SaaS Company athenahealth to be Acquired by Hellman & Friedman and Bain Capital for $17B

Cloud-based software company athenahealth has entered into a definitive agreement to be jointly acquired by affiliates of Bain Capital and Hellman & Friedman for $17 billion. Veritas Capital and Evergreen Coast Capital are the sellers.

athenahealth partners with more than 140,000 ambulatory care providers, throughout all 50 states and across more than 120 specialties, to accelerate the pace of healthcare innovation and support the delivery of leading clinical and financial outcomes, according to a news release. Read more.

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