Ropes & Gray Advises GI Partners in its Investment in Rectangle Health
Ropes & Gray advised GI Partners in its investment in Rectangle Health in conjunction with existing investor TA Associates. Terms of the transaction were not disclosed. The deal was announced on Nov. 1 in a press release.
Rectangle Health is a leading provider of healthcare financial technology and patient engagement solutions. GI Partners is a leading private investment firm that has raised over $29 billion in capital from leading institutional investors around the world to invest in private equity, real estate and data infrastructure strategies.
The Ropes & Gray team that advised GI Partners was led by private equity partners Neill Jakobe (Chicago) and Chau Le (San Francisco), and included private equity partner Daniel Cowan (Boston), tax partner Aaron Harsh (Boston), employment, executive compensation & benefits partner Jennifer Cormier (Boston), leveraged finance partner Alexander Zeltser (New York), private equity partner Elizabeth Gallucci (San Francisco), health care partner Christine Moundas (New York), data, privacy & cybersecurity partner Edward McNicholas (Washington, D.C.), IP transactions partner Edward Black (Boston), litigation & enforcement partner Anne Johnson Palmer (San Francisco), mergers & acquisitions counsel Thomas Burke (New York), litigation and enforcement counsel Steven Kaye and Deidre Johnson and tax counsel Sara Clevering (all of Boston).