Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider
Blackstone Inc. (BX)
Last blackstone inc. earnings: 4/23 06:56 am
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Source: Business Wire
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 Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage Blackstone’s 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 company’s growth. Blackstone’s expertise in healthcare and extensive operational resources made them our partner of choice to help fuel our continued expansion and better serve our customers in the years ahead. We are deeply grateful to our employees, for all of their hard work and dedication; our customers for their loyalty and ongoing partnership; an
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