Vestar Capital Partners acquired Quest Analytics, an Appleton, Wisconsin-based provider of software development and consulting services to health plan providers.
The amount of the deal was not disclosed.
Richard Barasch, former CEO of Universal American (a Medicare Advantage plan recently acquired by WellCare Health Plans, Inc.) and a senior advisor to Vestar, will join the Quest board.
Co-founded in 2003 by David Hill and John Weis, who will retain substantial minority stakes in the company and remain active in the business, Quest Analytics is an independent solutions company, providing commercial software development and consulting services for hundreds of health plans, consultants, and government agencies in the healthcare industry.
FinSMEs
22/08/2017