nThrive Inc. a healthcareSaaS platform, has acquired TransUnion Healthcare Inc. TransUnion Healthcare is the healthcare data and analytics business of TransUnion (NYSE: TRU) that with its RCM front and back-end solution suite helps hospitals and health systems increase revenue and reduce costs.
“nThrive is focused on designing healthcare technology that delivers tangible outcomes for our clients,” said Hemant Goel, CEO of nThrive. “As we continue on our mission to help eliminate leakage and waste from healthcare revenue cycles, we look forward to bringing TransUnion Healthcare into the fold to serve our clients as a unified and integrated organization.”
Centerview Partners LLC served as financial advisor and Latham & Watkins LLP served as legal counsel to TransUnion. Debt financing supporting the transaction was provided by J.P. Morgan, Deutsche Bank, Golub, Barclays, BMO Capital Markets, Credit Suisse, and Jefferies. Sidley Austin LLP served as legal counsel to Clearlake and nThrive.