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Announced

Completed

Bain Capital-backed LeanTaaS completed the acquisition of Hospital IQ.

Financials

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

Tags

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Private Equity

Majority

analytics platform

Private

Domestic

Completed

Online and Social Platforms

Friendly

United States

Acquisition

Single Bidder

Synopsis

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Bain Capital-backed LeanTaaS,a Silicon Valley-based leading provider of AI-powered and SaaS-based capacity management and patient flow software for health systems, completed the acquisition of Hospital IQ, a provider of intelligent automation solutions for hospitals. Financial terms were not disclosed. “We are thrilled to welcome Hospital IQ, a company that shares our passion and expertise for operational optimization in healthcare. The strategic combination of LeanTaaS and Hospital IQ unites the two best companies in hospital operations at a time of profound industry need. Every health system in the country has an urgent need to improve the utilization of both staff and assets to improve patient access. By joining forces, we will be able to offer our customers an unparalleled platform for optimizing their operations and improving patient care,” Mohan Giridharadas, LeanTaaS founder and CEO.

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