Announced
Completed
Financials
Sources
Tags
Acquisition
Single Bidder
private equity
Friendly
Private
Majority
Private Equity
health care
medical devices
Medical Equipment
United States
Domestic
Completed
Synopsis
A consortium of funds managed by Leonard Green & Partners, a private equity investment firm, completed the acquisition of Press Ganey, a provider of healthcare performance improvement solutions, from EQT, an investment organization. Financial terms were not disclosed. "Press Ganey plays an integral role in the US healthcare system and we have been proud to support its mission of delivering safe, high quality care for patients, and supporting the caregivers that serve them. It has been a pleasure to partner with the management team, which has done a fantastic job in continuing to advance thought leadership and product innovation across the industry," Eric Liu, EQT Partner.
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