Solganick & Co. was the exclusive M&A advisor to Itelagen Healthcare in its merger with DAS Health
CHICAGO, IL, May 13, 2021 – DAS Health Ventures, LLC (“DAS Health”), a portfolio company of Sheridan Capital Partners (“Sheridan”), announced recently the acquisition of ITelagen, LLC (“ITelagen”). The partnership with Itelagen adds meaningful scale to DAS’s MSP business, diversifies its EHR/PM relationships, and expands the hosting service line.
ITelagen was established in 2005 to provide comprehensive EHR and HCIT expertise to its provider clients, enabling them to improve their clinical, financial, and operational outcomes. ITelagen’s depth of hosting experience, in combination with its legacy EHR relationships, complements DAS’s already robust offering and will allow DAS to provide a full suite of value-added services to the combined customer base.
Established in 2003, DAS Health is an experienced provider of healthcare IT management solutions and services and a trusted consultant to independent physician groups, hospitals, and healthcare systems across North America. With offices in Florida, Illinois, Ohio, Nevada, New Hampshire and Texas, and employees in many other key states, DAS delivers superior Health Information Technology (HIT), MSP, cybersecurity, RCM medical billing, value-based care, patient engagement, compliance, and practice management solutions for over 20,000 users nationwide.
Financial details were undisclosed.
About ITelagen Healthcare
ITelagen is the EHR success company. ITelagen delivers integrated services and comprehensive expertise that help providers improve clinical, financial and operational outcomes through EHR and healthcare technology. The company’s proven approach, based upon over 15 years of experience, actively and securely integrates the EHR with people, data and workflows to increase productivity, reduce risk and enhance patient care. Learn more at www.itelagen.com
About Solganick & Co.
Solganick & Co. is a data-driven investment bank and M&A advisory firm focused exclusively on software and IT services companies. With offices located in Austin, Dallas, Los Angeles, and San Francisco, the firm provides technology-focused M&A advisory to fast-growing and established companies. Its deal team has completed over $20B in transactions to date. For more information, go to: https://solganick.com or contact us.
Solganick & Co. served as the exclusive M&A advisor to Itelagen Healthcare.