Portfolio

ikaSystems Corporation

Provides enterprise-level Web-based technologies for commercial, Medicare and Medicaid lines of business


Web-based technology solutions for health insurers

ikaSystems was a technology platform providing web-based, software as a service (“SaaS”) solutions for healthcare payers. The Company’s products delivered business automation and process solutions that generated cost savings for customers in their commercial, Medicare, Medicaid and ACO lines of business. Headquartered in Southborough, MA, the Company had over 300 employees. In November 2015, Blue Cross Blue Shield of Michigan announced that ika Systems had become an independent subsidiary of Blue Cross Blue Shield.

  • Southborough, MA

  • Contact:
  • Acquisition
  • Acquired by: Blue Cross of Michigan
  • Exit date: March 15, 2016

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“Essex Woodlands has been an invaluable partner helping to guide us through a critical stage of our growth. Their financial and strategic support, combined with their insight and considerable industry experience, has accelerated our emergence as the preferred choice in the market.”

Joe Marabito

Chief Executive Officer

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