GHX agrees to investment from Warburg Pincus to expand growth

June 3, 2021

Global Healthcare Exchange (GHX) announced it has entered into a definitive agreement to receive a strategic investment from Warburg Pincus.

As part of this transaction, minority investor Thoma Bravo has exited its investment. Existing investor Temasek, an investment company headquartered in Singapore, will remain the majority equity holder, and both Temasek and GHX are supportive of the investment by Warburg Pincus. The terms of the transaction were not disclosed. 

Headquartered in Louisville, Colo., GHX has employees in the United States, Canada and Europe and is known for operating the largest healthcare trading network representing more than 80% of licensed beds in the U.S. and more than 85% of med-surg products flow through the platform. Following its acquisition of Lumere in 2020, GHX also operates the largest unified data core of item, vendor, transaction data and clinical evidence.

GHX has the release.