Announced
Financials
Tags
Private
Software
Acquisition
United States
software platform
Friendly
Private Equity
Single Bidder
Synopsis
Warburg Pincus invested in Battery Ventures-backed WebPT, a comprehensive rehab-therapy software platform for enhancing patient care and fueling business growth. Financial terms were not disclosed. “WebPT’s growth and success over the past several years is a testament to both the company’s long-term vision and the management team’s skill in methodically executing on its growth plans,” said Battery’s Chelsea Stoner. “The company has helped thousands of clinicians in the rehab-therapy field run more efficient practices, which in turn has improved patient care. We are extremely proud to have partnered with the company to empower so many individuals and clinics in the physical therapy industry by bringing innovation, technology, and automation to their care settings.”
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