Key Takeaways
- • Mainsail Partners-backed ChiroHD has acquired ChiroBilling, an outsourced chiropractic billing company, in an add-on transaction.
- • ChiroBilling was founded in 2012 and employs a team of 30 professionals.
- • The deal is classified as a healthcare add-on acquisition, expanding ChiroHD's revenue cycle and billing capabilities within chiropractic practice management.
Summary
ChiroHD, a portfolio company of Mainsail Partners, has acquired ChiroBilling, an outsourced billing company serving chiropractic practices, according to PEI Private Equity. The transaction is an add-on acquisition, a structure in which a private equity-backed platform company buys a complementary business to extend its service offering and scale.
ChiroBilling was founded in 2012 and has a team of 30 professionals. The company provides outsourced billing services to chiropractic providers, a niche within healthcare revenue cycle management. The source article does not disclose the purchase price or other financial terms of the transaction.
The deal was reported by PEI Private Equity, with reporter Iris Dorbian credited on the story. Coverage was categorized under US healthcare deals. Further details on deal value, integration plans, and post-closing ownership were not included in the available source material.
ChiroBilling was founded in 2012 and has a team of 30 professionals. The company provides outsourced billing services to chiropractic providers, a niche within healthcare revenue cycle management. The source article does not disclose the purchase price or other financial terms of the transaction.
The deal was reported by PEI Private Equity, with reporter Iris Dorbian credited on the story. Coverage was categorized under US healthcare deals. Further details on deal value, integration plans, and post-closing ownership were not included in the available source material.
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