Healthcare & Life Sciences Private Equity Deal Tracker: Bain Capital and Hellman & Friedman Acquire Athenahealth for $17 Billion

Acquisitions

▤ Summary

Athenahealth has entered into a definitive agreement to be jointly acquired by affiliates of Bain Capital and Hellman & Friedman for $17 billion, according to a news release. Athenahealth, based in Watertown, Mass., is a provider of cloud-based enterprise software solutions for medical groups and health systems. Founded in 1984, the firm invests in healthcare and several other industries, targeting companies with revenue of at least $100 million. Within healthcare, Bain Capital Private Equity targets companies in the provider services, hospital/major facilities, life sciences/pharmaceutical and non-reimbursement industries. Veritas, based in New York, is a private equity firm that primarily targets technology or technology-enabled solutions for several sectors, including healthcare.

▥ Classifications

industries
HealthTech
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Healthcare IT EHR Software Practice Management Software

▦ Linked Companies