Deals



Thoma Bravo Acquires GHX


Posted: 6th February 2014 09:39

Thoma Bravo, LLC, a leading private equity investment firm, and Global Healthcare Exchange, LLC (GHX), a privately-held provider of connected, intelligent healthcare supply chains, have entered into a definitive agreement for the acquisition of GHX by an affiliate of Thoma Bravo. Financial details were not disclosed. The current GHX senior management team will continue to manage the company.

“GHX maintains a strong position in North America and Europe with solutions that span the breadth of the healthcare supply chain. GHX will continue to diligently serve the needs of its customers through collaboration and strong partnership,” said Bruce Johnson, CEO and president of GHX. “Thoma Bravo’s support and expertise in the software and healthcare IT industries will allow us to further capitalize on our leadership globally.”

“The GHX acquisition is consistent with our strategy of investing in companies that are clear leaders with significant recurring revenue streams,” said Orlando Bravo, a managing partner at Thoma Bravo. “GHX is ahead of the innovation curve with its efficiency solutions, and the growth opportunities for the company are significant as healthcare organizations look to streamline and automate their operations.”

GHX is headquartered in Louisville, Colo., with employees in the United States, Canada and Europe. GHX is known for its electronic trading exchange and supply chain solutions for med-surg. In 2013, the company launched its implantable devices supply chain solution to address inefficiencies and a lack of automation in the operating room.
“The management team at GHX has built a strong supply chain solutions company that is an industry leader with a proven track record,” added Seth Boro, a managing partner at Thoma Bravo. “GHX, with its mission to reduce the cost of healthcare, is uniquely positioned to continue leading the industry with its med-surg solutions and now with its new implantable devices supply chain solutions. We intend to build off of that reputation and help them accelerate their growth.”

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