Parthenon Capital Makes Strategic Growth Investment in Medical Review Institute of America
July 8, 2024
Parthenon Capital has made a strategic growth investment in Medical Review Institute of America (MRIoA), a Salt Lake City–based provider of utilization management and clinical review solutions for payers. Summit Partners and MRIoA management will retain significant positions following the transaction; financial terms were not disclosed. Mizuho (and affiliate Greenhill & Co.) served as MRIoA's financial advisor and Kirkland & Ellis advised Parthenon.
- Buyers
- Parthenon Capital
- Targets
- Medical Review Institute of America
- Sellers
- Summit Partners
- Industry
- Healthcare Services
- Location
- Utah, United States
- Transaction Type
- Growth capital
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