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New Deal


Announced

Completed

Linden Capital completed the acquisition of a majority stake in Aspirion from Aquiline Capital.

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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Majority

Domestic

Single Bidder

Friendly

insurance claims management

Health Care Services

United States

Private Equity

Acquisition

Private

Completed

Synopsis

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Linden Capital, a private equity firm, completed the acquisition of a majority stake in Aspirion, a provider of technology-enabled healthcare revenue cycle management, from Aquiline Capital, a private equity firm. Varsity Healthcare Partners participated as a minority co-investor with Linden Capital Partners. Financial terms were not disclosed. "We congratulate Jason and the entire Aspirion management team on their collective roles in building a highly regarded provider of specialized RCM solutions whose differentiated capabilities help hospital systems and providers navigate a difficult operating environment characterized by increasing denial rates and growing complexity in patient clinical records. We look forward to supporting Aspirion and positioning the Company for continued growth, particularly through strategic investments in technology, product, and M&A," Kam Shah, Linden Partner.

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