Healthgrades Acquires Evariant

January 7, 2020

Healthgrades, a Vestar Capital Partners portfolio company, has acquired Evariant, a healthcare consumer and physician engagement platform, to create an end-to-end engagement offering for health systems, physicians and life sciences clients. Evariant shareholders retain a minority stake and a board representative; financing for the transaction was provided by CRG, L.P. and CIBC Bank USA. Advisory firms on the deal included MTS Health Partners and Piper Sandler (financial) and Kirkland & Ellis and Goodwin Procter (legal).

Buyers
Healthgrades
Targets
Evariant
Location
Connecticut, United States
Transaction Type
Buyout

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