TigerConnect Strengthens Healthcare Role with Twiage Acquisition

Deal News | Nov 20, 2024 | Vista Equity Partners

TigerConnect Strengthens Healthcare Role with Twiage Acquisition

TigerConnect, a prominent clinical collaboration platform in healthcare, has acquired Twiage, a technology innovator focused on improving pre-hospital communication and care coordination directly between emergency medical systems (EMS) and hospital care teams. Twiage enhances the TigerConnect portfolio by optimizing communication workflows that extend beyond traditional EHR systems, providing real-time patient information from EMS to hospitals before arrival, thus reducing patient handoff times and promoting informed decision-making. Twiage, trusted by numerous healthcare systems like the Mayo Clinic and Yale New Haven Health, aims to revolutionize the continuum of care from a patient’s first medical contact by integrating its services with TigerConnect. This acquisition is a strategic move to bolster TigerConnect's mission to enhance healthcare system connectivity, clinician productivity, and actionable data use, while expanding care delivery capabilities. TigerConnect, backed by Vista Equity Partners, is widely adopted across over 7,000 healthcare facilities and is known for its robust platform supporting various clinical communication and patient engagement operations.

Sectors

  • Healthcare Technology
  • Private Equity

Geography

  • United States – The companies involved in the acquisition, TigerConnect and Twiage, are based in the United States, highlighting a regional focus on advancing healthcare technology.

Industry

  • Healthcare Technology – The acquisition involves companies that develop technology solutions aimed at improving healthcare delivery and communication.
  • Private Equity – Vista Equity Partners is a private equity firm involved in the transaction, indicating the role of private equity in scaling healthcare technology ventures.

Financials

    Participants

    NameRoleTypeDescription
    TigerConnectAcquiring CompanyCompanyA leading clinical collaboration platform in healthcare known for enhancing communication and coordination among healthcare providers.
    TwiageTarget CompanyCompanyAn innovative health technology company that provides communication solutions between EMS and hospitals, founded in 2015 in New York City.
    Vista Equity PartnersPrivate Equity SponsorCompanyA private equity firm that backs TigerConnect, indicating financial support and investment strategy.
    Brad BrooksCEO of TigerConnectPersonChief Executive Officer of TigerConnect, overseeing the company’s strategic initiatives.
    John HuiCEO and Co-founder of TwiagePersonCEO and Co-founder of Twiage, involved in the strategic direction and innovation of the company.