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New Deal


Announced

Completed

Waystar completed the acquisition of HealthPay24 from EngageSmart.

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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United States

enterprise patient payment

Acquisition

Private

Domestic

Completed

Friendly

patient-facing solutions

Health Care Services

Majority

Single Bidder

Synopsis

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Waystar, a provider of healthcare payments technology, completed the acquisition of HealthPay24, an enterprise patient payment platform, from EngageSmart, a provider of vertically tailored customer engagement software and integrated payments solutions. Financial terms were not disclosed. "EngageSmart is proud to have developed HealthPay24 to become a premier enterprise patient payment platform that both patients and providers can trust. We’re confident that Waystar is the right owner to unlock HealthPay24’s full potential moving forward," Bob Bennett, EngageSmart CEO.

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