Parthenon-Backed MRO on Deal Hunt After Recap

Parthenon-backed health data exchange platform MRO is scouting buys similar to its Q-Centrix deal last month, CEO Jason Brown tells Axios Pro. Parthenon recapitalized the business with the Q-Centrix deal, extending its exit timeline on MRO. “We’ve got capital to do similarly sized deals,” Brown says. “We would look at those and smaller deals. We’re seeing more quality companies coming to market and a lessening of the bid-ask spread in terms of being able to get deals.” ArborMetrix, a data analytics firm that’s raised about $35 million from VCs, could be one logical prospective target, an industry consultant says.

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Source: https://www.axios.com/pro/health-tech-deals/2025/07/01/mro-parthenon-recap-deals

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