Zelis Acquires Payspan
November 9, 2022
Zelis has completed the acquisition of Payspan, a provider of healthcare electronic payment and reimbursement automation services. The deal brings Payspan’s payment network and capabilities into the new Zelis Advanced Payment Platform to expand payment modalities and communications for payers, providers, and consumers.
- Buyers
- Zelis
- Targets
- Payspan
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Zelis Acquires Payer Compass
August 1, 2022
Healthcare Services
Zelis has completed its acquisition of Payer Compass, a provider of reimbursement and claims pricing, administration, and processing solutions. The deal adds Payer Compass' Visium SaaS platform and claims repricing capabilities to Zelis' payments and pricing suite to expand advanced claims management and out-of-network solutions for payers and self-insured employers.
-
Zelis Acquires Sapphire Digital
September 14, 2021
Healthcare Services
Zelis, a healthcare payments company, acquired Sapphire Digital, a leading healthcare consumer navigation and price-transparency platform, to integrate provider selection, pricing and patient access capabilities into its payments and consumer solutions. The acquisition (terms undisclosed) expands Zelis' consumer-facing offerings and helps clients comply with new transparency regulations; the deal closed in October 2021 after being announced in September 2021.
-
Zelis Acquires Rivet
January 12, 2026
Data & Analytics
Zelis, a Boston-based healthcare payments technology company, has acquired Rivet, an AI-enabled revenue cycle analytics provider. The acquisition brings Rivet's analytics and dashboards into Zelis' platform to improve claims payment transparency, reduce denials and administrative burden for providers, and enhance payer-provider collaboration.
-
Zelis and RedCard Complete Merger Backed by Parthenon and Bain Capital
October 4, 2019
Healthcare Services
Zelis Healthcare and RedCard Systems announced the completion of their merger to form a combined healthcare payments technology company serving payers and providers at enterprise scale. The transaction was supported by existing investor Parthenon Capital alongside Bain Capital Private Equity and Bain Capital Ventures; financial terms were not disclosed.
-
Zelis Sells Minority Stake to Mubadala, Norwest and HarbourVest
November 26, 2024
Healthcare Services
Zelis, a Boston-based healthcare technology company, sold a minority stake to a group of investors led by Mubadala Investment Company and including Norwest and HarbourVest, with Parthenon and Bain Capital remaining the majority owners. The transaction closed November 26, 2024 and brings strategic capital and investor support to fuel Zelis's continued growth in healthcare payments and financial technology.
-
Apax Partners Acquires Zellis Group from Bain Capital
April 15, 2024
Cloud & SaaS
Funds advised by Apax Partners LLP have entered a definitive agreement to acquire Zellis Group from Bain Capital. Zellis is a leading UK and Ireland payroll, HR and benefits software provider (headquartered in Bristol) with a high degree of recurring revenue, serving around one third of the FTSE 100 and processing pay for roughly 5 million people monthly; Apax said it will support further investments and M&A to accelerate growth.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.