Signify Health, LLC
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Signify Health, LLC - overview
Established
2017
Location
Dallas, TX, US
Primary Industry
Healthcare IT
About
Based in Texas, US, and founded in 2017, Signify Health, LLC, operates as an intelligent technology platform company that offers a clinician and social services network. In August 2019, Signify Health, LLC, a portfolio company of New Mountain Capital, and Remedy Partners, Inc. , a portfolio company of New Mountain Capital and Bain Capital Ventures, merged. As of 2022, Kyle Armbrester acts as the CEO of the company.
In March 2023, CVS Health Corporation agreed to acquire 249. 18 million shares in Signify Health, LLC from New Mountain Capital for USD 8 billion in cash, or USD 30. 50 per share, in a public-to-private transaction. The company offers a cloud-based healthcare platform that includes technology, analytics, documentation, and care coordination services for healthcare providers.
The company also provides in-home risk evaluation services, peripheral artery disease (PAD) testing, bone density testing, lab collection, and diabetic eye exams to patients.
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT
Website
www.signifyhealth.com
Verticals
Cloud Computing, Cloud Computing, HealthTech, Mobile Apps
Total Amount Raised
Subscriber access only
Signify Health, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Signify Health, LLC | - | ||||||||
| Add-on, Trade Sale | Announced | Caravan Health, Inc. | - | ||||||||
| IPO | Completed | Signify Health, LLC | - | ||||||||
| Add-on | Completed | PatientBlox, Inc. | - | ||||||||
| Merger | Completed | Remedy Partners, Inc. | - |
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