Tech Company M&A Transactions
Portico Systems Acquisition
On 6/22/2011, Portico Systems was bought by McKesson. The parties disclosed the acquisition price to be $90 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/22/2011
Transaction Type
M&A
Amount
$90,000,000
M&A Terms
The acquisition will be paid for with all cash.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
518 East Township Line Road 100
Blue Bell, PA 19422
USA
Blue Bell, PA 19422
USA
Phone
Website
Email Address
Overview
Portico Systems offers health plans software solutions exclusively focused on unlocking the value of Provider Network Management. Our hallmark Portico Provider Platform empowers health plans to infuse agility into their provider network management functions while delivering actionable provider information.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ned Moore
Chief Marketing Officer
Sam Muppalla
Chief Technical Officer
Scott Fraser
Executive Vice President
William Pocklington
VP - Customer Service
Nanci Ziegler
VP - Product Management
Michael Flanagan
Browse more venture capital transactions:
Prev: 6/22/2011: ScaleXtreme venture capital transaction
Next: 6/22/2011: Aviir 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 are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs