Greater Sum News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Goldman could unload the investment early next year, sources say.

Press release content from Business Wire. The AP news staff was not involved in its creation.

Investment group to buy Birmingham health tech company for $1.2 billion Updated Apr 13, 2021; Though financial terms were not disclosed, Bloomberg is reporting the deal totals $1.2 billion. Founded in 2013, Therapy Brands is a practice management and electronic health record software platform for healthcare providers. Its products are used by more than 28,000 practices across the U.S., ranging from individual providers to national multi-location practice groups. The company employs more than 500 people nationally. KKR, based in New York, is acquiring the company from investment funds affil...

KKR has announced it has agreed to acquire a majority interest in Therapy Brands. Therapy Brands, headquartered in Birmingham, Ala., is a practice management and electronic health record software platform for mental, behavioral, substance use recovery, applied behavior analysis and physical rehabilitation healthcare providers. Founded in 2013, the company supports more than 28,000 practices across the United States. The PE platform of Kohlberg Kravis Roberts (KKR) & Co., which is based in New York, considers investments in all industries, including healthcare. Founded in 1976, the firm prefe...

KKR To Buy Therapy Brands WASHINGTON (dpa-AFX) - Investment firm KKR Wednesday said it has agreed to acquire a majority interest in Therapy Brands from its existing shareholders investment funds affiliated with Lightyear Capital LLC, Oak HC/FT and Greater Sum Ventures. Existing investor PSG will participate in the transaction alongside KKR and continue to be a minority shareholder in Therapy Brands. Financial details of the transaction were not disclosed. Founded in 2013, Therapy Brands provides end-to-end, purpose-built software solutions to streamline the full clinical, administrative and ...