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Announced

Completed

GI Partners and TA Associates completed an investment in Rectangle Health.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Payments / Commerce

Private

Private Equity

United States

Acquisition

Completed

payments solutions

Friendly

Minority

Single Bidder

Synopsis

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Private equity firms GI Partners and TA Associates completed an investment in Rectangle Health, a provider of healthcare financial technology. Financial terms were not disclosed. "It has been a pleasure partnering with TA Associates over the past four years to build Rectangle Health into a leader in the healthcare market. We are excited to create our next chapter in partnership with GI Partners and TA, with a continued focus on organic growth and M&A," Dominick Colabella, Rectangle Health CEO.

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