Servizi
EQT to acquire GeBBS Healthcare Solutions, a leading healthcare technology solutions provider
EQT Private Capital Asia will support the Company's next phase of accelerated growth and innovation, drawing on EQT's deep experience in the healthcare technology segment, global network of industry experts and dedicated digital value-creation team.
Hari Gopalakrishnan , Partner in the EQT Private Capital Asia advisory team and Head of EQT Private Capital India, said: "Healthcare technology is a key investment theme for EQT. GeBBS has developed a robust business with a clear focus on supporting healthcare providers through industry leading solutions. We see strong alignment between GeBBS' growth ambitions and EQT's experience in creating long-term value. We look forward to supporting the team through EQT's proven value creation playbook to further accelerate GeBBS' growth momentum."
"We are excited to welcome an investor of EQT's stature, whose profound expertise in healthcare and technology services promises to be a game-changer as we embark on the next thrilling chapter of GeBBS", said Dr. Milind Godbole , CEO and Managing Director of GeBBS. "EQT has an impressive track record of building and scaling technology and business services platforms successfully. With a strong foundation built under ChrysCapital's ownership, we believe we are well positioned to take GeBBS to the next level under EQT's ownership using its well proven value creation playbook."
Akshat Babbar , Managing Director, ChrysCapital Advisors, said,"We are extremely glad to have partnered with GeBBS Healthcare. The Company's deep capabilities and technological prowess make it the partner of choice for large health systems in the US. Since our investment, the Company has delivered industry-leading organic growth and, through four key acquisitions, added new competencies and expanded its global footprint. We wish EQT all the best as they continue the journey and take GeBBS to new heights."
EQT Private Capital Asia was advised by Ropes & Gray, JSA Law, Deloitte Touche Tohmatsu Limited, and PricewaterhouseCooper. The selling shareholders were advised by Jefferies and Avendus.
With this transaction, BPEA Private Equity Fund VIII is expected to be 70-75 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication). The transaction is expected to close in Q4 2024.
EQT Press Office, press@eqtpartners.com
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content: https://www.prnewswire.co.uk/news-releases/eqt-to-acquire-gebbs-healthcare-solutions-a-leading-healthcare-technology-solutions-provider-302241637.html