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New Deal


Announced

Completed

Leonard Green & Partners completed the acquisition of Press Ganey from EQT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

private equity

Friendly

Private

Majority

Private Equity

health care

medical devices

Medical Equipment

United States

Domestic

Completed

Synopsis

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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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