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New Deal


Announced

Completed

Parthenon Capital and Bain Capital-backed Zelis completed the acquisition of Payer Compass from Spectrum Equity and Health Enterprise Partners for £147m.

Financials

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Transaction Value£147m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

United States

Private

Single Bidder

healthcare technology

Health Care Services

Acquisition

Domestic

Friendly

Digital Services

Majority

Private Equity

Synopsis

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Parthenon Capital and Bain Capital-backed Zelis, a healthcare payments and pricing company, completed the acquisition of Payer Compass, a provider of reimbursement and claims pricing, administration, and processing solutions, from Spectrum Equity, a growth equity firm, and Health Enterprise Partners, a healthcare-focused investment firm, for £147m. The acquisition enables Zelis to evolve and expand our best-in-class solutions for out-of-network healthcare services for clients. “We’re thrilled to complete the acquisition of Payer Compass and join our organizations. Zelis is on a mission to create a better healthcare financial experience for all, and the powerful combination of our technology and teams advances us in achieving that aim," Amanda Eisel, Zelis CEO.

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