Claritev - M&A Summary and Business Overview

Information TechnologyCompany

Claritev M&A Summary

Claritev has acquired 5 companies, including 3 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Claritev’s largest acquisition to date was in 2023, when it acquired Benefits Science for $160M. It’s largest disclosed sale occurred in 2011, when it sold EquiClaim to Change Healthcare for $41M. Claritev has acquired in 3 different US states. The Company’s most targeted sectors include information technology (60%) and insurance (40%).

Claritev Business Overview

Where is Claritev headquartered?

Claritev is headquartered in McLean, Virginia.

What is Claritev’s revenue?

Claritev disclosed revenue of 931M USD for 2024 and 962M USD for 2023.

How many employees does Claritev have?

Claritev has 2,700 employees.

What sector is Claritev in?

Claritev is an information technology company.

When was Claritev founded?

Claritev was founded in 1980.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

Claritev

Claritev Corp.

Tyson Tower 7900 Tysons One Place, Suite 400,
McLean, Virginia 22102
United States,
(212) 780-2000
www.claritev.com

Claritev is a provider of technology-enabled healthcare cost management solutions. Claritev provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse, and fraud before payments are made. Claritev was founded in 1980 and is based in McLean, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.4/yr) # 3 1 - 1 - - 5
vol $140M $155M $160M $455M
Sell (0.0/yr) # 1 - - - - - 1
vol $41M $41M
  6

Most Recent M&A

Company Date Value Type
Benefits Science LLC 2023-05-09 160M USD Add-on Acquisition
Boston, Massachusetts · www.benefitsscience.com
Discovery Health Partners 2021-01-21 155M USD Add-on Acquisition
Itasca, Illinois · www.discoveryhealthpartners.com
HST 2020-11-09 140M USD Add-on Acquisition
Laguna Hills, California · www.hstechnology.com
EquiClaim, LLC 2011-05-03 41M USD Divestiture
Naperville, Illinois · www.equiclaim.com
Viant, Inc. 2010-03-15 - Add-on Acquisition
Naperville, Illinois
Private Healthcare Systems, Inc. 2006-10-18 - Add-on Acquisition
Waltham, Massachusetts
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 3 (60%) 455M (100%) - -
Insurance 2 (40%) - - -
Business Services - - 1 (100%) 41M (100%)
Total 5 $455M 1 $41M

By Geo

State/Country Buy Value Sell Value
United States 5 455M 1 41M
  Illinois 2 155M 1 41M
  Massachusetts 2 160M - -
  California 1 140M - -
Total 5 $455M 1 $41M

Top M&A Advisors

Financial Deals
BofA Securities
2
Legal Deals
Kirkland & Ellis
3
Simpson Thacher & Bartlett
1

Deal Values

buy # Total
$100M to $1B 3 $455M
TOTAL $455M
Largest Benefits Science LLC
$160M (2023-05-09)
sell # Total
< $100M 1 $41M
TOTAL $41M
Largest EquiClaim, LLC
$41M (2011-05-03)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)
Divested to
Strategic(s)
100%
1 (100%)

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