M&AHealthcareSIGNED
Spectrum Equity makes first institutional investment in hospital data firm Symmetric
Acquirer
Spectrum Equity
Target
Symmetric
Spectrum Equity has made its initial institutional investment in Symmetric, a Pittsburgh-based hospital data firm. Symmetric maintains a database of nearly 20 million healthcare items, which it integrates into hospitals' ERP systems.
✦ Meridian Analysis
This is an M&A transaction in the healthcare technology sector, with Spectrum Equity making a strategic investment in Symmetric. It signifies private equity interest in data-driven solutions for the healthcare industry.
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