TripleTree, LLC, a strategic advisor and merchant bank serving innovative and market-leading companies in healthcare, is pleased to announce that it advised Zipari on its strategic growth investment from Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector. Zipari is the company behind the first and only consumer experience (CX) platform built specifically for healthcare payers. Through this investment, Zipari will combine with Healthx, a provider of trusted healthcare engagement technologies, to create a leading CX platform and solutions for health insurance payers and third-party administrators (TPAs).
“The on-going shift towards healthcare consumerism has created momentum for companies that enhance, enable and improve the member experience,” said Dave Brownlie, Managing Director at TripleTree. “Zipari has been an innovator and market leader in this regard and the strategic growth investment from Thoma Bravo accelerates the company’s vision for a highly differentiated and comprehensive healthcare CX platform.”
“This transaction represents an inflection point for our company and catalyzes the opportunity to build the next generation of healthcare CX platform – a platform that will enable new levels of member engagement and create a more personal healthcare system,” said Mark Nathan, CEO of Zipari. “TripleTree was a trusted advisor during this process and their understanding of the rapidly evolving healthcare landscape was essential to identifying and creating an outcome that positions Zipari for its next chapter.”
TripleTree, LLC acted as the exclusive financial advisor to Zipari for this transaction.
About TripleTree
TripleTree is an independent merchant bank focused on mergers and acquisitions, growth capital, recapitalizations, strategic advisory and principal investing. Since 1997, the firm has advised and invested in some of the most innovative, high-growth businesses in healthcare. For more, visit www.triple-tree.com.
About Zipari
Based in Brooklyn, New York, Zipari is a healthcare technology company that develops products for health insurance carriers to engage with consumers in new and innovative ways. With unsurpassed technology, Zipari’s products provide real-time insights at every touchpoint, delivering value to health insurance payers with breakthrough experiences for all of their consumers. Zipari serves more than 40 million members via their payer and TPA customers. For more information about Zipari, please visit www.zipari.com
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