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Announced

Completed

5th Century Partners completed the acquisition of Perspecta.

Synopsis

5th Century Partners, a purpose-driven private investment firm, completed the acquisition of Perspecta, a provider of physician directories and data management solutions in workers' compensation, government and commercial healthcare. Financial terms were not disclosed. "There are critical conversations happening across the healthcare ecosystem calling for better cost containment and price transparency. We expect these trends to continue and believe Perspecta has the solutions to help the industry meet these needs. I've known the Perspecta team for a decade, and the company's experienced leaders have the ability to understand the opportunities and execute. We're pleased to formalize our relationship as we work together to continue to grow the business and contribute to moving the healthcare industry forward for the benefit of all stakeholders," Marques Torbert, 5th Century Partners Managing Partner.

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