Tech Company M&A Transactions
ADP Context Acquisition
On 1/29/2003, ADP Context was purchased by Captiva Software. The companies indicated that total deal value was $5.2 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/29/2003
Transaction Type
M&A
Amount
$5,200,000
M&A Terms
The acquisition, completed through an all-cash transaction valued at approximately $5.2 million, is expected to contribute at least $4.0 million of incremental revenue during the remainder of 2004 and be accretive on both a pro forma and GAAP basis.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
Undisclosed
Westmont, IL 60559
USA
Westmont, IL 60559
USA
Phone
Website
Email Address
Not Recorded
Overview
ADP Context provides automated software solutions to complex medical claims coding, editing and reimbursement challenges in the healthcare industry.
Management Team
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We report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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