Bain Capital has acquired UST HealthProof from UST, according to a news release.
UST HealthProof is a provider of technology-enabled services and solutions for health plans.
Bain Capital Private Equity, founded in 1984 and based in Boston, focuses on making control and minority equity investments and prefers to make more substantial investments from a dollars perspective. The firm invests in healthcare and several other industries. Within healthcare, Bain Capital Private Equity targets companies in the provider services, hospital/major facilities, life sciences/pharmaceutical and non-reimbursement industries.
UST is a global digital solutions provider.
Terms of the acquisition were not disclosed.
Following the acquisition, Bain Capital merged HealthEdge and UST HealthProof. The combined company, based in Boston, will operate as HealthEdge.
