RevSpring Acquires Loyale

Healthcare

RevSpring, a portfolio company of GTCR, acquisition of Loyale


Summary

RevSpring, Inc. (“RevSpring” or the “Company”), a portfolio company of GTCR, LLC (“GTCR”) recently acquired Loyale Healthcare, LLC (“Loyale”). Terms of the transaction have not been disclosed.

Baird served as the exclusive financial advisor to RevSpring, Inc. on this transaction.

About

RevSpring is a market leader in financial communications and payment solutions that inspire patients to pay. The Company has built the industry's most comprehensive and impactful suite of patient engagement, OmniChannel communications, and payment solutions backed by behavior analysis, propensity-to-pay scoring, contextual messaging, and user experience best practices. Using proprietary data analytics to tailor the engagement from pre-service to post-service, RevSpring improves the financial experience and outcomes for providers and their patients. The combined companies will facilitate approximately $5.5 billion in payments collected through their systems on behalf of their clients. The Company is headquartered in Livonia, Michigan.

Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications, and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire, and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $15 billion in over 200 companies.

Loyale is committed to a mission of turning patient responsibility into lasting loyalty for its healthcare provider customers. Loyale provides a comprehensive patient financial engagement technology platform leveraging a suite of configurable solution components including predictive analytics, intelligent workflows, multiple patient financing vehicles, communications, payments, and other key capabilities. Loyale is based in Lafayette, California.
CONTACT US TO LEARN MORE
Healthcare

RevSpring, a portfolio company of GTCR, acquisition of Loyale

Date
March 2020
Company
RevSpring Inc.
Transaction
M&A - Buyside
Sectors
Healthcare
Verticals
Healthcare IT & Services
Target Geography
North America
Acquiror Geography
North America

Share