Editor’s observe: This text has been up to date with a quote from Arcadia’s president and CEO.
European non-public fairness agency Nordic Capital has acquired a majority stake in knowledge analytics firm Arcadia by means of a newly introduced strategic partnership.
Boston-based Arcadia is a healthcare knowledge platform that amasses knowledge from throughout the trade and makes use of superior analytics, AI and efficiency benchmarking to assist payers and suppliers enhance care high quality, decrease prices and enhance income.
Nordic Capital, headquartered in Stockholm, says that below its umbrella, Arcadia will be capable of speed up its enlargement. The deal is anticipated to shut within the latter half of 2025.
The acquisition marks an exit for earlier investor Peloton Fairness, whose predecessor agency Ferrer Freeman acquired Arcadia Options in 2012.
“Nordic Capital’s partnership permits Arcadia to maneuver with even higher objective towards a extra related, data-driven healthcare system. Their healthcare experience and long-term dedication present the capital and confidence to take our platform – and the affect it drives – to the subsequent degree,” Michael Meucci, Arcadia’s president and CEO, informed MobiHealthNews in an e mail.
THE LARGER TREND
Final yr, California-based real-world knowledge platform Atropos Health introduced that Arcadia joined its health portfolio, giving Arcadia’s supplier prospects and life sciences customers entry to Atropos’ choices.
Atropos provides AI instruments, proof technology, analytics augmentation and knowledge analysis to assist physicians entry real-world proof to information medical choices and analysis.
In 2023, GuideHealth, an AI-enabled value-based care supplier for well being programs, announced it acquired Arcadia’s value-based care providers division and managed providers group.
GuideHealth additionally signed an settlement with Arcadia to make use of its knowledge analytics platform to energy the acquired choices, which is able to work with its predictive and generative AI.
That very same yr, Arcadia secured $125 million in funding, and three years earlier than, acquired a $29.5 million development fairness funding.
Along with Arcadia, Nordic Capital’s portfolio contains different healthcare-focused firms, together with life sciences firm ArisGlobal, medical trial administration platform Clario, medical analysis group Cytel, and pharma-company targeted knowledge and know-how agency IntegriChain.
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