Rockville, MD – May 1, 2024 – Greenberg Advisors (GA), a specialized M&A advisory firm in the RCM, HCIT, ARM, and BPO sectors, is pleased to announce the acquisition of a sizable RCM firm. Terms and participants have not been disclosed.
The acquirer, a private equity-backed tech-enabled RCM company that offers patient access solutions and billing services, retained GA for its buy-side advisory services. GA’s mandate was to identify and complete acquisitions that would meaningfully expand its client’s market share and EBITDA while also diversifying its revenue stream into high-value specialties.
The engagement resulted in the acquisition of a leading billing firm in a coveted hospital-based physician specialty, creating a substantial entrée for the buyer.
GA was instrumental throughout the transaction, identifying the asset that best met its client’s goals, negotiating economic terms, leading a thorough diligence process, finding creative solutions to resolve key deal points, and ultimately, closing the transaction.
“Based on our relationship with the sellers, we knew they were seeking to transact with a large strategic. When we identified some unique synergies with our client, the fit became obvious. We’re thrilled that this transaction so perfectly met everyone’s objectives. Both companies will be much stronger together and we wish them much success,” according to Brian Greenberg, CEO.
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.
Focused on these sectors for over 25 years, the firm’s professionals offer a comprehensive, yet 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.
