symplr Closes Its Acquisition Of Phynd
Summary
"The addition of Phynds provider data management capabilities reinforces symplrs leadership in healthcare GRC, complementing its existing product suite and further enhancing its enterprise SaaS platform for hospitals, health systems and payers," said Behdad Eghbali, Co-Founder and Managing Partner, and Prashant Mehrotra, Partner, of Clearlake. "This acquisition represents an exciting milestone as symplr complements its presence in the provider management market with a proven, scalable solution that drives efficiencies in healthcare GRC," said Claude Burton, Partner, and Jordan Milich, Principal, of SkyKnight. "The acquisition bolsters symplrs offerings and is an exciting step toward delivering an even more comprehensive end-to-end healthcare GRC SaaS platform." Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. SkyKnight makes long-term investments into high quality businesses in acyclical growth sectors alongside exceptional management teams.
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