TPG Capital acquired Convey Health Solutions from New Mountain Capital.

TPG Capital acquired Convey Health Solutions, a leading provider of technology-enabled and advisory solutions for health plans, from New Mountain Capital. Financial terms of the transaction were not disclosed. “Our proprietary technology and highly-skilled team are creating and driving compliant, innovative, and comprehensive approaches to serving our clients,” said Stephen Farrell, CEO of Convey. “Partnering with TPG will help fuel our next stage of growth. Their industry expertise, ability to identify acquisition targets, and deep understanding of how to build and operate leading healthcare platforms make TPG a great fit for Convey. We want to thank New Mountain for their strong support throughout our partnership and the important role they played in helping us transform the company into to a technology-based market leader.”