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Healthcare & Life Sciences Private Equity Deal Tracker: GTCR Acquires Cloudbreak Health for $180 Million

By Geoff Cockrell on March 20, 2024
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GTCR announced it has closed its acquisition of Cloudbreak Health from UpHealth for a purchase price of $180 million.

Cloudbreak, based in Columbus, Ohio, is a video-focused language interpretation service provider that helps patients with limited English proficiency communicate with caregivers in healthcare settings.

GTCR, based in Chicago, pursues a wide range of investments in several industries, including healthcare. Founded in 1980, the firm prefers to make more substantial investments from a dollars perspective.

GTCR had announced it would acquire Cloudbreak in November 2023.

Photo of Geoff Cockrell Geoff Cockrell

Geoffrey serves as the chair of the firm’s private equity group. He has a wide scope of experience spanning mergers and acquisitions, senior and mezzanine lending, venture capital investments and private equity fund formation.

Read more about Geoff CockrellEmailGeoff's Linkedin Profile
  • Posted in:
    Health Care
  • Blog:
    The Healthcare Investor
  • Organization:
    McGuireWoods LLP
  • Article: View Original Source

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