GTCR to Acquire Cloudbreak Health for ~$180M
- GTCR has signed a definitive agreement to acquire Cloudbreak Health for an aggregate of ~$180M. The transaction is expected to close by Q1’24
- The transaction led by the acquisition is expected to strengthen Cloudbreak’s position as an interpretive telehealth service provider as GTCR plans to make substantial investments to enhance Cloudbreak’s market strategy, operational efficiencies & in Cloudbreak’s tech-enabled offerings
- Cloudbreak Health provides video-focused language interpretation services, like Martti, that help patients with limited English proficiency to communicate with caregivers in healthcare settings
Ref: PR Newswire | Image: Cloudbreak Health
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