Accel-KKR Acquires Majority Stake in Surgical Information Systems; Norwest Retains Minority
October 19, 2020
Accel-KKR completed a majority equity investment in Surgical Information Systems (SIS) on October 15, 2020, in a recapitalization that sees Norwest Equity Partners retain a minority ownership stake and invest alongside Accel-KKR. The transaction will support SIS’s growth and accelerate adoption of its cloud-based EMR and perioperative SaaS offerings for ambulatory surgery centers and hospitals; financial terms were not disclosed.
- Buyers
- Accel-KKR, Norwest Equity Partners
- Targets
- Surgical Information Systems
- Sellers
- Norwest Equity Partners
- Industry
- Healthcare Services
- Location
- Georgia, United States
- Transaction Type
- Recapitalization
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