We represented Prairie Capital, in its sale of Netalytics, a provider of electronic medical records and practice management solutions to the substance use disorder market, to GI Partners and TA Associates portfolio company Netsmart Technologies, a leading provider of software technology and services solutions to the healthcare community. Terms of the transaction were not disclosed.
Media Coverage
The transaction was highlighted in several media outlets including:
- “Prairie Capital Vi Announces the Sale of Netalytics,” Prairie Capital (October 2, 2023)
- “Netsmart Advances Substance Use Disorder Solution Offerings Through Acquisition of Netalytics,” Netsmart (October 5, 2023)
- “Netsmart Advances Substance Use Disorder Solution Offerings Through Acquisition of Netalytics,” Business Wire (October 5, 2023)
Deal Recognition
This deal was named a finalist in the following categories for the 23rd Annual M&A Advisor Awards in 2024:
- Information Technology Deal of the Year ($100MM to $1B)
- Private Equity Deal of the Year ($100MM to $250MM)
Bass, Berry & Sims had four transactions recognized among nine different categories for The M&A Advisor Awards in 2024.