Performance-measurement and data company Quture, Port Orange, Fla., announced it signed a definitive agreement to be acquired by Techs Loanstar, West Palm Beach, Fla.
Techs Loanstar to acquire Quture
Techs Loanstar previously provided loan-management services and software for the equity and payday-loan industry. In 2010, it adopted a business model focused on seeking opportunities in the social-network industry.
Quture provides healthcare organizations, insurers, government payers and others with performance measurement tools and data and plans to develop a product that measures clinical performance from multiple vendor databases. The deal will give Quture access to capital markets, according to a Quture news release.
Closing is subject to customary approvals and due diligence, according to the release.
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