Zelis and RedCard Complete Merger Backed by Parthenon and Bain Capital
October 4, 2019
Zelis Healthcare and RedCard Systems announced the completion of their merger to form a combined healthcare payments technology company serving payers and providers at enterprise scale. The transaction was supported by existing investor Parthenon Capital alongside Bain Capital Private Equity and Bain Capital Ventures; financial terms were not disclosed.
- Targets
- Zelis Healthcare, RedCard Systems
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
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