Ardan Equity

Ardan's sector specialization in healthcare and life sciences software & data companies led by exceptional CEO's is exemplified by Datavant, led by powerhouse CEO Kyle Armbrester, who recently sat down with Business Insider to share thoughts on 2025 and beyond. Datavant, which manages patient data exchanges between providers, payers, and life sciences organizations, has made 11 acquisitions since 2017. The company kicked off a fresh M&A rush in the fall, picking up data privacy organization Trace Data and two data analytics products from healthcare AI platform Apixio in September. #healthcaredata #saasgrowth #lifesciences #pharmait #patientdata #healthcaresoftware #healthit #healthcareit #digitalhealth #ai #artificialintelligence #healthcareai #dataplatform #data #acquisitions #mergersandacquisitions

Powerful acquisition of?Machinify, a leading provider of artificial intelligence (AI)-powered software transforming healthcare payments, by our payment integrity platform, with great partner Matt Holt and New Mountain Capital. The combined entity, with revenue of more than $500 million, will be named Machinify. As CEO David Pierre said, "the planned combination with Machinify reflects our strategy of utilizing data and AI, coupled with deep domain expertise, to simplify and reduce costs across the healthcare payment process". Machinify will become a core part of the company recently formed through the merger of The Rawlings Group, Apixio’s Payment Integrity business, and VARIS LLC. The combined organization will bring together revolutionary technology, clinical expertise, and a wealth of data to transform healthcare payments and build a frictionless foundation for healthcare administration for all stakeholders. Founded in 2016, Machinify developed an innovative cloud-based data intelligence platform that enables the secure, safe, and transparent deployment of purpose-built AI-powered applications to optimize the healthcare claims lifecycle. Machinify’s foundational operating system, which powers the company’s Audit and Pay workflows, has advanced the level of automation, efficiency, and accuracy within healthcare payments infrastructure. #healthcarepayments #acquisition #mergersacquisitions #privateequity #healthcaresoftware #ai #artificialintelligence #healthinsurance #paymentintegrity #healthplan #healthit #healthcareit #saasgrowth #healthcareclaims #claims

We are #hiring a Private Equity Analyst (or Senior Analyst) for our Investment Team. #privateequity #healthcare #healthcareprivateequity

We are #hiring a Private Equity Associate for our investment team. All referrals welcomed! #privateequity #job #investmentteam #associate

We're #hiring a new Private Equity Associate (or Senior Associate), Investor Relations. #privateplacement #privateequity #investorrelations

Strong addition to WellSky's post-acute software platform with its announced acquisition of?Bonafide Health, an enterprise software solution for durable medical equipment (DME) and home medical equipment (HME) companies. With the acquisition, WellSky, an Ardan Equity, TPG and Leonard Green & Partners (LGP) portfolio company, expands its footprint in DME/HME with Bonafide's offering that fully integrates purchasing, inventory management, order processing, document management, patient communication, and analytics within a single intuitive user interface. The combination of WellSky and Bonafide will enable more DME/HME companies to improve operations, streamline ordering and administrative processes, and maximize success in the face of industry challenges and regulatory changes. The company serves 200 clients, including some of the largest and fastest-growing DME/HME providers. WellSky brings a network of more than 2,000 hospitals and 130,000 providers to Bonafide clients, providing access to the nation’s largest referral network and increased visibility to patients across care settings. #healthcaresoftware #healthit #healthcareit #saasgrowth #privateequity #mergersacquisitions #digitalhealth #acquisition #merger #homehealth #postacute #dme #hme #hospitaltechnology #hospital #healthsystem #inventorymanagement #purchasing #patientcommunication #analytics #documentmanagement

Big industry news in the partnership announced between Ardan Equity and Blackstone portfolio company HealthEdge and Francisco Partners & TA Associates platform Edifecs. The partnership will natively integrate Edifecs’ EDI Gateway offerings and HealthEdge’s HealthRules Payer claims adjudication system. This solution will make it easier for payers to exchange and connect healthcare data – reducing friction, strengthening business agility, and enhancing operational efficiency. Congrats to our valued partners CEO Stephen Krupa, his team Alexander Saltzman, Matt McLaughlin, Philip Anzalone, Craig Wilson, Chris Conte and the Blackstone team Ram Jagannath, Anushka Sunder and Dan Rozenfeld. Read the full press release and learn more about the partnership here: https://ow.ly/b1MW50TvgUs #healthit #healthcareit #digitalhealth #healthcaredata #healthplan #healthinsurance #privatequity #partnership #saasgrowth #healthcaresoftware #claims #payer #healthcarepayer #adjudication #edi #bestinklas #klas #dataexchange #healthcareservices

Compelling strategic acquisition of Ardan and New Mountain Capital portfolio company Apixio's AI-powered Connected Care and value-based care division by ubiquitous data platform Datavant - completing part II of a complex transaction. Congrats to CEO Sachin Patel, the Apixio team and our trusted partners Matt Holt, Brian Murphy and CEO Kyle Armbrester on this on this bold play to revolutionize the healthcare data market.. Ardan is excited to partner with the Datavant team led by Kyle, including life sciences president Arnaub Chatterjee, to continue accelerating growth in healthcare and life sciences data logistics and making the world’s health data secure, accessible and usable. To learn more, visit: https://hubs.ly/Q02PjhJ20 #healthcaresoftware #saasgrowth #ai #healthcareai #healthcaredata #acquisition #mergersacquisitions #privateequity #digitalhealth #lifesciencesdata #pharmait #pharmatech

Exciting partnership between Ardan, Warburg Pincus LLC, Hg, Welsh, Carson, Anderson & Stowe portfolio company Norstella's division Citeline Clinical and Greenphire (Thoma Bravo). In the partnership, Citeline, a leader in intelligence solutions for the life sciences industry, and financial management software company ?Greenphire?will power solutions enabling clinical research sponsors and CROs to plan cost-effective trials that recruit patients faster and launch more efficiently. Mike Gallup, CEO of Norstella says it best "This partnership presents a unique opportunity to solve the unmet needs of trial sponsors and all stakeholders involved in bringing treatments to patients in need. The additional metrics created by this collaboration will underpin intuitive solutions that allow the industry at large to optimize trials from planning to execution." #clinicaltrials #payments #pharmait #pharmaceuticals #pharmaservices #pharmadata #healthcaresoftware #lifesciences #privateequity #financialsolutions #data #saasgrowth

Congratulations to Ardan and New Mountain Capital portfolio company Apixio's payment integrity division, including recently acquired VARIS LLC, and the team led by CEO Sachin Patel and president Tom Magnotta. The acquisition by The Rawlings Group will harness the power of Apixio's artificial intelligence and analytics capabilities at scale. Under the leadership of David Pierre, the $3 billion platform will offer an expansive set of capabilities, including subrogation, coordination of benefits, pharmacy payment integrity, and complex claim solutions, to ensure payment integrity and will serve many of the largest health plans in the United States. #ai #paymentintegrity #healthcaresaas #saasgrowth #privateequity #healthcaresoftware #healthplan #healthcaredata #payments #pharmacy #claims #healthinsurance #acquisition #merger #subrogation #benefits #artificialintelligence