Announced
Completed
Financials
Sources
Tags
Friendly
United States
telemedicine solutions
Medical Services
Acquisition
Completed
Single Bidder
Majority
Private
Private Equity
Domestic
Synopsis
Kayne Anderson Capital Advisors, an alternative investment firm, completed the acquisition of a majority stake in TeleMed2U, a provider of telemedicine solutions. "Our team is thrilled to have the support of a leading investment firm like Kayne Anderson to drive TeleMed2U's network expansion and better outcomes for our patients and clients. Kayne has the expertise and vision to accelerate TeleMed2U's plan to deliver value by applying targeted capital to support operational and growth initiatives, including proprietary technology development and continued population health management opportunities with payors," AJ Patel, TeleMed2U CEO.
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