Firstsource Solutions Ltd Acquires MedAssist Inc for $330 million
August 29, 2007
Firstsource Solutions Ltd has acquired U.S.-based MedAssist Inc for $330 million, funded primarily by $275 million of debt raised by its U.S. subsidiary and internal accruals. The deal expands Firstsource's U.S. healthcare capabilities by adding provider-side revenue cycle management services (serving hospitals and physician groups) to its existing payor-side presence.
- Buyers
- Firstsource Solutions Ltd
- Targets
- MedAssist Inc
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
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