EQT Private Capital Asia's Strategic Move in Healthcare Equity with GeBBS

Monday, 9 September 2024, 00:30

EQT Private Capital Asia is set to acquire GeBBS Healthcare Solutions, strengthening its position in healthcare equity. This acquisition targets revenue cycle management (RCM) services, which are crucial in the complex healthcare landscape of the United States. The deal will enhance GeBBS's growth potential amid increasing demand for health information management.
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EQT Private Capital Asia's Strategic Move in Healthcare Equity with GeBBS

Strategic Acquisition of GeBBS Healthcare Solutions

EQT Private Capital Asia, affiliated with BPEA Private Equity Fund VIII, aims to acquire a controlling stake in GeBBS Healthcare Solutions, a notable healthcare outsourcing provider focusing on revenue cycle management (RCM) and medical billing services. This acquisition, from ChrysCapital, is projected to bolster GeBBS's growth due to rising demand for RCM services.

Enhancing Healthcare Technology Capabilities

The acquisition, valued around $850 million, will significantly enhance GeBBS's in-house technology capabilities and expand its reach into new customer segments. EQT intends for this move to fuel further M&A activity within GeBBS, reflecting its commitment to investing in healthcare technology.

  • Focus on Long-term Value
  • GeBBS employs over 13,000 personnel across multiple countries.
  • Expansion achieved under ChrysCapital's ownership includes several strategic acquisitions.

According to Hari Gopalakrishnan, Partner at EQT Private Capital Asia, this venture aligns perfectly with GeBBS's growth ambitions and EQT's established expertise in creating sustainable value in the healthcare sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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