FOCUS LLC, a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, said that India-based Pradot Technologies has acquired GroupOne Healthsource, a full-service healthcare billing, technology and consulting company based in St. Louis, MO.
FOCUS represents Pradot Technologies in this international deal.
Established in 1999, Pradot Technologies is a business process outsourcing (BPO) firm that provides healthcare administrative support services to small- and medium-sized hospitals and physician practices. Located in Bangalore and Coimbatore, Pradot Technologies employs over 250 professionals and serves customers in 24 global cities.
"This acquisition will allow Pradot to grow in ways never before possible," said Arun Murali, President of Pradot Technologies, US Operations. 'By purchasing GroupOne Healthsource, Pradot now has a strong US presence, and an increased service offerings and revenues in both countries."