17 hours ago
- Business
- Wall Street Journal
Nordic Capital Acquires Healthcare Analytics Company Arcadia
European investor Nordic Capital has acquired healthcare analytics company Arcadia Solutions to leverage artificial intelligence's potential to improve healthcare and save money.
The Nordic acquisition marks an exit for earlier investors, such as healthcare specialist Peloton Equity, whose predecessor firm Ferrer Freeman acquired Arcadia in 2012. Other backers include drugmaker Merck's digital-health venture-capital arm and private-credit firm Vista Credit Partners.