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Healthcare & Life Sciences Private Equity Deal Tracker: Blackstone Acquires HealthEdge

Posted in Healthcare Services Investing

Blackstone has announced that it will acquire HealthEdge.

HealthEdge, based in Burlington, Mass., is a healthcare software developer for health insurers

The private equity business of Blackstone, which is based in New York, targets investments in established and growth-oriented businesses.

While terms of the transaction were not disclosed, media reported that the deal valued the software company at around $700 million.

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