Transactions

July 3 2014

Encore Acquired By Quintiles

Company Description

Encore is a provider of highly specialized IT consulting and proprietary solutions specifically designed to help hospitals and health systems design, implement, and optimize their IT systems in order to drive actionable intelligence and value out of their clinical data. Complementing the Company’s EHR advisory and deployment services, the Company developed proprietary data tools and software enabling health systems obtain, track and analyze healthcare information for continuous performance improvement as models of care and payment shift from fee-for-service to fee-for value.

Objectives

Encore engaged TripleTree as its exclusive financial advisor to help evaluate and assess the Company’s strategic options. TripleTree ran a customized and highly strategic process that emphasized articulating Encore’s unique analytics, advisory and technology capabilities being adopted by leading health systems to drive enhanced and future value out of clinical data.

Results

Encore’s EHR solutions depth and data expertise were seen as highly innovative, leading to the strategic acquisition by Quintiles. Quintiles distinguished itself to the leadership of Encore by demonstrating its keen focus on clinical information and analytics, which will enable Encore to accelerate its vision of enhancing clinical outcomes through data-driven performance improvement

LEAD INVESTMENT BANKERS

banker-photo

Jason Grais

banker-photo

Brian Klemenhagen

banker-photo

Scott Donahue

Company Description

Encore is a provider of highly specialized IT consulting and proprietary solutions specifically designed to help hospitals and health systems design, implement, and optimize their IT systems in order to drive actionable intelligence and value out of their clinical data. Complementing the Company’s EHR advisory and deployment services, the Company developed proprietary data tools and software enabling health systems obtain, track and analyze healthcare information for continuous performance improvement as models of care and payment shift from fee-for-service to fee-for value.

Objectives

Encore engaged TripleTree as its exclusive financial advisor to help evaluate and assess the Company’s strategic options. TripleTree ran a customized and highly strategic process that emphasized articulating Encore’s unique analytics, advisory and technology capabilities being adopted by leading health systems to drive enhanced and future value out of clinical data.

Results

Encore’s EHR solutions depth and data expertise were seen as highly innovative, leading to the strategic acquisition by Quintiles. Quintiles distinguished itself to the leadership of Encore by demonstrating its keen focus on clinical information and analytics, which will enable Encore to accelerate its vision of enhancing clinical outcomes through data-driven performance improvement

LEAD INVESTMENT BANKERS

banker-photo

Jason Grais

banker-photo

Brian Klemenhagen

banker-photo

Scott Donahue