Unitranche Credit Facility

Sector: Healthcare IT

AB Private Credit Investors (AB-PCI) leveraged its healthcare technology expertise to finance the strategic acquisition of Deerwalk Inc. by Cedar Gate Technologies (“Cedar Gate”). This is the second acquisition and credit facility upsize that AB-PCI has executed to support the growth of the GTCR-backed platform.

Deerwalk is a healthcare data analytics platform that helps manage health plan design and spend. Cedar Gate serves healthcare providers, payers and self-insured employers who are seeking to reduce healthcare costs and improve quality of care.

The combined Cedar Gate platform provides a suite of enterprise software solutions that enables provider and payer participation in value-based arrangements through the design, implementation, and administration of bundled payments and fully capitated contracts.

GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications, and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $18 billion in over 200 companies.

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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.