ImageTrend, Inc. announced an equity investment from Welsh, Carson, Anderson & Stowe (WCAS). Robert W. Baird & Co. acted as the financial advisor for ImageTrend. Kirkland & Ellis LLP served as legal counsel and Shea & Co. served as financial advisor to WCAS. Terms of the deal were not disclosed.
ImageTrend delivers software solutions, data analytics and services for EMS departments, hospitals, community paramedicine (CP), critical care, fire and preparedness functions to enable fully integrated patient-centric healthcare and public safety.
WCAS is a private equity firm focused on two target industries, technology and health care. Since its founding in 1979, the firm has raised and managed funds totaling more than $30 billion of committed capital.
According to data captured in the LevinPro HC database, this acquisition represents the 30th eHealth transaction of 2023, and the sixth in the analytics subsector. Throughout 2022, there were 321 eHealth and 52 analytics transactions announced.
