Sagility Expands U.S. Market Presence with BroadPath Acquisition
Deal News | Jan 30, 2025 | PR Newswire Cision Sagility India Ltd
Sagility, a tech-enabled business operations and services provider in the healthcare sector, has acquired BroadPath Healthcare Solutions, a U.S.-based company specializing in healthcare services. This acquisition, announced in Bengaluru, India, marks a strategic effort by Sagility to expand its market presence and diversify its client base, primarily in the mid-market payer segment. BroadPath is known for its work-from-home delivery model and services such as member engagement, claims administration, and provider credentialing. This acquisition adds more than 30 new clients to Sagility's portfolio and enhances its capabilities with BroadPath's specialized member acquisition services. BroadPath's CEO, Don Hubman, highlighted the synergies with Sagility’s advanced technological capabilities, which include automation and analytics. Sagility aims to leverage BroadPath's deep relationships in the U.S. healthcare sector under the continued leadership of BroadPath's existing team.
Sectors
- Healthcare Services
- Business Process Outsourcing
- Technology
Geography
- India – Sagility is headquartered in Bengaluru, India, and made the acquisition announcement from there.
- United States – BroadPath Healthcare Solutions is based in Tucson, Arizona, and operates across the U.S.
- Philippines – BroadPath employs staff located in the Philippines as part of its work-from-home delivery model.
Industry
- Healthcare Services – The acquisition involves companies providing business operations solutions and services focused on the healthcare sector.
- Business Process Outsourcing – Sagility and BroadPath provide outsourced services in client engagement, claims administration, and other operational functions.
- Technology – Sagility offers tech-enabled solutions including automation and analytics as part of its services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sagility | Acquirer | Company | A tech-enabled business operations solutions provider in the healthcare sector. |
| BroadPath Healthcare Solutions | Target company | Company | A U.S. healthcare focused services company providing member engagement, claims administration, and work-from-home delivery model. |
| Ramesh Gopalan | Managing Director and CEO | Person | Managing Director and Group Chief Executive Officer of Sagility. |
| Don Hubman | Chief Executive Officer | Person | CEO of BroadPath Healthcare Solutions, discussing the benefits of the acquisition. |