Tech Company M&A Transactions
TheraDoc Acquisition
Operating out of Salt Lake City, TheraDoc was acquired by Premier. Premier disclosed that the acquisition price was $117 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/5/2014
Transaction Type
M&A
Amount
$117,000,000
M&A Terms
Premier, Inc. (PINC) has reached a definitive agreement to acquire TheraDoc, a market leading provider of clinical surveillance software, for $117 million in cash, subject to potential purchase price adjustments regarding TheraDoc's actual working capital, cash and indebtedness at closing.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare IT
Mailing Address
257 East 200 South 600
Salt Lake City, UT 84111
USA
Salt Lake City, UT 84111
USA
Phone
Website
Email Address
Overview
TheraDoc, Inc. is a clinical informatics company that develops and implements electronic surveillance systems for injury detection and prevention to transform the quality and safety of patient care--in real-time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Stanley Pestotnik
Browse more venture capital transactions:
Prev: 8/5/2014: Constellation Pharmaceuticals venture capital transaction
Next: 8/5/2014: OpenSignal venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs