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Streamline Health Solutions to be Acquired by MDaudit for $37.4 Million

  • May 30, 2025

MDaudit - Streamline Health Solutions Merger

MDaudit entered a merger agreement on May 29, 2025, to acquire Streamline Health Solutions, Inc. (STRM) in an all-cash deal valued at $37.4 million.

Deal Structure:

Under the terms of the agreement, MDaudit will acquire all outstanding shares of Streamline stock for $5.34 per share in cash, representing a 133.19% premium from the stock’s last close.

Company Profile:

Streamline Health Solutions is a healthcare technology company that provides software, services, and analytics to help hospitals and health systems in the U.S. and Canada improve revenue integrity and financial performance.

MDaudit is a leading healthcare technology provider offering an AI-powered, cloud-based platform that helps healthcare organizations reduce compliance risks, enhance operational efficiency, and retain revenue through advanced analytics, workflow automation, and real-time risk monitoring.

Deal Details and Timeline:

A wholly-owned subsidiary of MDaudit will merge with and into Streamline, with Streamline surviving the merger as a wholly-owned subsidiary of MDaudit.

MDaudit plans to finance the transaction through a combination of cash on hand and available funds from its existing credit facilities.

The merger is expected to close during the third quarter of 2025.

Streamline received financial and legal advisory services from Cain Brothers, a division of KeyBanc Capital Markets, and Troutman Pepper, respectively. MDaudit was advised by Goodwin Procter as legal counsel.

MDaudit is acquiring Streamline at 1.16 times its sales.

Deal Metrics:

For a more comprehensive look at this merger and acquisition, please check out the Deal Metrics page at the following link:

Deal Metrics for the acquisition of Streamline Health Solutions, Inc. (STRM) by MDaudit

The Deal Metrics page for each merger or acquisition includes:

  • A historical chart showing the merger’s spread from announcement through completion or failure.
  • Key events as the merger progresses, including the expiration of the HSR period, regulatory approvals, shareholder votes, etc.
  • News and SEC filings related to the deal.
  • A history of deal updates.
  • And much more.

Disclaimer: Please conduct your own research and due diligence before buying or selling any securities mentioned in this article. The completeness or accuracy of the content or data provided in this article is not guaranteed.

Editor’s Note: Baranjot Kaur contributed to this article