Vestar Capital Partners, a leading U.S. middle-market private equity firm, today announced the sale of Mercury Healthcare, the technology and data analytics company, to WebMD Health Corp, an Internet Brands company and a leader in health information services for consumers, physicians and other healthcare professionals. Terms of the transaction were not disclosed.
“Vestar is proud to have supported the transformation of Healthgrades and Mercury over the last decade as they have become true leaders in consumer and b2b healthcare engagement”, “Vestar targets innovative companies at the forefront of enabling patients, providers, and payers to make better informed decisions that improve the cost and quality of care. We recognize the importance of data and analytics to drive positive outcomes, and we remain committed to investing in market-leading companies at the intersection of healthcare and technology.”
Norm Alpert, Founding Partner, Co-President and head of Healthcare at Vestar
The combination of WebMD and Mercury Healthcare will help transform the patient experience by supporting more efficient and effective communication with patients and caregivers.
“This acquisition is the culmination of Mercury Healthcare’s 30-year legacy of supporting healthcare providers in creating lasting consumer and patient relationships”, “Together, the companies will have unmatched scale, reach and potential in delivering engagement tools that contribute to healthier communities.”
Jovan Willford, CEO, Mercury Healthcare