280 Views

Providence Service Corp to acquire PE-backed Matrix Medical for $400 mln

Providence Service Corp has agreed to buy Matrix Medical Network, a portfolio company of Welsh, Carson, Anderson & Stowe, for $400 million. Ropes & Gray advised Welsh, Carson, Anderson & Stowe and Matrix Medical Network on the transaction. Based in Scottsdale, Arizona, Matrix is a provider of in-home health assessments and care management solutions.

PE-Backed Matrix Medical Acquires Ascender

Matrix Medical Network, an 11-year-old,  Scottsdale, Ariz.-based company that provides high-risk member management services to health plans and medical groups, has acquired Ascender, a San Diego-based company that makes a healthcare analytics suite of software products. The terms of the all-cash deal were not disclosed. PRESS RELEASE: SCOTTSDALE, Ariz., Aug 27, 2012 (BUSINESS WIRE) — […]

PEHUB Community

Join the 12506 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget