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WindRose Health Investors completed an investment in Third Wave Recovery Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
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EV/EBITDA-
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United States

Private Equity

Majority

Completed

health care

administration services

Private

Friendly

Acquisition

Domestic

Single Bidder

Business Process Outsourcing

Synopsis

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WindRose Health Investors, a healthcare private equity firm, completed an investment in Third Wave Recovery Systems, a provider of rebate administration services for hospitals, long-term care facilities, and select specialty physician groups. Financial terms were not disclosed. "The acquisition of SRX cements TWRx as the premier platform within the rebate and prescription drug management space. We believe that the Company will continue to build upon its existing service offering to create further value for its clients. We are excited to partner with Dr. Moskow, Ed, and the rest of the TWRx team as they solidify TWRx as the highest quality rebate management company in the industry," Alex Buzik, WindRose Partner.

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