Acquisition History / EQT / GeBBS Healthcare Solutions Inc
EQT Acquires GeBBS Healthcare Solutions Inc
Announced September 10, 2024 — $850M
What happened
EQT agreed to acquire a controlling stake in healthcare outsourcing provider GeBBS Healthcare Solutions from Indian private equity firm ChrysCapital, at a reported price of more than $850 million. EQT invested through its Asia buyout vehicle, BPEA Private Equity Fund VIII. GeBBS, founded in 2005, runs revenue cycle management, health information management and medical billing operations with a large India delivery base.
- Acquirer
- EQT
- Target
- GeBBS Healthcare Solutions Inc
- Announced
- September 10, 2024
- Price
- $850M
- Industry
- Healthcare revenue cycle management
- Buyer type
- Private equity
- Fund vehicle
- BPEA Private Equity Fund VIII
- Backing investors
- EQT, ChrysCapital (seller)
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did EQT acquire GeBBS Healthcare Solutions Inc?
EQT acquired GeBBS Healthcare Solutions Inc on September 10, 2024. This was EQT's 1st publicly tracked acquisition out of 3 we have on record.
How much did EQT pay for GeBBS Healthcare Solutions Inc?
EQT paid $850M for GeBBS Healthcare Solutions Inc.
What does GeBBS Healthcare Solutions Inc do?
EQT agreed to acquire a controlling stake in healthcare outsourcing provider GeBBS Healthcare Solutions from Indian private equity firm ChrysCapital, at a reported price of more than $850 million. EQT invested through its Asia buyout vehicle, BPEA Private Equity Fund VIII. GeBBS, founded in 2005, runs revenue cycle management, health information management and medical billing operations with a large India delivery base.
What other Healthcare revenue cycle management companies has EQT acquired?
GeBBS Healthcare Solutions Inc is EQT's only publicly tracked acquisition in Healthcare revenue cycle management so far.
More EQT acquisitions
Fujitec Co.
$2.70B · 2025
Indostar Home Finance Pvt Ltd
$197.8M · 2024