Bain Capital Acquires UST HealthProof and Merges it with HealthEdge
September 4, 2025
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.
- Buyers
- Bain Capital
- Targets
- UST HealthProof
- Sellers
- UST
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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