Net Health announces it has entered into a definitive agreement to be acquired by asset manager The Carlyle Group and software focused growth equity investor Level Equity, as well as Net Health’s management team.

Terms of the transaction, which is expected to close in Q4 2017, were not disclosed.

Net Health provides cloud-based clinical documentation, practice management, and billing solutions for specialized outpatient healthcare providers, including occupational medicine and rehab therapy.

“We are absolutely thrilled to be partnering with The Carlyle Group,” says Anthony Sanzo, CEO of Net Health, in a media release.

“We are delighted by the confidence Carlyle has demonstrated in our products, services, vision, and leadership. Carlyle’s highly strategic, thoughtful, and collaborative approach will help the company capitalize on the vast opportunity ahead.”

[Source(s): Net Health, PRWeb]