Recapitalization of the Chartis Group, LLC

Lincoln International LLC acted as exclusive financial advisor and Winston & Strawn LLP served as legal counsel to Chartis. Ropes & Gray LLP served as counsel to Audax.

Audax Private Equity has recapitalized, in partnership with management, The Chartis Group, LLC.

Headquartered in Chicago, IL, and previously a portfolio company of RLH Equity Partners, Chartis is a leading provider of advisory consulting and software analytics to hospitals, health systems, and other healthcare organizations around the world.

Founded in 2001, Chartis’ mission is to materially improve the delivery of healthcare by providing thought leadership, advisory, innovation, and analytics services to healthcare organizations. The Chartis management team will continue to lead the Company and, together with the Chartis consultants and employees, maintain a significant ownership position.

Winston & Strawn represented RLH Equity Partners and the shareholders of Chartis Holdings

Ropes & Gray advised Audax Private Equity with a team including private equity partner Kendrick Chow (Picture), finance partner Michael Lee, tax partner Lee Allison, labor & employment partner Peter Ebb, benefits partner Jennifer Rikoski and private equity associate Graham Foster.

Involved fees earner: Lee Allison – Ropes & Gray; Kendrick Chow – Ropes & Gray; Peter Ebb – Ropes & Gray; Graham Foster – Ropes & Gray; Michael Lee – Ropes & Gray; Jennifer Rikoski – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Audax Private Equity Fund L.P;

Author: Ambrogio Visconti