HealthEdge Software Acquires The Burgess Group

Bain Capital to Acquire HealthEdge from Blackstone Funds

April 8, 2025

Cloud & SaaS

Bain Capital's Private Equity team has agreed to acquire HealthEdge, a Burlington, Massachusetts–based healthcare SaaS platform, from funds managed by Blackstone. Financial terms were not disclosed; the transaction is expected to close in Q2 2025 and positions Bain to accelerate HealthEdge's product growth and GenAI enablement for health plans.

MSCI Acquires The Burgiss Group (Burgiss)

October 2, 2023

Data & Analytics

MSCI Inc. has completed its acquisition of The Burgiss Group (Burgiss), a market-leading provider of data, analytics and technology solutions for investors in private assets. The deal, originally announced on August 14, 2023, expands MSCI's private-assets capabilities and aims to increase transparency for investors in private markets.

ABOUT Healthcare Acquires Edgility

April 19, 2024

Healthcare Services

ABOUT Healthcare, a Rubicon-backed provider of hospital operations SaaS, has acquired Edgility, a Tampa-based AI and analytics platform that optimizes patient flow and discharge velocity. The add-on expands ABOUT’s care orchestration capabilities with real-time predictive and prescriptive analytics to support system-wide patient flow, command center strategies, and transitions to post-acute and behavioral health settings.

Blackstone Acquires Majority Stake in HealthEdge Software

April 9, 2020

Cloud & SaaS

Funds managed by Blackstone, led by its growth equity team, have acquired a majority stake in HealthEdge Software, a provider of cloud-native Core Administrative Processing Systems (CAPS) for health payors. Blackstone said it will support HealthEdge’s expansion and product development; terms were not disclosed.

GroupBy Inc. Acquires Edgecase

June 5, 2017

Cloud & SaaS

GroupBy Inc., a Toronto-based eCommerce search and merchandising provider, has acquired Austin-based product data enrichment software company Edgecase. The acquisition integrates Edgecase’s product data intelligence into GroupBy’s Searchandiser platform to create an end-to-end site search and merchandising solution; terms were not disclosed.

Bain Capital Acquires UST HealthProof and Merges it with HealthEdge

September 4, 2025

Cloud & SaaS

Bain Capital acquired UST HealthProof from UST and completed a merger with HealthEdge to form a combined, AI-powered payer technology and services company that will operate as HealthEdge and is headquartered in Boston. Financial terms were not disclosed; the combined company will offer an end-to-end, cloud-based claims platform and tech-enabled services for health plans, reaching over 110 million lives.