Announced
Financials
Tags
Pending
Private Equity
telemedicine
Single Bidder
United States
Health Care Services
Majority
Friendly
Private
Acquisition
Domestic
Synopsis
Aquiline Capital Partners, a private investment firm, agreed to acquire Avera eCare, a virtual health networks provider, from Avera Health, a medical center provider. Financial terms were not disclosed. “Avel eCare has developed an innovative solution that provides critical services to underserved communities in the growing telemedicine market. It aligns with our expertise in establishing corporate carve-outs and helping to build tech-enabled service businesses. We look forward to building on Avel eCare’s strengths and working closely with the management team to expand their services and enhance their offerings for clients around the country,” Jeff Greenberg, Aquiline Chairman and CEO.
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