Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider
Summary
The investment is being led by Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage Blackstone’s deep operating resources and scale to become market leaders. Blackstone’s expertise in healthcare and extensive operational resources made them our partner of choice to help fuel our continued expansion and better serve our customers in the years ahead. We are deeply grateful to our employees, for all of their hard work and dedication; our customers for their loyalty and ongoing partnership; and our Chairman, Al Waxman, and his venture fund Psilos Group, for supporting our company from the very start. The company has a leading, innovative product that their customers find highly compelling in helping them manage an increasingly complex healthcare ecosystem. Their products offer greater flexibility, a modern, simple user interface, and a cloud-compliant solution, which is well suited for the increasingly complex and data-rich healthcare environment.
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