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Announced

Bain Capital to invest in HST Pathways and Casetabs.

Synopsis

Private equity firm Bain Capital agreed to invest in HST Pathways and Casetabs, two providers of cloud-based software. The companies will merge and be majority owned by Bain Capital. Financial terms were not disclosed. "The investment structure and partnership with Casetabs opens up new growth and synergies to create additional benefits for customers. We already share over 400 customers which will provide a strong foundation to build further success in the market place. The combined talent of both companies will broaden and deepen our ability to deliver new products and continue to be a customer-centric services organization. Together, we continue to be thought leaders in the ASC market and introduce innovations that help our customers be successful today and in the future. This investment is a reflection of our commitment and confidence in our ability to grow together with Casetabs as leaders in the health information technology space," Tom Hui, HST Founder and CEO.

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