.
MergerLinks Header Logo

New Deal


Announced

Completed

Deerfield Management led a $168m Series D funding round in Crossover Health.

Financials

Edit Data
Transaction Value£121m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Private Equity

Private

Cross Border

healthcare

hospitals

Minority

Completed

Medical Services

Acquisition

Friendly

Synopsis

Edit

Deerfield Management, an investment firm dedicated to advancing healthcare through information, led a $168m Series D funding round in Crossover Health, a national healthcare organization that provides comprehensive and coordinated healthcare to self-insured employers and health plans. The round had participation from investors Perceptive Advisors, OrbiMed Advisors, Foresite Capital, Avidity Partners, SharesPost, Irving Investors, and PFM Health Sciences. "Crossover Health has created a comprehensive and highly coordinated connected system of health for employers. Our interest in backing health technology, care services, and innovative reimbursement models that have helped transform the industry aligns with the commitment of the Crossover team," Adam Grossman, Deerfield Management Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US