Linden Capital Partners, a private equity firm, has purchased Aspirion, a revenue cycle management provider.
Aspirion’s team and software help hospitals improve claims processing time and increase overall collections.
“We are very excited to enter into this partnership with Linden and leverage Linden’s deep healthcare experience, relationships, and strategic support to execute against our shared value creation plan and better serve our clients,” said Jason Erdell, CEO of Aspirion.
Baird is serving as financial advisor, and Ropes & Gray LLP is acting as legal counsel to Aspirion. Guggenheim Securities and Cain Brothers are serving as financial advisors, and Kirkland & Ellis LLP is serving as legal counsel to Linden. Twin Brook Capital Partners is providing debt financing for the transaction.