Announced
Completed
Financials
Tags
Friendly
Single Bidder
Private
medical devices
Medical Equipment
United States
Private Equity
Acquisition
Completed
Majority
Synopsis
A consortium of funds managed by affiliates of Ares Management, Leonard Green & Partners, and other co-investors completed the acquisition of Press Ganey, a provider of safety, quality, patient experience and workforce engagement solutions for healthcare organizations in the US, from a private equity firm EQT Partners for $4bn. "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 Partners Partner.
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