Here's the Deal
 

Baird's Investment Banking Group is pleased to announce the following transaction:

September 2007


MedAssist Holding, Inc.
Sale to Firstsource Solutions Ltd.
$330.0 Million


Robert W. Baird & Co. served as financial advisor to MedAssist on this transaction.


RoundTable Healthcare Partners has completed the sale of its portfolio company, MedAssist Holding, Inc. (“MedAssist”), to an affiliate of Firstsource Solutions Ltd. (NSE: FSL.NS, BSE: FSL.BO). The all-cash deal is valued at $330 million.

Headquartered in Louisville, KY, MedAssist is a leading provider of revenue cycle management services to the healthcare industry. MedAssist’s full range of services includes Eligibility Services, Receivables Management Services and Collections Services. The Company has over 1,000 clients including hospitals, large physician groups and alternate site providers.

Firstsource Solutions Limited (“Firstsource”) is among India’s leading BPO (business process outsourcing) service providers. Firstsource provides customized business process management to global leaders in the Banking & Financial Services, Telecom & Media and Healthcare sectors. Firstsource has a global delivery model with operations in India, US, UK, Argentina and Philippines.

RoundTable Healthcare Partners (“RoundTable”), headquartered in Lake Forest, IL, is an operating-oriented private equity firm focused exclusively on the healthcare industry. RoundTable currently manages $1.1 billion in capital, including two equity funds totaling $900 million and a subordinated debt fund of $200 million.

For additional information about this transaction, please contact:
Managing Director
(312) 609-4916
Managing Director
(404) 240-5678
Managing Director
(312) 609-4913
Director
(312) 609-5478

Social Icons

Careers|Help|Site Map|Important Disclosures|Privacy Policy|Financial Information|Business Continuity
©2013 Robert W. Baird & Co. Incorporated.
Global Websites: Europe | Asia
The services featured on this Web site may not be available in all jurisdictions or to all persons/entities. For more information, please see Important Disclosures. Robert W. Baird & Co. Incorporated. Member SIPC.