Client Deal Spotlight: WhiteCloud Analytics Acquired by Relias

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Boise, ID — Stoel Rives LLP congratulates its client WhiteCloud Analytics on its sale to a subsidiary of Relias Learning, which is owned by the German mega-conglomerate Bertelsmann. The acquisition, for an undisclosed sum, was announced on June 6.

WhiteCloud Analytics, founded by CEO Bob Lokken and President Jeff Rutherford in 2009, developed the WhiteCloud® Healthcare Performance Management Platform, technology that is designed to help health systems optimize their caregiving, improve their financial health and streamline their operational efficiency. WhiteCloud has worked with clients such as Delta Dental, St. Luke’s, IASIS Healthcare and Montefiore Medical Center.

Relias Learning offers online training to various types of health care providers. The company has acquired seven companies since March 2016. According to Lokken, the merger with Relias was the best fit, based on culture and potential, to help WhiteCloud raise capital and accelerate its growth. WhiteCloud will remain in Idaho.

The Stoel Rives deal team was led by Paul Boyd, with attorneys Nick Taylor and Marc Therrien, paralegal Theresa Howe and assistance from staff in the firm’s Boise office.

Key Contributors

Nicholas L. Taylor
Marc Therrien
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