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New Deal


Announced

Completed

Tiger Global led a $200m funding round in Cedar.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Digital Services

health care technology

patient engagement

United States

Minority

Private

Acquisition

Private Equity

Completed

Domestic

Synopsis

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Tiger Global, an investment firm, led a $200m funding round in Cedar, a patient payment and engagement platform for hospitals, health systems and medical groups. Additional Investors include Andreessen Horowitz, Concord Health Partners and Thrive Capital. "The coronavirus pandemic has motivated health-care businesses to become more efficient and use products such as Cedar’s. The crisis has shown how important it is to invest in the digital experience,” lorian Otto, Cedar Co-Founder and CEO.

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