HealthCrowd has been acquired by mPulse Mobile
|Deal Type||Mergers & Acquisitions|
|Client & Transactional Partners||
PSG | Providence Strategic Growth
|Our Role||Sell-Side Advisor|
HealthCrowd, a leading member engagement company that orchestrates healthcare communications, has been acquired by mPulse Mobile, a leader in conversational AI and digital engagement solutions for the healthcare industry. The combined company has unmatched health engagement capabilities across a number of measurements designed to transform how healthcare organizations improve both outcomes and the consumer experience through digital touchpoints. In connection with the transaction, mPulse announced a growth investment from PSG.
Cain Brothers, a division of KeyBanc Capital Markets, served as exclusive financial advisor to HealthCrowd. HealthCrowd engaged Cain Brothers based on its deep expertise in the healthcare IT space, its highly relevant transaction track record and its extensive relationships with the potential strategic and financial buyer universe.
HealthCrowd is a leading communications platform-as-a-service innovator that successfully orchestrates healthcare communications to drive healthy actions and member satisfaction while managing compliance. HealthCrowd’s SaaS platform enables organizations across the healthcare spectrum to control, coordinate and analyze all communications to their members and patients. HealthCrowd serves 4 out of 5 of the country's top managed care organizations and manages lives in 34 states. By changing consumer perception, HealthCrowd increases health insurance and health system literacy, making consumers better partners with the healthcare ecosystem.
mPulse Mobile is reimagining health engagement to inspire healthier lives and deeper relationships between healthcare organizations and their consumers. Healthcare’s leading Conversational AI platform combines with award-winning health education for the streaming age to deliver tailored digital health engagement that nurtures, educates and activates healthcare consumers. With more than a decade of experience, 100+ healthcare customers and 500 million conversations annually, mPulse Mobile has the data, the expertise, and the solutions to drive healthy behavior change.
PSG is a growth equity firm that partners with middle-market software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed more than 85 companies and facilitated over 325 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City and London.