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Announced

Thoma Bravo to invest in Zipari.

Synopsis

Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector, agreed to invest in Zipari, a software development company. Through this investment Zipari will combine with Healthx, a provider of trusted healthcare engagement technologies. Financial terms were not disclosed. "This is an exciting day for Zipari and the culmination of six years of evolution and innovation for healthcare payers. We are very excited to begin our next chapter of growth. I’m especially excited to welcome new colleagues from Healthx and the talent and expertise they bring to our combined company. This transaction opens up new opportunities for our clients and enables payers and TPAs of all sizes to create breakthrough experiences for their consumers. We look forward to working closely with Thoma Bravo as we develop a strategic roadmap for integration and migration that advantages our clients and addresses the diverse needs of the marketplace," Mark Nathan, Zipari CEO.

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