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New Deal


Announced

Completed

Resurgens Technology Partners completed the acquisition of Valant from Gemspring Capital.

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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Domestic

Majority

healthcare software platform

United States

Health Care Services

behavioral health services

Acquisition

Private

Private Equity

Friendly

Single Bidder

Completed

Synopsis

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Resurgens Technology Partners, an Atlanta-based private equity firm, completed the acquisition of Valant, a provider of SaaS-based electronic health record and practice management software for behavioral health providers, from Gemspring Capital, a middle-market private equity firm. Financial terms were not disclosed. "As we've scaled our business to meet the needs of behavioral health providers across the country, Gemspring has been a tremendous partner to Valant and has helped us drive product innovation and develop our go-to-market strategy. We look forward to continuing the strong momentum we've built under Gemspring's stewardship with the Resurgens team," Ram Krishnan, Valant CEO.

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