Announced
Completed
Financials
Tags
Friendly
Minority
Completed
United States
health
Health Care Services
Acquisition
Domestic
Private
Private Equity
Single Bidder
Synopsis
Vestar Capital, a middle-market private equity firm, completed the acquisition of a minority stake in Nox Health, a sleep health company. Financial terms were not disclosed. “We are delighted to welcome Vestar as a strategic investment partner to help us accelerate our growth. We were looking for a partner with relevant and credible experience and found it in Vestar. Today’s fee for service healthcare economy places the onus on the consumer to navigate a gated health care experience — especially detrimental to sleep health. At Nox, we enable a consumer-centric experience, leveraging our state-of-the-art technology portfolio and value-based sleep management solutions to simplify access, reduce costs and improve health outcomes," Sigurjon Kristjansson, Nox Health CEO.
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