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Announced

Completed

Lovell Minnick Partners completed the investment in ACU-Serve.

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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revenue cycle management

Single Bidder

United States

Majority

billing services

Information / Data Services

Acquisition

Private

Private Equity

Domestic

Completed

Friendly

Synopsis

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Lovell Minnick Partners, a private equity firm focused on investments in financial services, business services, and financial technology companies, completed the investment in ACU-Serve, a provider of end-to-end revenue cycle management. Financial terms were not disclosed. "We share a common goal of not only growing our business but also strengthening our relationships with our clients. With LMP's track record of success in the industry, we are confident that together, we will provide our clients with even greater value, reinforcing our commitment to customer service and technology innovation. We are thrilled to find a partner who supports our vision for growth and one who brings additional resources to help us accomplish our objective of helping more clients, who, in turn, provide critical care to patients in need," Jim Knight, ACU-Serve CEO.

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