Amid a flurry of deals, Q4 2024 saw healthcare IT PE activity reach near-record levels. The quarter was headlined by TowerBrook and CD&R’s completion of the R1 RCM buyout, continuing 2024’s streak of revenue cycle management exits. With other notable Q4 transactions including Francisco Partners’ $1.1 billion acquisition of AdvancedMD and a massive $4.3 billion minority investment in Zelis Healthcare, PE exits in healthcare IT reached their second-highest level since early 2022. The sector’s strength is further validated by Waystar’s impressive post-IPO performance, with shares up more than 80% since its June listing—suggesting more public offerings could be on the horizon as valuation gaps narrow and extended holding periods drive exits.
Read the full article: PitchBook Q4 2024 Healthcare IT PE Update //
Source: https://pitchbook.com/news/reports/q4-2024-healthcare-it-pe-update