth company with over 500 clients in 36 states in the USA. This growth is attributable to best of breed EBPP service features. "
target: HealthPay24
HealthPay24 was the first software solution dedicated to processing healthcare point-of-service payments. HealthPay24 has been enhanced and improved with suggestions from over 300 Hospitals and Physician facilities, enabling providers to have an integrated payment solution to collect any payment.
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closed 4/1/2015 via BusinessWire

Healthland, acquired Rycan Technologies, Inc.

synopsis: Healthcare technology provider Healthland has acquired Rycan, a healthcare revenue cycle solutions firm. Rycan’s sophisticated set of tools help healthcare organizations manage the revenue cycle through a number of technology solutions, including claims submission and scrubbing, electronic remittance, denial management and audit management.
buyer parent: Francisco Partners Management LLC
buyer: Healthland
Healthland is a leading provider of integrated technology solutions to rural community and critical access hospitals. Software and services from Healthland, including electronic health records (EHRs), help customers share patient information across care settings to coordinate treatment. "
target: Rycan Technologies, Inc.
Rycan is a leader in healthcare revenue cycle software. Rycan solves business office problems through comprehensive solutions to maximize reimbursement while increasing productivity.
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closed 2/13/2020 via GlobeNewswire

Flywire, acquired Simplee

synopsis: Flywire, a high-growth vertical payments company, has acquired Simplee, an American SaaS company that develops payment software for the health care industry. Simplee’s platform leverages information from billions of patient interactions and proprietary healthcare tuned algorithms to drive a recommendation engine for patient payments and engagement.
buyer: Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with other businesses and consumers on six continents. Flywire is used by over 1,300 organizations across 18 countries around the world. "
target: Simplee
Simplee is an American SaaS company that develops payment software for the health care industry. Simplee’s platform leverages information from billions of patient interactions and proprietary healthcare tuned algorithms to drive a recommendation engine for patient payments and engagement.
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closed 2/13/2020 via GlobeNewswire

Flywire, acquired Simplee

synopsis: Flywire, a high-growth vertical payments company, has acquired Simplee, an American SaaS company that develops payment software for the health care industry. Simplee’s platform leverages information from billions of patient interactions and proprietary healthcare tuned algorithms to drive a recommendation engine for patient payments and engagement.
buyer: Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with other businesses and consumers on six continents. Flywire is used by over 1,300 organizations across 18 countries around the world. "
target: Simplee
Simplee is an American SaaS company that develops payment software for the health care industry. Simplee’s platform leverages information from billions of patient interactions and proprietary healthcare tuned algorithms to drive a recommendation engine for patient payments and engagement.
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closed 1/24/2018 via GlobeNewswire

Flywire, acquired OnPlan Holdings LLC

synopsis: Flywire, a provider of global payment and receivables solutions for education, healthcare, and business, announced the acquisition of OnPlan Holdings LLC, the parent company of OnPlanU and OnPlan Health. OnPlan Health is a web portal and payment solution. OnPlanU is a student billing and payment solution.
buyer: Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with other businesses and consumers on six continents. Flywire is used by over 1,300 organizations across 18 countries around the world. "
target: OnPlan Holdings LLC
OnPlan Holdings LLC, the parent company of OnPlanU and OnPlan Health. OnPlan’s vertical-specific solutions address key revenue lifecycle management needs in healthcare and higher ed. OnPlan Health is a web portal and payment solution. OnPlanU is a student billing and payment solution.
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closed 6/1/2017 via GlobeNewswire

Flywire, acquired PACE Invoice

synopsis: Flywire, a leading provider of international payment solutions, announced that it has acquired PACE Invoice, a multi-currency invoicing platform provider. Pace Invoice is a all in one cash management platform for SME’s. The platform allows them to see and manage their multiple accounts in one single place.
buyer: Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with other businesses and consumers on six continents. Flywire is used by over 1,300 organizations across 18 countries around the world. "
target: PACE Invoice
Pace Invoice is the all in one cash management platform for SME’s. The platform allows them to not only see and manage their multiple accounts in one single place but also gives them the tools to offer their own clients flexible ways to get paid in multiple countries and currencies.
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closed 1/20/2016 via BusinessWire

Flywire, acquired ScholarFX

synopsis: Flywire, a leading provider of cross-border payment solutions, announced the acquisition of Toronto-based ScholarFX, a respected processor of tuition, room and board payments for international students attending universities and other educational institutions in Canada.
buyer: Flywire
Flywire is a leading provider of high-ticket cross-border payment solutions, connecting institutions with consumers from around the world. Introduced as a way for international students to pay their tuition for studies abroad, Flywire is welcomed by almost 900 educational institutions. "
target: ScholarFX
ScholarFX is a respected processor of tuition, room and board payments for international students attending universities and other educational institutions in Canada. They served international students living at on-campus residences across Canada by moving, shipping, storage and dormitory products.
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closed 10/1/2015 via BusinessWire

Flywire, acquired Uni-Pay

synopsis: Flywire (formerly peerTransfer), the leading provider of global payment solutions for the education industry, announced it has acquired UK tuition processor Uni-Pay. Uni-Pay offers tuition payment services to students attending 60 educational institutions in the UK, the second leading destination for foreign students studying abroad.
buyer: Flywire
Flywire, formerly peerTransfer, is the leading provider of global payment solutions for the education industry, providing processing, tracking and reconciliation services for educational institutions worldwide. They offer an easy-to-use, economical payment experience for international students. "
target parent: Inprova Group
target: Uni-Pay
Uni-Pay is an international payment and collection provider for overseas student fees, that has been designed specifically for universities and language schools. Uni-Pay can help education providers offer their overseas students an improved payment experience while delivering administration savings.
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closed 1/24/2018 via GlobeNewswire

Flywire, acquired OnPlan Holdings LLC

synopsis: Flywire, a provider of global payment and receivables solutions for education, healthcare, and business, announced the acquisition of OnPlan Holdings LLC, the parent company of OnPlanU and OnPlan Health. OnPlan Health is a web portal and payment solution. OnPlanU is a student billing and payment solution.
buyer: Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with other businesses and consumers on six continents. Flywire is used by over 1,300 organizations across 18 countries around the world. "
target: OnPlan Holdings LLC
OnPlan Holdings LLC, the parent company of OnPlanU and OnPlan Health. OnPlan’s vertical-specific solutions address key revenue lifecycle management needs in healthcare and higher ed. OnPlan Health is a web portal and payment solution. OnPlanU is a student billing and payment solution.
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closed 10/1/2015 via BusinessWire

Flywire, acquired Uni-Pay

synopsis: Flywire (formerly peerTransfer), the leading provider of global payment solutions for the education industry, announced it has acquired UK tuition processor Uni-Pay. Uni-Pay offers tuition payment services to students attending 60 educational institutions in the UK, the second leading destination for foreign students studying abroad.
buyer: Flywire
Flywire, formerly peerTransfer, is the leading provider of global payment solutions for the education industry, providing processing, tracking and reconciliation services for educational institutions worldwide. They offer an easy-to-use, economical payment experience for international students. "
target parent: Inprova Group
target: Uni-Pay
Uni-Pay is an international payment and collection provider for overseas student fees, that has been designed specifically for universities and language schools. Uni-Pay can help education providers offer their overseas students an improved payment experience while delivering administration savings.
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closed 10/5/2015 via GlobeNewswire

Blackbaud, Inc., acquired SmartTuition

synopsis: Blackbaud, Inc., the leading provider of software and services for the worldwide philanthropic community, announced the acquisition of Smart Tuition. Smart Tuition is a leading provider of payment software and services for private schools and parents.
buyer: Blackbaud, Inc. (BLKB:$807.42)
Blackbaud combines innovative software and services, and expertise to help organizations achieve their missions. The company offers a full spectrum of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. "
target: SmartTuition
Smart Tuition is a leader in providing a robust student billing and payments processing platform through its SaaS school accounts receivables offering. Smart Tuition supports the educational mission of faith based schools, as well as independent private schools across the United States.
price ($mm)
$190
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closed 11/30/2016 via Company Press Release

Follett Corporation, acquired Valore

synopsis: Follett Corporation, a global leader in education and entertainment content distribution, announced it has acquired Valore Inc. and the ValoreBooks marketplace solution for students and bookstores to buy, sell and rent college textbooks online.
buyer: Follett Corporation
Follett has been a trusted partner to PreK-12 schools, districts, and college campuses, taking care of the critical details that make it easier for schools to run, teachers to teach and students to learn. Follett is a leading provider of education technology, services and print and digital content. "
target: Valore
Valore offers innovative solutions that eliminate the inefficiencies throughout the textbook industry, and bring more affordable textbooks and higher quality courseware to students, bookstores, professors, and schools.
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closed 12/2/2009 via PR Newswire

SimpleTuition Inc., acquired TuitionCoach

synopsis: SimpleTuition, Inc., the premier destination for personalized student loan research and comparison, has acquired TuitionCoach, the leading website for personalized college financial guidance. Terms of the deal were not disclosed.
buyer: SimpleTuition Inc.
SimpleTuition is committed to helping students and parents figure out how to make college affordable. SimpleTuition.com features interactive tools for a personalized approach to understanding the college funding system and available education financing options. "
target: TuitionCoach
TuitionCoach is a personalized internet-based program that guides families step-by-step through the college financial aid process, offering: expert tips for completing financial aid applications; analysis of college funding options; and email consultation.
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announced 5/18/2009 via PR Newswire

Freshman Fund, Inc. will be merged with Wee Web,

synopsis: Wee Web, the private sharing service for families, and Freshman Fund, the college savings gift registry, announced an agreement to merge the two companies. Together, continuing under the name Wee Web, these services create a single destination for families to stay connected and facilitate education savings.
buyer: Wee Web
Wee Web helps families share moments and stay connected - no matter where everyone lives. As a simple, secure and private service, Wee Web makes it easy for parents to keep family and friends involved in their kids' rapidly changing lives so no one misses the special moments that happen only once. "
target: Freshman Fund, Inc.
Freshman Fund is an easy way for parents, relatives and friends to contribute gift money to college savings. Birthdays, holidays and other events could be opportunities for a more meaningful, practical gift. As every parent knows, the sooner you start saving, the easier it is.
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closed 8/5/2015 via BNC Analysis

Affirm, acquired Lendlayer

synopsis: Affirm, a next-generation consumer finance company, has completed the acquisition of LendLayer, an online social lending platform that enables users to pay for their education. LendLayer provides lending for accelerated learning programs like Hackbright Academy.
buyer: Affirm
Affirm is a next-generation consumer finance company providing shoppers with instant point-of-sale financing for online purchases. Affirm’s data-driven approach looks beyond a standard credit score to reach broader consumer populations. "
target: Lendlayer
LendLayer, Inc. operates an online social lending platform that enables users to pay for their education. The company was founded in 2014 and is based in San Francisco, California
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closed 1/20/2016 via BusinessWire

Flywire, acquired ScholarFX

synopsis: Flywire, a leading provider of cross-border payment solutions, announced the acquisition of Toronto-based ScholarFX, a respected processor of tuition, room and board payments for international students attending universities and other educational institutions in Canada.
buyer: Flywire
Flywire is a leading provider of high-ticket cross-border payment solutions, connecting institutions with consumers from around the world. Introduced as a way for international students to pay their tuition for studies abroad, Flywire is welcomed by almost 900 educational institutions. "
target: ScholarFX
ScholarFX is a respected processor of tuition, room and board payments for international students attending universities and other educational institutions in Canada. They served international students living at on-campus residences across Canada by moving, shipping, storage and dormitory products.
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closed 5/9/2018 via PR Newswire

Lumni, acquired Paytronage, Inc.

synopsis: Lumni, an international financial technology company focused on increasing the affordability and accessibility of higher education, announced the acquisition of Paytronage, a 9-month old NYC-based direct-to-consumer marketplace for income share agreements (ISAs).
buyer: Lumni
Lumni is the world's largest and most-established player in the emerging income share agreements (ISA) space, having originated and serviced nearly 10,000 ISAs across Latin America. "
target: Paytronage, Inc.
Founded in August 2017, Paytronage launched as a direct-to-consumer marketplace connecting institutional lenders to students interested in taking out income share agreements. Paytronage launched at the University of Pennsylvania with a focus on offering ISAs to Ivy League students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/5/2019 via BNC Analysis

Goal Structured Solutions, Inc. (GS2), acquired Skills Fund

synopsis: Skills Fund, a financing platform for bootcamps and tech skill training schools, announced that it has been acquired by Goal Structured Solutions, a company that operates as an asset management firm. Goal is the largest third-party provider of student loan services and currently manages a portfolio of over $26 billion.
buyer: Goal Structured Solutions, Inc. (GS2)
Goal Structured Solutions, Inc. (GS2), operates as an asset management firm. The company offers loan administration, loan and receivables purchasing, capital markets advisory services, and products and services to the education loan industry. "
target: Skills Fund
Skills Fund is a financing platform for bootcamps and tech skill training schools that partners with more than 70 schools and 400 programs. It lends money to students participating in programs in software development, web development, data science, and cybersecurity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/31/2010 via Market Wire

First Marblehead, acquired Tuition Management Systems

synopsis: The First Marblehead Corporation completed the acquisition of Tuition Management Systems (TMS) from KeyBank, N.A. TMS is one of the nation's largest providers of outsourced tuition planning, billing, counseling, and payment technology services for colleges, universities, and elementary and secondary schools.
buyer: First Marblehead (FMD:$50.38)
First Marblehead helps meet the need for education financing by offering national and regional financial institutions and educational institutions the Monogram(SM) platform, an integrated suite of design, implementation and credit risk management services. "
target parent: KeyCorp
target: Tuition Management Systems
Tuition Management Systems has worked with private K-12 schools, colleges and universities to help make education more affordable. Tuition Management Systems offers a suite of products and services to client schools that includes billing, payment processing and education payment counseling.
price ($mm)
$47
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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