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New Deal


Announced

Completed

Thompson Street-backed RMS completed the acquisition of OrboGraph from KLA.

Financials

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

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Friendly

Completed

Private Equity

Domestic

Private

United States

Acquisition

fintech

revenue management solutions

FinTech

Single Bidder

Majority

Synopsis

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Thompson Street-backed Revenue Management Solutions, a developer of revenue cycle management software, completed the acquisition of OrboGraph, a provider of automated healthcare payments reconciliation services, from KLA, a provider of equipment and services that enable innovation throughout the electronics industry. Financial terms were not disclosed. "This acquisition brings together two great assets in RMS and OrboGraph. I look forward to working with RMS to integrate the healthcare services of the businesses and to continue to lead and focus on the growth of our check business as a stand-alone division within RMS,” Barry Cohen, OrboGraph CEO.

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