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Announced

Completed

Blackstone-backed HealthEdge Software completed the acquisition of Wellframe.

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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Majority

United States

Private Equity

Domestic

Private

Health Care Services

Single Bidder

health management solutions

Acquisition

Friendly

Completed

Synopsis

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Blackstone-backed HealthEdge Software, a software company, completed the acquisition of Wellframe, a digital health management company. Financial terms were not disclosed. “Wellframe’s consumer-facing mobile application will extend our industry-leading clinical care management platform to close the last mile between the health plan and the consumer. I’m energized by our common mission to drive a digital revolution in healthcare through transaction automation and enablement of real-time business and clinical engagement among payers, providers and consumers," Steve Krupa, HealthEdge CEO.

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