Mercury Healthcare, Backed by Vestar Capital, Acquired by WebMD Health Corp
NEW YORK, June 29, 2022 /PRNewswire/ — Vestar Capital Partners, a leading U.S. middle-market private equity firm, today announced the sale of data analytics and technology company Mercury Healthcare to WebMD Health Corp. , an Internet brand company and 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 past decade as they have become true leaders in consumer engagement and b2b healthcare,” said Norm Alpert, founding partner, co-president and head of healthcare at Vestar. “Vestar targets innovative companies at the forefront of enabling patients, providers and payers to make more informed decisions that improve the cost and quality of care. We recognize the importance of data and analytics to drive positive results, and we remain committed to investing in market-leading companies at the intersection of healthcare and technology.”
The combination of WebMD and Mercury Healthcare will help transform the patient experience by enabling more effective and efficient communication with patients and caregivers.
“This acquisition is the culmination of Mercury Healthcare’s 30-year legacy of helping healthcare providers build lasting relationships with consumers and patients,” said Jovan WillfordCEO, Mercury Health. “Together, companies will have unparalleled scale, reach and potential in delivering engagement tools that contribute to healthier communities.”
About Mercury Healthcare
Mercury Healthcare is a technology and data analytics company that enables healthcare organizations to engage consumers and optimize supplier relationships to accelerate growth. Clients benefit from 30 years of experience applying data analytics to drive intelligent engagement and enable personalized healthcare journeys. Mercury Healthcare helps healthcare organizations create seamless customer experiences and improve outcomes to build healthier communities. For more information, please visit www.mercuryhealthcare.com.
About Vestar Capital Partners
Vestar Capital Partners is a leading US private equity firm specializing in management buyouts and growth capital investments. Vestar invests and works with incumbent management teams and private owners to create long-term enterprise value, with a focus on consumer, business and technology services and healthcare. Since their inception in 1988, Vestar funds have invested $11 billion in 88 companies – as well as more than 200 complementary acquisitions – for a total value of approximately $52 billion. For more information about Vestar, please visit www.vestarcapital.com.
SOURCEVestar Capital Partners