Announced
Financials
Tags
patient engagement platform
Online and Social Platforms
Single Bidder
Majority
United States
Private
Pending
Private Equity
Acquisition
Friendly
Domestic
Synopsis
Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, agreed to invest in Clearwave, one of the fastest-growing SaaS platforms in digital patient engagement, from Frontier Growth, a software private equity firm. Financial terms were not disclosed. “The Company has tremendous potential to capitalize on the opportunities ahead amid significant tailwinds in the patient-engagement space, and we look forward to helping strengthen its position at the forefront of consumer-focused healthcare. Healthcare continues to be a strategic area of focus for Great Hill and this transaction further builds on our strong track record of partnering with innovative companies in the space,” Rafael Cofiño, Great Hill Partners Managing Director.
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