Rockville, MD – April 15, 2025 – Greenberg Advisors (GA), a leading M&A advisory specialist for transactions in RCM, HCIT, and related sectors, is pleased to announce the completion of three RCM transactions within three months.
The first of the deals involved the acquisition of HealthyBOS by GA’s client, Knack RCM, a tech-enabled leader in end-to-end and customizable RCM services. The acquisition significantly expands Knack RCM’s fulfillment capabilities in the Philippines, growing its in-country team from 200 to 1,500 employees while enhancing its presence in the durable medical equipment (DME) RCM market.
In February 2025, Greenberg Advisors completed the sale of a fast-growing, tech-enabled firm to a private-equity backed strategic buyer. In one of its business units, the seller works with blue-chip health systems, screening patients for existing insurance coverage and enrolling patients in Medicaid and other programs. In its other business unit, the company represents individuals in securing Social Security Disability (SSD) and Supplemental Security Income (SSI) benefits. This transaction has not yet been announced.
Also in the first quarter of 2025, Knack RCM acquired PPM Partners, a leading RCM provider with deep expertise in the anesthesia sector. Based in Montgomery, Alabama, PPM Partners provides complete billing and practice management services, further solidifying Knack RCM’s expertise in the anesthesia market, which it entered in 2024 via another Greenberg Advisors-facilitated transaction (Merrick Management, Inc.). The acquisition also bolsters Knack RCM’s position as a specialized RCM services partner to independent and multispecialty physicians, eye care providers, DME/HME suppliers, and ambulatory surgery centers (ASCs). Greenberg Advisors advised Knack RCM and its financial partner, LKCM Headwater Investments, in this transaction as well.
If you would like GA to be aware of your firm’s M&A interests, please contact us. For information regarding the M&A market in RCM and HCIT, GA’s M&A Update can be found here.
About Greenberg Advisors
Greenberg Advisors, LLC provides world-class M&A and strategic advisory solutions to Business Services and Technology companies in the Revenue Cycle Management (RCM), Healthcare Information Technology (HCIT), Accounts Receivable Management (ARM), and Business Process Outsourcing (BPO) sectors.
Leveraging over 60 years of M&A experience, the firm’s professionals offer a highly specialized perspective from which to advise clients, resulting in the completion of over 155 M&A, valuation, and strategic planning engagements. These client successes reflect Greenberg’s distinct client-first approach, deep sector expertise, objective point of view, and work ethic.
