Tech Company M&A Transactions
Concuity Acquisition
On 12/11/2006, Concuity was purchased by Trintech Group plc. Trintech Group plc said the transaction price was $8.3 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/11/2006
Transaction Type
M&A
Amount
$8,250,000
M&A Terms
Hercules Technology Growth Capital, Inc. (NASDAQ: HTGC), a leading specialty finance company providing debt and equity growth capital to venture capital and private equity backed technology and life science companies, announced on Dec. 5, 2006, the sale of Concuity Inc., a previously rated 4 portfolio company, to Trintech Group plc for $8.25 million. Hercules' debt investment will be fully repaid with the sale of the company.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare Services
Mailing Address
150 Fairway Drive 146
Vernon Hills, IL 60061
USA
Vernon Hills, IL 60061
USA
Phone
Website
Email Address
Not Recorded
Overview
Concuity, Inc. increases hospital revenue by identifying and correcting payer non-compliance issues in the contract revenue cycle.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Watson
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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