Kirkland & Ellis LLP advised RLDatix, which is backed by TA Associates and Five Arrows Principal Investments/Five Arrows Capital Partners, on its definitive agreement to acquire iContracts.
iContracts provides cloud-based solutions for managing contracts, policies, and the revenue cycle that are faster, easier and less expensive to implement. Financial terms of the transaction were not disclosed.
RLDatix is a driving force for innovation in patient safety. Bringing together the best of RL Solutions and Datix, the company leverages more than three decades of global expertise dedicated to making healthcare safer.
The Kirkland team was led in the United States by transactional partner Sean Kramer (Picture) and associate Payson Lyman, and tax partner Vincent Thorn, and in the United Kingdom by transactional partners David Holdsworth and associate Helena Drury, debt finance partners Neel Sachdev and Hugh O’Sullivan, and tax partner Mark Ingram. The Kirkland team also included transactional partners Jeffery Seifman, Shelly Hirschtritt and Adam Phillips.
Involved fees earner: Helena Drury – Kirkland & Ellis; Shelly Hirschtritt – Kirkland & Ellis; David Holdsworth – Kirkland & Ellis; Mark Ingram – Kirkland & Ellis; Sean Kramer – Kirkland & Ellis; Payson Lyman – Kirkland & Ellis; Hugh O’Sullivan – Kirkland & Ellis; Adam Phillips – Kirkland & Ellis; Neel Sachdev – Kirkland & Ellis; Jeffery Seifman – Kirkland & Ellis; Vincent Thorn – Kirkland & Ellis;
Law Firms: Kirkland & Ellis;