TA Associates Invests In Alpha II, Which Provides Revenue Cycle Management Solutions For Health Care Provider Organizations

Private equity firm TA Associates signed a definitive agreement to make a significant growth investment in Alpha II, which provides revenue cycle management (RCM) technology solutions for health care provider organizations. The transaction is expected to close in June of 2023. The size of the investment was not disclosed. As part of TA’s investment, Mark Carter, Ethan Liebermann, and Eric Zagorski will join Alpha II’s Board of Directors. Additionally, as part of the transaction, existing shareholder WestView Capital Partners intends to reinvest alongside TA to maintain its minority position in Alpha II.

Founded in 1983, Alpha II has . . .