Annuity Health (Pine Tree Equity) Acquires Arcadia Recovery Bureau
March 1, 2020
Annuity Health Holdings, a portfolio company of Pine Tree Equity, acquired Arcadia Recovery Bureau in March 2020 as its third add-on acquisition. Arcadia, founded in 1973 and headquartered in Reading, Pennsylvania, is a provider of revenue cycle management and accounts receivable management services for hospitals and large physician groups; the deal expands Annuity's customer base and senior management capabilities.
- Buyers
- Annuity Health Holdings, LLC, Pine Tree Equity III, LP
- Targets
- Arcadia Recovery Bureau, LLC
- Platforms
- Annuity Health Holdings, LLC
- Industry
- Healthcare Services
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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