Announced
Completed
Financials
Sources
Tags
Acquisition
healthcare billing
Private Equity
Private
Domestic
United States
Majority
Single Bidder
Merger
Health Care Services
Friendly
Completed
Synopsis
Varsity Healthcare Partners-backed DuvaSawko, a provider of emergency medicine revenue cycle management services, completed the merger with abeo Management, a provider of healthcare billing services. Financial terms were not disclosed. “We are excited to join with the recognized leadership of DuvaSawko and their capital partners, Varsity Healthcare Partners. This strategic combination will enable both businesses to benefit from greater scale, diversification, and enhanced sales, service and managerial infrastructure. We also expect continuing growth, through renewed investment in identified organic opportunities and a well-developed acquisition strategy that will add complimentary tools and technology to our service capabilities,” Michael O’Boyle, abeo CEO.
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