TELEO Capital Acquires CHCS Services from Capgemini America
March 23, 2022
TELEO Capital Management, a lower middle market private equity firm, acquired CHCS Services, Inc. (a technology-enabled third-party administrator for senior health and eldercare markets) from Capgemini America, Inc. TELEO said it will invest in a digital transformation and data science capabilities to expand CHCS's offerings across long-term care and Medicare Supplement plans and support growth.
- Buyers
- TELEO Capital Management, LLC
- Targets
- CHCS Services, Inc.
- Sellers
- Capgemini America, Inc.
- Industry
- Healthcare Services
- Location
- Idaho, United States
- Transaction Type
- Buyout
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