HighRoads acquired by Harris Healthcare
Overview
| Client & Transactional Partners |
HighRoads Harris Healthcare |
|---|---|
| Our Role |
Sell-Side Advisor |
Summary
Cain Brothers, a division of KeyBanc Capital Markets, served as exclusive financial advisor to HighRoads in its sale to Harris Healthcare, a subsidiary of Constellation Software (TSX: CSU).
Cain Brothers was engaged based on its long-standing relationship with the company and deep experience advising healthcare technology companies. Harris Healthcare, a global software company providing software solutions across the healthcare sector, brings a strong track record of investing in and supporting the long‑term growth of software businesses. The transaction underscores Cain Brothers’ experience advising health tech companies and further strengthens the firm’s track record within payer technology.
HighRoads is a leading software platform that simplifies and automates health plan management for insurers and third‑party administrators. Founded in 1999, HighRoads addresses the growing complexity of benefits administration through a robust technology platform and domain expertise, helping customers improve efficiency, ensure regulatory compliance, and reduce administrative burden. HighRoads serves five of the 15 largest managed care companies in the U.S., including Elevance Health, Cigna and HCSC.
Harris Healthcare is a subsidiary of Constellation Software, a publicly traded vertical market software company that acquires, manages, and builds mission-critical software businesses across sectors, including healthcare, public sector, utilities, and more. Harris Healthcare acquires and manages healthcare technology businesses serving health systems and managed care companies throughout North America, Europe, Asia, and Australia.
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