Global investor KKR has acquired a significant minority stake in Infinx Services, an AI-driven healthcare revenue cycle solutions provider.Though KKR did not disclose the acquisition price, it is believed to be between $150 million to $200 million, sources said.KKR made this investment from its Asian Fund IV.
Through this investment, KKR will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx’s growth, expand the company’s network and support bolt-on acquisitions. Norwest Venture Partners, an existing shareholder, also participated in the transaction, according to a release from KKR and Infinx.
Earlier this month, KKR also invested in Healthium, an Indian medical devices company.Akshay Tanna, partner and head of India private equity at KKR, said, “We look forward to leveraging KKR’s industry and operational expertise to further enhance Infinx’s scale and capabilities, and collaborating closely with Jaideep, Sudeep, and their talented team to take Infinx to its next stage of growth.
“Co-founded in 2012 by Sandeep Tandon and Jaideep Tandon, Infinx provides innovative, data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the US market.
