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New Deal


Announced

Completed

Press Ganey completed the acquisition of Forsta from EQT and Verdane.

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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Private Equity

Software

United States

Majority

Acquisition

Domestic

Private

Friendly

Single Bidder

software developer

Completed

Synopsis

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Press Ganey, a provider of healthcare performance improvement solutions, completed the acquisition of Forsta, a provider of customer experience and market research software, from private equity firms EQT and Verdane. Financial terms were not disclosed. “This alliance propels Press Ganey into a new future. Our unparalleled excellence in healthcare consulting, and proprietary data and analytics, will soon be infused with even more innovation and speed by Forsta’s world-class experience and research technology platform. I’m beyond thrilled to welcome Forsta to the Press Ganey family. This is a huge leap forward in helping our customers to do their jobs better every day," Patrick T. Ryan, Press Ganey Chairman and CEO.

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