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Clearlake-Backed Symplr Acquires Phynd Technologies


Clearlake-Backed Symplr Acquires Phynd Technologies
Clearlake Capital Group and 
Symplr are buying healthcare technology company
Phynd Technologies. The acquisition of Phynd represents Symplr’s eleventh acquisition in the past six years, and its sixth under sponsorship from Clearlake and SkyKnight since November 2018.
“This is an impressive milestone for symplr as the acquisition of Phynd provides highly complementary cloud provider directory management technology, expanding the company’s capabilities and addressable market,” said
Behdad Eghbali, co-founder and managing partner, and
Prashant Mehrotra, partner, of Clearlake.
Harris Williams and
Patient Square Capital, a health care investment firm, had hired
Karr Narula as founding partner. Prior to joining Patient Square, Narula spent 13 years at KKR, where he was a partner and head of KKR’s portfolio operations team (KKR Capstone) in the Americas. At Patient Square, Narula wil ....

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M&A M&A Forecast 2021: Telehealth is Suddenly the Norm, and Deals Follow


February 26, 2021
After the extraordinary challenges of 2020 – which included the coronavirus pandemic, the polarizing presidential election and the increased awareness of racial injustice in the U.S. – dealmakers are eagerly embracing 2021 with open arms. It may turn out to be a spectacular year for M&A. The high level of activity experienced at the end of the old year is expected to continue in the new year. At Mergers & Acquisitions, the editorial team has identified four sectors in which we predict activity will be especially high in 2021: Logistics, Cryptocurrency, Telehealth and Education Technology.
Here’s Our Forecast for the Telehealth Sector ....

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