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
Location
Pennsylvania, United States
Transaction Type
Addon

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