GTCR and Cedar Gate Technologies Announce Acquisition of Deerwalk

GREENWICH, Conn., Dec. 16, 2020 /PRNewswire/ — GTCR, a leading private equity firm, announced today that its Cedar Gate Technologies (“Cedar Gate”) management partnership with CEO David Snow has acquired Deerwalk, Inc. (“Deerwalk”).  Deerwalk is a high-growth, software-as-a-service (SaaS) data and analytics vendor focused on the healthcare payer market, including health plans and self-insured employers, along with their third-party plan administrators and brokers. Deerwalk’s software solution is highly complementary with Cedar Gate, providing a user-friendly data aggregation and analytics solution that provides actionable insights and savings recommendations to lower healthcare spend while helping to deliver excellent clinical outcomes.

Cedar Gate is a Leaders StrategyTM partnership between GTCR and Mr. Snow, a 35-year veteran of the healthcare industry and former Chairman and CEO of Medco, that was established with the strategy of…

Source link