Founded by a healthcare investment banker and former healthcare business owner who dealt with these issues firsthand, DealZumo has created an online marketplace solution where healthcare business owners and their advisors looking to sell a company or raise capital can connect with healthcare-specific acquirers and debt/equity providers. Sellers and capital seekers access the platform by paying a monthly subscription fee.
Using our founder’s massive network, DealZumo brings together for the first time all the key players in healthcare business transactions.
DealZumo launches February 2016!
Chip has been a healthcare investment banker for almost 15 years as a founding partner of Wyatt Matas & Associates. He was primarily responsible for overseeing the firm’s mergers and acquisition and capital raising engagements. His concentration in healthcare has brought his clients access to deep relationships in areas such as acute care, home healthcare, hospice, disease management, physician practice management, care managment and ancillary hospital services.
Chip holds a degree in economics from Mississippi State University and an MBA from Wharton School of Business at the University of Pennsylvania. All told, he has managed over 85 mergers, acquisitions and capital raising transactions.
Before investment banking, Chip founded his own senior healthcare company with great results — he managed the company through 11 successful acquisitions while growing it to over $30 million in revenue and almost $3 million in EBITDA. The company was later sold to a national healthcare company, where Chip served on the board of directors for several years after the acquisition.
As a former healthcare investment banker, Chip often received calls from generalist, business brokers representing healthcare businesses for sale. He could always sense their frustration as they cold called random contacts searching for buyers. He would also hear from business owners that could not find buyers even when the market was quite active. There was an obvious disconnect when sellers and buyers existed, but couldn’t find one another.
Having built a significant database of buyers and sellers with almost 20 years in the healthcare industry, Chip spent most of his days bringing the two parties together.
He wondered if he could have more of an impact by simply giving buyers and sellers access to his database, and through that thought, DealZumo was born.
There has never before been a resource dedicated to connecting healthcare dealmakers — until DealZumo. DealZumo will be the key portal to accessing healthcare dealmakers around the globe.
DealZumo is the first stop for healthcare business owners, their M&A advisors, and buyers and capital providers.
For M&A advisors, DealZumo provides:
Online access to potential buyers focused on acquiring healthcare businesses.
Healthcare transaction data and resources to sign more healthcare listings.
For business owners, DealZumo provides:
Access to potential buyers focused on acquiring healthcare businesses.
Access to potential capital sources, including debt, equity and angel investors.
Deal management tools to assist with the dealmaking process e.g. track buyers/capital providers who have expressed interest; access industry deal comps; and close deal “to-do” lists.
Articles, white papers, webinars and templates to educate business owners about managing the deal process.
For buyers and capital providers, DealZumo provides:
Direct access to deal flow.
Quick and broad distribution of new acquisition mandates.
Real-time healthcare transaction data and healthcare policy updates that could impact deal flow.
DealZumo charges a monthly subscription fee to advisors and healthcare business owners to list their businesses for sale and capital offering projects on the platform. Buyers and capital providers can register, search, and contact sellers and capital seekers directly for free.
DealZumo continues to invest in our educational and industry reporting capabilities through internal hires and by partnering with leading providers of healthcare news and information.
By June of 2016, we plan to launch an “advisor-on-demand” service for business owners that need a little help in managing their transaction.
Make sure to request access to the business plan tab of this profile to see how you can get involved with DealZumo!