Mercom Capital Group Reports Funding and Merger and Acquisition Activity on Health Care IT for Second Quarter 2010

Mercom Capital Group, llc, a communication and consulting firm specializing in health care technology and clean energy, today released the health care IT M&A and funding activity for the second quarter of 2010. $118 million was invested in six transactions compared to $82 million for eight transactions during Q1.

Merger and acquisition (M&A) activity for the sector saw a decrease in the number of deals, but a significant increase in values with several large M&A transactions announced during the quarter. Out of nine M&A transactions, five of them were disclosed for a total of $2.2B compared to the first quarter with a total of 27 deals of which six were disclosed for $617.5M.

Raj Prabhu, Managing Partner of Mercom Capital Group, commented, "Q2 was a strong quarter for the health care technology sector with a lot of activity, both in equity investments and with some significant M&A transactions." Notable transactions for the sector included a series C raise of $60M by Castlight Health, the $685M acquisition of Phase Forward by Oracle and the $1.3B merger of Allscripts and Eclipsys.

To download healthcare IT funding reports, visit: http://mercomcapital.com/healthcareitreports.php

###

 
HOME | OUR TEAM | HOW WE CAN HELP | PUBLIC RELATIONS
FINANCIAL COMMUNICATIONS | MARKET INTELLIGENCE | NEWS ROOM | CASE STUDIES | CAREERS | MERCOMINDIA | DISCLAIMER | CONTACT
© 2017 by Mercom Capital Group, LLC. All Rights Reserved.


Mercom Capital Group
Clean Energy Communications and Consulting
Public Relations, Community Relations, Investor Relations
Austin, Texas; Bangalore, India