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New Deal


Announced

Completed

Vista Equity Partners led a $400m funding round in Olive.

Financials

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Transaction Value£289m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Venture Capital

Acquisition

Software

artificial intelligence

United States

Minority

Friendly

Private

Completed

Domestic

healthcare technology

Synopsis

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Vista Equity Partners, a global investment firm, led a $400m funding round in Olive, an automation company, valuing the company at $4bn. The round was joined by Base10 Partners, a venture capital firm. "At Vista, we believe in the transformative power of technology and see incredible potential in Olive's ability to connect healthcare providers in new ways. We believe the company's AI capabilities are poised to deliver true disruption to the healthcare industry through automating and optimizing workflows, improving interoperability and turning critical data into actionable insights. We look forward to working closely with Olive's management team as they continue to execute on their vision," Monti Saroya, Vista Co-Head of Flagship Fund and Senior Managing Director.

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