US healthcare BPO may be valued at $225 million: PE firms in race to acquire emids Technologies

MUMBAI: In a sign of continued M&A activity in the healthcare technology sector, a bunch of private equity firms including home grown funds Everstone Capital and ChrysCapital Advisors, and global funds such as KKR & Co and Baring Private Equity Asia are in separate talks to buy a controlling stake in Nashville-based healthcare IT services firm emids Technologies in a deal worth $200-225 million.

Multiple people aware of the development said through the proposed deal, both promoters and existing US-based PE investors—Baird Capital, Council Capital and Union Grove Venture Partners — will sell their stakes.