THL and Premier Lead $50M Growth Investment in Qventus
February 28, 2022
Qventus announced a $50 million growth capital round led by Thomas H. Lee Partners with a strategic partnership and investment from Premier, Inc.; ThedaCare and existing investors Bessemer Venture Partners, Mayfield, and Norwest Venture Partners also participated. The funding and partnership will help Qventus expand its AI-powered care-operations platform across additional hospitals and health systems and enable product enhancements that leverage Premier’s data assets.
- Buyers
- Thomas H. Lee Partners, Premier, Inc., ThedaCare, Bessemer Venture Partners, Mayfield, Norwest Venture Partners
- Targets
- Qventus, Inc.
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Sixth Street Growth Leads $50M Equity Investment in VisiQuate
July 13, 2021
Healthcare Services
VisiQuate, an AI-powered healthcare revenue cycle analytics and automation provider headquartered in Santa Rosa, California, received a $50 million equity investment from Sixth Street Growth. The growth capital will accelerate VisiQuate's product and go-to-market expansion—advancing its Ana cognitive platform and revenue-cycle automation capabilities; Lee Mooney of Sixth Street will join VisiQuate's board.
-
Revelstoke Capital Partners Makes Growth Investment in MediQuant
September 4, 2024
Healthcare Services
Revelstoke Capital Partners, a Denver-based healthcare private equity firm, announced a significant growth investment in MediQuant, a provider of cloud-based data archiving and interoperability solutions for hospitals and health systems. The investment (Revelstoke Fund III) will support expansion of MediQuant's DataArk platform and capabilities; terms were not disclosed.
-
Thomas H. Lee Partners Leads $100M Series D Investment in FourKites
March 24, 2021
Transportation
Thomas H. Lee Partners (THL) led a $100 million Series D growth round in FourKites, a Chicago-based real-time supply chain visibility software provider. Strategic investors Zebra Technologies, Volvo Group Venture Capital and Qualcomm Ventures joined the financing to help FourKites accelerate product innovation, expand market penetration and pursue organic and inorganic growth initiatives.
-
Patient Square Capital Acquires Premier, Inc.
November 25, 2025
Healthcare Services
Patient Square Capital, a healthcare-focused investment firm, has completed its $2.6 billion acquisition of Premier, Inc. Under the deal, Premier will be taken private, delisted from Nasdaq, and Premier stockholders will receive $28.25 per share in cash. The transaction positions Patient Square to grow Premier's technology-driven data, analytics, supply chain and consulting offerings.
-
Diatonic Healthcare Makes Majority Growth Investment in Quantix
May 8, 2025
Staffing & HR
Miami-based private equity firm Diatonic Healthcare has made a majority growth investment in Denver-headquartered Quantix Consulting, a 23-year IT and cybersecurity staffing specialist serving healthcare and other regulated industries. The capital will be used to accelerate Quantix’s product and service innovation, support growth initiatives and sponsor future add-on acquisitions; Quantix’s founder and CEO Michael Haase will remain involved following the transaction.
-
Patient Square Capital Acquires Premier, Inc.
November 25, 2025
Healthcare Services
Patient Square Capital, a healthcare-focused private equity firm, is acquiring Premier, Inc. in a take-private transaction approved by Premier stockholders. Under the deal Premier stockholders will receive $28.25 per share (a ~23.8% premium) and the transaction — valued at roughly $2.6 billion — was expected to close on or about November 25, 2025.
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.