Blackstone (BX) to Acquire HealthEdge

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Go back to Blackstone (BX) to Acquire HealthEdge

Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider

March 9, 2020 4:20 PM EDT

NEW YORK--(BUSINESS WIRE)-- Blackstone (NYSE: BX) today announced that funds managed by Blackstone (Blackstone) will acquire a majority stake in HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses. The investment is being led by Blackstones growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage Blackstones deep operating resources and scale to become market leaders.

Steve Krupa, CEO of HealthEdge, said: We are thrilled to work with Blackstone as we enter the next chapter of our... More