CPE Media News (12/3/2018) – PaySimple, dba EverCommerce, a multivertical service commerce platform, has acquired EMHware Inc. Tequity Inc., an M&A advisory firm for mid-market Software and Information Technology companies, acted as the exclusive financial advisor to EMHware.
Financial terms were not disclosed.
Belleville, Ontario based EMHware provides a comprehensive agency management software solution focused on the specific needs of Adult Mental Health, Children’s Mental Health, and Addictions, and Out-Patient Social Services in Canada.
Denver, Colorado based EverCommerce, is bringing together best-of-breed commerce solutions in the service sector, forming one service commerce platform that improves go-to-market strategy for technology companies and simplifies the software-buying process for business owners.
Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners L.L.C., acquired a signification stake in EverCommerce in October 2016.
photo credit: EMHWare
Tequity’s Client, EMHware, Acquired by EverCommerce
Leading Canadian cloud-based healthcare agency and case management solution provider joins EverCommerce
Tequity Inc., an M&A advisory firm for mid-market Software and Information Technology companies, acted as the exclusive financial advisor to cloud-based healthcare solutions provider EMHware in their strategic acquisition by Colorado-based EverCommerce.
EMHware provides a comprehensive agency management software solution focused on the specific needs of Adult Mental Health, Children’s Mental Health, and Addictions, and Out-Patient Social Services in Canada. The company’s proprietary solutions deliver superior customer experiences across a wide variety of social services organizations including Walk-in Clinics, Hospitals, Addiction Centres, Employment Centres, Family Services, School Boards, Public Housing, and Veterans Affairs.
The acquisition of EMHware by EverCommerce builds on existing investments in healthcare services and patient management and will provide additional opportunities to expand in the Agency and Case Management markets in both Canada and the US. The acquisition continues EverCommerce’s mission to support the success of millions of business owners and government agencies by providing comprehensive “best fit” service solutions under one umbrella.
EMHware provides cloud-based Agency Management Software for social, addictions, and mental health services. The company serves over 140 agencies and over 10,000 users in the provinces of Ontario and British Columbia.
EverCommerce is the leading service commerce platform, connecting best-of-breed technologies and solutions for service sector organizations. As a portfolio company born from the leadership team of successful software start-ups, renowned private equity firms, and Fortune 500 enterprises, the company provides comprehensive best fit solutions that improve how business owners market services, manage business, and retain customers.
About Tequity Inc.
Tequity provides exit, merger, and carve-out advisory services exclusively to mid-market Software, IT Services, and Information Technology companies across North America and around the globe. We assist CEOs and shareholders to achieve an optimal outcome in strategic transactions. As business operations and growth specialists who have built companies, raised capital, and successfully exited, we bring real world experience to any M&A discussion.
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