Tegria, a healthcare services and solutions company headquartered in Spokane, Washington, has acquired CloudWave, which specialises in cybersecurity, cloud hosting and managed IT services for the healthcare sector. The financial terms of the acquisition were not disclosed.

The purchase extends Tegria's hosting infrastructure and brings specialised security operations into its managed services portfolio. CloudWave's security operations centre, which monitors systems and responds to threats around the clock, will be folded into that portfolio. Tegria said the combination gives healthcare organisations access to data protection, threat intelligence and enterprise cloud management from a single supplier.

Craig Mengert, Tegria's chief executive, linked the deal to the pressures facing hospitals and health systems. He said healthcare organisations face heightened cybersecurity risks and considerable operational complexity, and described the combined business as an end-to-end partner for clients at each stage of their digital development. Tegria expects its strengthened hosting offer to be more secure, scalable and resilient as a result.

Existing clients of both companies should see little change in day-to-day service, according to the announcement. Tegria said customers will keep working with the teams they already know while gaining wider resources and technical capability. The company also pointed to faster innovation, though it gave no timetable or examples.

Erik Littlejohn, CloudWave's chief executive, will become president of Tegria's Enterprise Technical Solutions division. In that role he will oversee the growth of an offering that covers hosting, cybersecurity, data and analytics, and Tier 1 application support, among other services. Littlejohn said joining Tegria would allow CloudWave's security and cloud hosting products to reach a broader platform while the company stays committed to supporting healthcare.

The transaction is the first Tegria has completed since it became a portfolio company of Altaris earlier this year. Altaris is a New York investment firm that focuses solely on acquiring and building healthcare businesses. Founded in 2003, it has invested in more than 50 companies across a range of healthcare subsectors and manages more than $9bn of equity capital. A first acquisition so soon after a change of ownership suggests the investor intends to grow Tegria through purchases as well as organic expansion, although neither company has set out a wider acquisition strategy.

Tegria describes itself as a global consulting and services company that works with provider and payer organisations. It employs more than 1,000 professionals and says it has served more than 650 clients across North America and Europe. Its standing in industry rankings is relevant to the deal. In the 2026 Best in KLAS: Software & Services report, Tegria placed second in the Overall IT Services Firm category. It also received Best in KLAS recognition for Payer IT Consulting in 2025 and for Application Hosting in 2024. The hosting award is of particular interest here, since CloudWave's core business overlaps with that area.

CloudWave serves community hospitals, health systems and specialty healthcare providers. Its service combines secure hosting, IT operations and round-the-clock threat detection and response. Smaller and mid-sized providers often lack the staff to run a dedicated security team, which is the gap such managed services are designed to fill. By restricting itself to one sector, CloudWave has built familiarity with the clinical and regulatory environment its clients operate in.

For Tegria, the acquisition adds a security capability that it previously offered mainly through partnerships and general managed services. Cybersecurity has become a standing concern for healthcare organisations, whose systems hold sensitive patient records and support care that cannot easily be interrupted. A supplier able to host applications and defend them under one contract may appeal to hospital executives who want fewer vendors to manage.

Several details remain unconfirmed. Tegria has not said how many CloudWave staff will join, whether any offices will close, or how the two companies' contracts will be consolidated. Those answers will indicate how closely the businesses are integrated and whether clients see the benefits the company has described.

‍