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New Deal


Announced

Completed

Clearlake Capital and Insight Partners-backed Appriss Health completed the acquisition of PatientPing for $500m.

Financials

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Transaction Value£360m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Software

Acquisition

medical software

Private

United States

Private Equity

Domestic

Single Bidder

Completed

healthcare technology

software development

Synopsis

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Clearlake Capital and Insight Partners-backed Appriss Health, a provider of cloud-based care coordination software and analytics solutions, completed the acquisition of PatientPing, a care coordination data and software provider, for $500m. "Through our combined technology solutions, clinicians and care teams will be able to connect and collaborate on a common platform to better support their patients' whole physical and behavioral healthcare experience. Together, we are well-positioned to deliver on one of the most significant issues facing our nation today – behavioral health care coordination. We have the joint technologies in place to not only benefit providers across the healthcare system, but also to improve public health for the better," Rob Cohen, Appriss Health President.

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