WellSky receives new investment from private equity investors

Tuesday, July 21, 2020

OVERLAND PARK, Kan. – WellSky and TPG Capital have entered into a definitive agreement to add Leonard Green & Partners, a private equity firm, as a new capital partner.

As part of the agreement, TPG will also make a new equity investment in WellSky.

The agreement will allow WellSky to expand the depth and breadth of its solutions, strengthen its relationships with its 15,000 payer and provider clients, and further invest in its capabilities, says Bill Miller, CEO of WellSky.

“TPG and LGP are strongly aligned with our vision of delivering the best and most comprehensive suite of solutions to advance care,” he said. “We’re excited to drive ongoing innovation and deliver new technology and services to help WellSky clients grow their businesses and improve outcomes for their communities.”

TPG Capital first invested in WellSky in 2016.