Advent International (“Advent”), one of the largest and most experienced global private equity investors, has announced that it has made an investment in Definitive Healthcare (“the Company”), a leading data and analytics provider across the healthcare ecosystem, as detailed in the company press release. Advent joins Founder/CEO Jason Krantz and Spectrum Equity (“Spectrum”), a leading growth equity firm, which originally invested in the Company in February 2015.
Advent International (“Advent”), one of the largest and most experienced global private equity investors, has announced that it has made an investment in Definitive Healthcare (“the Company”), a leading data and analytics provider across the healthcare ecosystem, as detailed in the company press release. Advent joins Founder/CEO Jason Krantz and Spectrum Equity (“Spectrum”), a leading growth equity firm, which originally invested in the Company in February 2015. Financial terms were not disclosed.
Latham & Watkins LLP represents Spectrum Equity in the transaction with a Boston-based corporate team led by partners Hans Brigham and Nathaniel Amory with associates Laki Triantafylidis, Jackson Mejia and Kiara Vaughn. Advice was also provided on tax matters by Los Angeles partner Larry Stein with Boston associate Joseph Curran; on benefits and compensation matters by Silicon Valley partner James Metz with associate Ashley Wagner; on intellectual property matters by Boston partner Sarah Gagan with associate Deborah Hinck; on antitrust matters by san Francisco partner Karen Silverman with San Francisco counsel Jason Daniels, Washington, D.C. counsel Patrick English and San Francisco associate Cindy Guan; on insurance matters by Los Angeles partnerDrew Levin with San Diego associate Denis Griffin; on data privacy matters by San Francisco associate Heather Deixler; on healthcare matters by Los Angeles counsel Jennifer Yoo; and on finance matters by New York partners Joshua Tinkelman and Scott Ollivierre with Boston associate Jon Ellis.
