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Linden Completes Aspirion Acquisition

Aug 02, 2022over 3 years ago

Acquiring Company

Linden Capital Partners

Acquired Company

Aspirion

ChicagoColumbusPrivate Equity FundSoftwareHealth Care

Description

Linden Capital Partners ("Linden"), a Chicago-based private equity firm focused exclusively on the healthcare industry, announced today the completion of its acquisition of Aspirion (the "Company"), a leader in technology-enabled healthcare revenue cycle management ("RCM"), from Aquiline Capital Partners. Varsity Healthcare Partners ("VHP"), a healthcare services private equity firm with RCM investing experience through its portfolio company Ventra Health, joined the ownership group as a minority shareholder.

Company Information

Company

Linden Capital Partners

Location

Chicago, Illinois, United States

About

Linden Capital Partners is a Chicago-based private equity firm focused exclusively on the healthcare industry. Founded in 2004, Linden is one of the country's largest dedicated healthcare private equity firms. Linden's strategy is based upon three elements: (i) healthcare specialization, (ii) integrated private equity and operating expertise, and (iii) its differentiated human capital program. Linden invests in middle market platforms in the medical products, specialty distribution, pharmaceutical, and services segments of healthcare. Since its founding, Linden has invested in over 40 healthcare companies encompassing over 200 total transactions. The firm has raised over $6 billion in limited partner commitments since inception. For more information, please visit www.lindenllc.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed