PSG, a growth equity firm, announced on June 8 that it acquired Loopback Analytics. According to data captured from the LevinPro HC database, this transaction marks the 128th eHealth acquisition of 2023, and the 21st in the analytics specialty.
Founded in 2009, Loopback Analytics is a leading provider of data analytics and insights that simplify understanding, access and innovation for patients requiring specialty care. According to its website, Loopback serves more than 40 health system clients, more than 250 hospitals and millions of patients nationwide.
PSG partners with middle-market software and technology-enabled service companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. The company has backed more than 95 companies and facilitated more than 375 add-on acquisitions. Founded in 2014, PSG operates out of offices in Boston, Kansas City and London.
William Blair served as financial advisor to Loopback Analytics, while Weil, Gotshal & Manges LLP served as legal advisor to PSG. Financial terms were not disclosed.
This is PSG’s first acquisition of 2023. In 2022, the company acquired DoseSpot, a software-as-a-service, e-prescribing platform, and mPulse Mobile which provides AI and digital engagement solutions for the healthcare industry. DoseSpot purchased pVerify earlier this week. More information on that transaction can be found here.
