Bain Capital Private Equity, a private equity firm, has made an investment in CitiusTech, a provider of digital technology and consulting services to payers, providers, medical technology and life sciences companies.
CitiusTech offers its services to approximately 130 healthcare and life sciences organizations, looking to provide better outcomes, transform care and business processes and make a positive impact on patients. CitiusTech’s recent acquisitions of FluidEdge and SDLC Partners look to offer deeper healthcare domain consulting and digital transformation services across its markets. With this investment, Bain Capital joins existing shareholder BPEA EQT, who acquired a majority stake in CitiusTech in 2019.
“CitiusTech has established itself as a leader in healthcare digital innovation and business transformation, and a trusted partner to blue-chip healthcare clients with a strong track record of delivery excellence,” comments Samonnoi Banerjee, managing director at Bain Capital Private Equity. “We believe that our considerable healthcare and life sciences experience will be a significant asset to CitiusTech’s growth in a rapidly evolving healthcare technology marketplace.”