M&A Deal Summary

Frazier Healthcare Partners Acquires Vatica Health

On September 25, 2023, growth capital firm Frazier Healthcare Partners acquired information technology company Vatica Health from Great Hill Partners

Acquisition Highlights
  • This is Frazier Healthcare Partners’ 3rd transaction in the Information Technology sector.
  • This is Frazier Healthcare Partners’ 44th transaction in the United States.
  • This is Frazier Healthcare Partners’ 2nd transaction in Georgia.

M&A Deal Summary

Date 2023-09-25
Target Vatica Health
Sector Information Technology
Buyer(s) Frazier Healthcare Partners
Sellers(s) Great Hill Partners
Deal Type Secondary Buyout
Advisor(s) Triple Tree (Financial)

Target

Vatica Health

Alpharetta, Georgia, United States
Vatica Health is a healthcare technology company that has developed a unique blend of proprietary technology and clinical teams that enable providers and payers to thrive in value-based care. Vatica’s platform represents the next generation of risk adjustment, quality of care, and quality of coding. Vatica is a fast-growing company solving today’s most complex healthcare problems with a talented team of disruptors, inventors and change agents who are not satisfied with the status quo and strive to make a difference. Vatica Health was founded in 2011 and is based in Alpharetta, Georgia.

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Buyer(S) 1

Buyer
DESCRIPTION

Frazier Healthcare Partners is a private equity and venture capital firm specializing in Growth buyout investment specifically targets businesses that deal Healthcare, Life Sciences, Pharmaceutical services, medical products, and related sectors. Frazier Healthcare Partners was formed in 1991 and is based in Seattle, Washington with an additional office in Palo Alto, California; Boston, Massachusetts; and Menlo Park, California.


DEAL STATS #
Overall 45 of 48
Sector: Information Technology M&A 3 of 4
Type: Secondary Buyout M&A Deals 7 of 10
State: Georgia M&A 2 of 2
Country: United States M&A 44 of 47
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-30 United Digestive

Atlanta, Georgia, United States

United Digestive is a provider of gastrointestinal physician services in the Southeast United States focused on providing high quality care to treat GI disorders, nutrition and digestive health. United Digestive was formed in 2018 and is based in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-12 Alcresta Therapeutics

Newton, Massachusetts, United States

Alcresta Therapeutics is a specialty pharmaceutical company focusing on discovering and developing a new generation of enzyme-based products that improve digestion and absorption of important nutrients. The company's lead program is a point-of-care, enzyme-based product that improves the bioavailability of long-chain fatty acids (such as DHA, EPA, and AA) for patients with impaired pancreatic output. Compromised pancreatic function is a complication of many diseases such as cystic fibrosis, chronic pancreatitis, and cancer as well as developmental immaturity, and Alcresta's products are aimed at meeting the nutritional needs of these patients. Alcresta Therapeutics was formed in 2011 and is based in Newton, Massachusetts.

Sell -

Seller(S) 1

SELLER

Great Hill Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 12.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Great Hill Partners is a private equity firm focused on growth equity and recapitalization investments in well established public and private companies valued put to $1 billion. Great Hill targets companies within consumer services, business services, financial technology, healthcare, internet, logistics, media, communications, technology services, software and transaction processing. The Firm invests in the range of $25 to $500 million per transaction. Great Hill prefers companies located in the US, but will also consider opportunities in Europe and Latin America. Great Hill Partners was formed in 1998 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 57 of 62
Sector: Information Technology M&A 5 of 6
Type: Secondary Buyout M&A Deals 11 of 11
State: Georgia M&A 3 of 3
Country: United States M&A 49 of 52
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Examity

Newton, Massachusetts, United States

Examity is a provider of online proctoring and authentication solutions to higher education institutions, certification/ licensure bodies, corporations, and standardized testing organizations. Examity was founded in 2013 and is based in Newton, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-18 eloomi

Copenhagen, Denmark

eloomi is a cloud-based performance management and learning management system. eloomi was founded in 2015 and is based in Copenhagen, Denmark.

Sell -