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New Deal


Announced

Completed

Bain Capital led a $215m Series F round in HeartFlow.

Financials

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Transaction Value£172m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Minority

diagnosis

Medical Services

digital health

Friendly

Completed

Private Equity

United States

Private

Venture Capital

Cross Border

Synopsis

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Bain Capital, an American private investment firm, led a $215m Series F round in HeartFlow, a precision heart care company, with participation from Janus Henderson Investors, Baillie Gifford, Capricorn Investment Group, Hayfin Capital Management, HealthCor, Martis Capital, USVP and Wellington Management. "HeartFlow has built a strong intellectual property portfolio, brought to market the only combined anatomy, physiology, and plaque analysis to help diagnose and treat heart disease, and is now in over 725 hospital systems worldwide with over 180k patients served to date. The oversubscription of our Series F funding round, particularly in the current market backdrop, is a strong validation of our technology, our team, and the opportunity in front of us. We appreciate the support of our investors, both existing and new, who share HeartFlow's vision to build a new standard of care for people at risk of heart disease," John Farquhar, HeartFlow CEO.

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