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CFA Advises Medigistics, Inc. in Sale to Etransmedia Technology, Inc.

Corporate Finance Associates advises Medigistics

CodeRed TombstoneLos Angeles, CA – January 22, 2014 – Corporate Finance Associates, an international investment banking services firm providing merger and acquisition, business valuation, capital resource and financing advisory services, announced that it was the advisor in the acquisition of Medigistics, Inc. by Etransmedia Technology, Inc.

Medigistics, based in Columbus, Ohio, is a full service, multi-specialty medical billing and accounts receivable management solution providing services to physicians and other health care providers in Ohio, Kentucky, Pennsylvania, West Virginia and Michigan. For over 50 years, Medigistics has worked to establish partnerships with the top physician organizations in the communities it serves.

Etransmedia Technology, Inc., headquartered in Troy, NY, is a leading national provider of information solutions to the healthcare industry offering comprehensive software, service and connectivity solutions to simplify critical functions in the healthcare community. The addition of Medigistics’ products and services portfolio and geographic reach both broadens and strengthens Etransmedia’s positioning in the marketplace.

"It was a distinct pleasure working with Medigistics and Etransmedia. It is always professionally satisfying to see a partnership form where the opportunities for collaboration and growth are so immediately evident", said Robert St. Germain, Managing Director and Principal, CFA Columbus, lead advisor in the transaction.

About Corporate Finance Associates

Celebrating more than 56 years of service, Corporate Finance Associates is a major investment banking firm, with over 20 offices across North America and Canada, 3 in India and 16 partner offices in Brazil, China and throughout Europe providing middle-market companies with a wide range of M&A advisory services and access to capital resources. From project inception to completion, a senior securities licensed and registered principal guides clients through every challenge, advocates on their behalf, and leverages CFA's experience and extensive resources. More information is available via the internet at

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Media Contact:
Corporate Finance Associates
Kim Levin