Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP represented Flywire in the acquisition. Fenwick & West represented Simplee.
Flywire, a high-growth vertical payments company, announced that it has acquired Simplee, a leading healthcare technology platform, to optimize the digital payments and patient engagement experience in healthcare and scale its global payments services. The acquisition builds on Flywire’s growing healthcare payments business and accelerates the company’s market share.
Flywire’s acquisition of Simplee accelerates the digitization of payments to address the challenges around patient engagement as well as healthcare finance and affordability. Combining Flywire’s high-tech platform for providers with Simplee’s consumer-first paths to payment, both patients and providers are empowered to settle payment faster and on their own terms. Together, the companies will power four of the top ten US healthcare systems and process more than $10 billion in patient payments per year.
The Gunderson Dettmer deal teams were led by David Gammell (Picture) and included Andrew Luh, James Hauser, Marna Pattaropong, David Moore, Chis Sintetos, Laura Stoffel, Megan Canepari, Emily Lieberman and Jace Clegg.
The Fenwick transaction team included corporate partners Cynthia Clarfield Hess and Ethan Skerry and associates Trevor Lynch, Adam Derry, Ivan Au, Mitchell Duncombe and Joanna Xu; executive compensation and employee benefits partner Matthew Cantor and associate Sarah Ghulamhussain; technology transactions partner Jonathan Millard and associate Sophia Chen; privacy and cybersecurity director Brent Hoard and tax partner William Skinner and associate Einav Axler.
Involved fees earner: Ivan Au – Fenwick & West LLP; Einav Axler – Fenwick & West LLP; Matthew Cantor – Fenwick & West LLP; Sophia Chen – Fenwick & West LLP; Cynthia Clarfield Hess – Fenwick & West LLP; Adam Derry – Fenwick & West LLP; Mitchell Duncombe – Fenwick & West LLP; Sarah Ghulamhussain – Fenwick & West LLP; Trevor Lynch – Fenwick & West LLP; Jonathan Millard – Fenwick & West LLP; Ethan Skerry – Fenwick & West LLP; William Skinner – Fenwick & West LLP; Joanna Xu – Fenwick & West LLP; Megan Canepari – Gunderson Dettmer; Jace Clegg – Gunderson Dettmer; David Gammell – Gunderson Dettmer; James Hauser – Gunderson Dettmer; Emily Lieberman – Gunderson Dettmer; Andrew Luh – Gunderson Dettmer; David Moore – Gunderson Dettmer; Marna Pattaropong – Gunderson Dettmer; Christopher Sintetos – Gunderson Dettmer; Laura Stoffel – Gunderson Dettmer;