HealthEdge Acquires Altruista Health from Martis Capital

Vanguard to Acquire Altruist

August 26, 2026

Financial Services

Vanguard has entered into a definitive agreement to acquire Altruist, an AI-forward wealth technology and custody platform serving independent financial advisors. The deal will position Altruist to operate as a standalone business under Vanguard ownership while retaining its leadership, brand, and advisor-focused operating model. Terms were not disclosed, and closing is expected later in 2026 subject to regulatory approvals.

Bain Capital to Acquire HealthEdge from Blackstone Funds

April 8, 2025

Cloud & SaaS

Bain Capital's Private Equity team has agreed to acquire HealthEdge, a Burlington, Massachusetts–based healthcare SaaS platform, from funds managed by Blackstone. Financial terms were not disclosed; the transaction is expected to close in Q2 2025 and positions Bain to accelerate HealthEdge's product growth and GenAI enablement for health plans.

HealthEdge Software Acquires The Burgess Group

July 21, 2020

Cloud & SaaS

HealthEdge Software, a provider of cloud-native core administrative systems for health insurers, has acquired The Burgess Group, a cloud-native payment integrity software provider. The deal brings Burgess' payment integrity and claims automation capabilities into HealthEdge's HealthRules Payor platform, expanding HealthEdge's capabilities into the high-growth payment integrity market; terms were not disclosed.

Blackstone Acquires Majority Stake in HealthEdge Software

April 9, 2020

Cloud & SaaS

Funds managed by Blackstone, led by its growth equity team, have acquired a majority stake in HealthEdge Software, a provider of cloud-native Core Administrative Processing Systems (CAPS) for health payors. Blackstone said it will support HealthEdge’s expansion and product development; terms were not disclosed.

Vista Equity Partners Acquires Alegeus

August 7, 2018

Cloud & SaaS

Vista Equity Partners signed a definitive agreement to acquire Alegeus, a market-leading consumer-directed healthcare (CDH) SaaS platform, from investment funds affiliated with Lightyear Capital. The acquisition will support Alegeus’ next phase of growth—leveraging Vista’s software and operational expertise to scale the platform that serves 300+ clients and about 30 million consumers.

Emdeon Acquires Altegra Health

July 6, 2015

Healthcare Services

Emdeon Inc. has entered into a definitive agreement to acquire Altegra Health for approximately $910 million in cash. The acquisition combines Altegra's risk adjustment, quality analytics and member engagement platform with Emdeon's Intelligent Healthcare Network and revenue-cycle/payment solutions to expand capabilities for value-based care and improve payer/provider performance.