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Enterprise Healthcare IT Platforms sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Healthcare IT Platforms

1.1 - About Enterprise Healthcare IT Platforms sector

Companies in Enterprise Healthcare IT Platforms deliver cloud-based software that digitizes clinical workflows, care delivery, and data operations across provider organizations. Offerings span telehealth, EHR-connected documentation, care coordination, and advanced analytics to unify patient data and streamline decision-making. These platforms improve access, standardize processes, and enable interoperable, secure collaboration while supporting value-based care, research, and precision medicine initiatives.

Vendors typically provide HIPAA-compliant telehealth applications with instant visit links and bedside video, EHR integration and interoperability APIs, clinical documentation and ePrescribing, provider collaboration tools with secure messaging, remote patient monitoring via wearables and mobile apps, analytics for population health, episode cost modeling, and predictive insights, plus care transition orchestration and revenue cycle management. AI-driven decision support and data pipelines consolidate clinical and claims data for real-time guidance.

Primary customers include health systems and hospitals, physician groups and ambulatory networks, and post‑acute and long‑term care providers. These platforms help reduce operating costs through automated workflows, increase clinician productivity, improve care quality and patient satisfaction, and lower readmissions. They also strengthen data governance and compliance, accelerate value‑based care performance, and expand access via virtual care and remote monitoring.

2. Buyers in the Enterprise Healthcare IT Platforms sector

2.1 Top strategic acquirers of Enterprise Healthcare IT Platforms companies

Athenahealth Logo

Athenahealth

HQ: United States Website
  • Description: Provider of cloud-based healthcare technology and services that offers athenaOne, an AI-powered platform integrating electronic health records, practice management, revenue cycle, patient engagement, interoperability and advisory capabilities to improve clinical effectiveness, financial performance and patient experience for ambulatory practices and health systems.
  • Key Products:
  • Population Health Management: Aggregates and normalizes multi-EHR clinical, financial and payer data, provides dashboards, care gap detection, and automated outreach so teams coordinate risk-based care and improve outcomes
  • Electronic Health Records: Connected, tailorable EHR that speeds documentation, frees clinicians’ time, and delivers evidence-based content for more accurate, efficient clinical workflows
  • Revenue Cycle Management & Practice Management: Enterprise RCM and practice management software that automates billing processes, boosts efficiency, and maximizes collections with less administrative work
  • Patient Engagement Tools: Mobile app, notifications and communication services that reduce no-shows, let patients log progress, message care managers, and keep care teams synchronized for better experiences.
  • Rationale: Provider of Electronic Health Records platform, Population Health Management data aggregation, and Patient Engagement Tools communication suite enabling coordinated care.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Healthcare IT Platforms sector

M&A buyer group 1: Clinical Data Repository

57 companies View group →
Description: Companies in the Healthcare Clinical Data Repository Platforms category centralize patient records, images, and lab results across care settings. They provide cloud or on‑premises repositories, interoperability services, and clinical documentation tools that ingest, normalize, and securely exchange data. Strategic buyers in this space focus on data governance, compliance, and scalable access, enabling clinicians and operations teams to streamline workflows and support evidence‑based decision‑making.
ESO

ESO

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of data-driven SaaS solutions that leverage electronic health records, interoperability platforms, fire record management and clinical registries to help EMS agencies, fire departments, hospitals and government bodies improve community health, patient outcomes and first-responder well-being.
  • Key Products:
  • ESO Electronic Health Record (EHR): Industry-leading, next-generation ePCR capturing detailed EMS patient data and auto-generated narratives to streamline documentation, ensure compliance and improve clinical outcomes
  • ESO Health Data Exchange (HDE): First-of-its-kind interoperability platform securely sharing healthcare data between EMS and hospital systems, enabling seamless information flow and coordinated patient care
  • ESO Fire RMS: Modern fire Record Management System that records incidents, inspections and personnel data, giving departments actionable insights to enhance operational efficiency and safety
  • ESO Patient Registry: Cloud software for trauma, burn and stroke registries, standardizing data collection, enabling benchmarking and supporting evidence-based quality improvement initiatives.
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Healthcare IT Platforms sector

3.1 - Buyout funds in the Enterprise Healthcare IT Platforms sector

Buyout Funds investing in Enterprise Healthcare IT Platforms companies

51+ funds
Description: Buyout funds focused on Enterprise Healthcare IT Platforms companies globally.

Francisco Partners

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Healthcare IT Platforms
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Healthcare IT Platforms sector

Growth Equity Funds in Enterprise Healthcare IT Platforms companies

41+ funds
Description: Growth equity funds focused on Enterprise Healthcare IT Platforms companies globally.

Partech

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Healthcare IT Platforms
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Healthcare IT Platforms companies

4.2 - Public trading comparable groups for Enterprise Healthcare IT Platforms sector

Description: Companies in this trading comparable group are public software providers delivering population health management and analytics platforms to healthcare providers and payers. They monetize via SaaS subscriptions, per-member-per-month fees, and technology-enabled services that support value-based care, care coordination, and clinical decision support. They are comparable given similar data-driven offerings, customer bases, and recurring revenue models focused on outcomes and cost reduction.
Privia Health logo

Privia Health

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of technology-driven healthcare solutions, optimizing physician practices, enhancing patient experiences, and rewarding doctors for high-value care through collaboration with medical groups, health plans, and health systems.
  • Key Products:
  • Practice Management: Tools and services to optimize physician practices
  • Patient Portal: Platform for patient engagement and communication
  • Value-Based Care: Strategies to improve care quality and reduce costs
  • Virtual Care: Telehealth services for remote patient consultations
  • Fitness and Nutrition Plans: Personalized health assessments and plans for patients
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Healthcare IT Platforms sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Healthcare IT Platforms sector

Who are the top strategic acquirers of Enterprise Healthcare IT Platforms companies?

Top strategic buyers in this sector include Athenahealth, a provider of cloud-based healthcare technology and services that offers athenaone, an ai-powered platform integrating electronic health records, practice management, revenue cycle, patient engagement, interoperability and advisory capabilities to improve clinical effectiveness, financial performance and patient experience for ambulatory practices and health systems. .

Which buyer groups are most relevant for Enterprise Healthcare IT Platforms companies?

Relevant strategic buyer groups similar to the Enterprise Healthcare IT Platforms sector include Clinical Data Repository because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Healthcare IT Platforms sector

Which are the top PE firms investing in Enterprise Healthcare IT Platforms companies?

Potential investors in the broader Enterprise Healthcare IT Platforms space include Partech and Francisco Partners.

Who are the top buyout funds acquiring Enterprise Healthcare IT Platforms companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Healthcare IT Platforms space include Francisco Partners.

Who are the top growth equity funds investing in Enterprise Healthcare IT Platforms companies?

Growth funds investing in the broader Enterprise Healthcare IT Platforms sector include Partech.

Valuation of Companies in Enterprise Healthcare IT Platforms sector

Which are the key public companies that are relevant trading comps for Enterprise Healthcare IT Platforms companies?

Key trading comparable groups include Privia Health, a provider of technology-driven healthcare solutions, optimizing physician practices, enhancing patient experiences, and rewarding doctors for high-value care through collaboration with medical groups, health plans, and health systems..

Which are the key trading comparable groups for Enterprise Healthcare IT Platforms companies?

Similar trading comparable companies include Population Health Management Software Companies. Our platform tracks detailed trading comparable groups in the Enterprise Healthcare IT Platforms sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Healthcare IT Platforms sector?

Our platform tracks M&A transactions in the Enterprise Healthcare IT Platforms sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Healthcare IT Platforms?

Access recent funding rounds in the Enterprise Healthcare IT Platforms sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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