Zelis Sells Minority Stake to Mubadala, Norwest and HarbourVest
November 26, 2024
Zelis, a Boston-based healthcare technology company, sold a minority stake to a group of investors led by Mubadala Investment Company and including Norwest and HarbourVest, with Parthenon and Bain Capital remaining the majority owners. The transaction closed November 26, 2024 and brings strategic capital and investor support to fuel Zelis's continued growth in healthcare payments and financial technology.
- Buyers
- Mubadala Investment Company, Norwest, HarbourVest
- Targets
- Zelis
- Industry
- Healthcare Services
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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