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Announced

Great Hill Partners to invest in Clearwave.

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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patient engagement platform

Online and Social Platforms

Single Bidder

Majority

United States

Private

Pending

Private Equity

Acquisition

Friendly

Domestic

Synopsis

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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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