mynth
11/2026Carve-outAdd-on / Bolt-on

Epic River acquired by Teslar Software

UNITED STATES Software / Industry-Specific Software REV 1m USD - 100m USD

Context

Teslar Software acquired the patient lending division of Epic River from Kinective on 10 November 2026, in a carve-out leaving the remainder of Epic River with the seller. Customers of the acquired business continue to use their existing integrations through a partnership maintained between the two companies. Epic River’s patient lending division operates a platform through which healthcare providers offer their patients instalment payment plans for medical bills, funded by a local bank or credit union rather than by the provider itself. The provider receives payment immediately, the lender holds the receivable and collects from the patient over the agreed term. Each party gains something from that arrangement. The hospital or clinic converts an uncertain receivable into cash and ceases to pursue payment itself, the patient obtains terms at a rate below what a credit card would charge, and the bank acquires a loan originated in its own community without the cost of attracting the borrower. Medical debt has become a substantial category of American household borrowing, much of it carried on credit cards or left unpaid, which has drawn both lenders and regulators to the manner in which it is financed. Kinective had acquired Epic River in 2025 for its document workflow technology, and the patient lending activity sat apart from that purpose, while Teslar already supplies the lending systems of community banks and had entered a partnership with Kinective in September 2026 under which its electronic signature technology became the preferred option within Teslar’s loan origination system.

Epic River, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only].

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Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2026
$1–100M
[members only]
[members only]
2025
$1–100M
[members only]
[members only]

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REFERENCES

Revenue range: REV 1m USD - 100m USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Epic River by Teslar Software are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: epic river

FAQ

What transaction does this page cover?

This page covers the acquisition of Epic River, an American company specialised in Industry-Specific Software, by Teslar Software in 2026, in a carve-out transaction (as an add-on transaction expanding an existing business platform).

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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