Arcadea Group, a long-term investor in global software businesses, announced on May 28 its acquisition of Intuitive Care in Sao Paulo, Brazil.

Intuitive Care is a revenue cycle management provider for the Brazilian healthcare industry. The company offers a comprehensive suite of financial cycle solutions that streamline billing, collections and revenue optimization for hospitals, clinics and specialty practices.

Founded in 2020, Arcadea Group is a private equity firm based in Toronto, Canada. The firm seeks to invest in information technology and vertical software-as-a-service sectors.

Intuitive Care will continue to operate under the leadership of its co-founders. CEO Paulo Liete Pinto and CTO Luis Neto, along with the rest of Intuitive Care’s senior team, will remain at the helm, driving product development and client success in close partnership with Arcadea.

This transaction marks Arcadea’s second investment in the Brazilian healthcare space, following its September 2024 strategic investment in Animati, a leading provider of radiology practice management solutions. Financial terms for both deals were not disclosed.

According to data captured in the LevinPro HC database, this acquisition represents the 129th eHealth transaction of 2025, and the 23rd in the RCM specialty. This marks a significant jump from last year, when there were 90 eHealth and 12 RCM deals announced between January 1, 2024, and May 28, 2024. There were 246 eHealth and 36 RCM deals announced throughout all of 2024.