Ropes & Gray Advises WellSky in its Acquisitions of CarePort Health
Ropes & Gray advised WellSky Corp., a global health and community care technology company jointly owned by TPG Capital and Leonard Green & Partners, in its acquisition of CarePort Health. The transaction was announced on October 14 and closed on December 31. The press release is here.
CarePort solutions assist hundreds of hospitals and thousands of post-acute care providers to efficiently coordinate and transition patients through different settings of care. TPG Capital is the private equity platform of TPG, a global alternative asset firm founded in 1992 with approximately $83 billion of assets under management.
The Ropes & Gray team that represented WellSky included private equity partners Jay Freedman and Chau Le, mergers & acquisitions partner Matthew Jacobson (all of San Francisco), finance partner Michael Lee (Boston), tax partner Benjamin Rogers (San Francisco), employment, executive compensation & benefits partners Douglas Brayley (Boston) and Danna Kivell (New York) and counsel Ellen Sueda (San Francisco), health care partner Christina Bergeron (Boston), and data, privacy & cybersecurity partner Edward McNicholas (Washington D.C.).