Cerner Corporation, a healthcare-focused IT company from Kansas City, Missouri, has acquired AbleVets for an undisclosed sum.
Founded in 2012 and based in the Washington, DC area, AbleVets is a strategic IT consulting and engineering firm specializing in cyber, cloud and system development solutions for federal and commercial organizations. AbleVets will remain a wholly-owned subsidiary of Cerner.
The acquisition gives Cerner greater scale and technical expertise in designing and implementing modernization solutions, particularly in the federal space, according to the company.
Travis Dalton, president, Cerner Government Services, commented on the deal:
“AbleVets has been a trusted partner to Cerner and is providing critical support to our federal programs. Integrating the team into our business is a natural next step of our relationship. We expect AbleVets’ technical expertise and execution in solving complex problems will accelerate Cerner’s success in providing integrated, seamless care for Veterans, Service members and their families.”
AbleVets was founded as a Service-Disabled Veteran-Owned Small Business. The company’s 350 professionals will all join Cerner, according to the company.
Dr. Wyatt Smith, founder and CEO of AbleVets, also commented:
“I launched AbleVets to deliver health IT solutions that improve Veteran health. By working with Cerner over the past year, we’ve been able to make important strides in laying the groundwork on our shared mission to transform care for those who served our country. By combining AbleVets’ strategic and technical expertise in the federal space with Cerner’s global scale, technology and innovation, we can expand our collective reach, accelerate developments and make the greatest impact on improving outcomes across the care continuum. We’re excited to join forces with Cerner and bring even more value and quality health care to those who have served.”
Healthcare MSPs: Merger and Acquisition Deal List
ChannelE2E continues to track M&A activity within the healthcare vertical. A comprehensive list of healthcare MSPs involved in mergers and acquisitions can be found here.
