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New Deal


Announced

Patricia Industries-backed Sarnova to acquire Digitech and R1 RCM.

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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Private

Single Bidder

hospital industry software developer

Software

United States

Majority

Merger

Pending

Private Equity

Friendly

Acquisition

Domestic

Synopsis

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Patricia Industries-backed Sarnova, a specialty distributor of healthcare products, agreed to acquire Digitech, a provider of advanced billing and technology services, and R1 RCM, a provider of technology-enabled revenue cycle management services. Financial terms were not disclosed. "We are incredibly excited to continue our investment in Digitech and we look forward to helping Digitech, in partnership with Sarnova, increase its presence in the EMS industry and continue to innovate its core offerings," Art Roselle, Pamlico Partner.

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