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New Deal


Announced

Completed

GTCR completed the acquisition of Cloudbreak Health from UpHealth for $180m.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Private Equity

Friendly

United States

language interpretation

Health Care Services

Domestic

Majority

Single Bidder

Completed

Synopsis

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GTCR, a private equity firm, completed the acquisition of Cloudbreak Health, a provider of tech-enabled, healthcare-focused language interpretation services, from UpHealth, a multi-condition direct-to-patient healthcare platform, for $180m. "We are excited to partner with Cloudbreak and its talented team to drive this market leading business forward. Cloudbreak delivers a strong value proposition to its healthcare clients, improving quality of care and patient satisfaction," Geoffrey Tresley, GTCR Principal.

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