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Announced

Press Ganey to acquire SPH Analytics from STG.

Financials

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

Tags

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Private

United States

Pending

health care solutions

Health Care Services

Acquisition

Majority

Domestic

Friendly

Single Bidder

Private Equity

Synopsis

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Press Ganey, a provider of health care consumer and workforce engagement solutions, agreed to acquire SPH Analytics, a provider of member experience measurement and engagement, from Symphony Technology Group, an American private equity firm based in Palo Alto. Financial terms were not disclosed. "SPH has created unrivaled impact within the health plan segment helping our clients earn the highest levels of member experience and engagement while driving sustained performance improvement. We look forward to our next chapter with Press Ganey and building upon this strong foundation to immediately bring even greater value to those we serve," Amy Amick, SPH Analytics CEO.

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