WebPT’s Acquisition of Clinicient

Lowenstein represented Clinicient in the transaction, while Willkie Farr & Gallagher advised Clinicient.

WebPT announced its acquisition of Clinicient, a portfolio company of Catalyst Investors. The acquisition provides additional scale and industry expertise to fuel innovation from the combined companies to improve patient outcomes, enable digital transformation of the front office and deliver actionable business intelligence. Financial terms of the transaction were not disclosed.

Clinicient, headquartered in Portland, Oregon, provides technology and data solutions that enable providers to improve clinical outcomes and deliver and report on patient care experiences. Clinicient’s Insight and Insight Go platforms provide an integrated EMR, billing, and business intelligence solution to outpatient rehab therapy practices.

WebPT, the leading outpatient physical rehabilitation SaaS platform for patient and practice management services, will continue to support Clinicient’s platforms and customers as it works to integrate the companies’ operations. Combined, the two companies serve more than 27,000 clinics and 43 million patients, providing unprecedented scale in outpatient rehab therapy and a complete software platform for organizations of all sizes.

Catalyst Investors is a growth equity venture capital firm investing in technology-enabled businesses.

The Lowenstein deal team included Michael A. Brosse (Picture), David J. Yovanoff, Darren Goodman, Matthew P. Hintz, Zarema A. Jaramillo, Marc S. Kurzweil, Megan Monson, Michael Walutes, Manali Joglekar, Bryan Sterba, Taryn E. Cannataro, Brianna M. Ferrante, and Sydney J. Kaplan.

The Willkie team was led by partner Dvir Oren.

Involved fees earner: Michael Brosse – Lowenstein Sandler; Taryn Cannataro – Lowenstein Sandler; Brianna Ferrante – Lowenstein Sandler; Darren Goodman – Lowenstein Sandler; Matthew Hintz – Lowenstein Sandler; Zarema Jaramillo – Lowenstein Sandler; Manali Joglekar – Lowenstein Sandler; Sydney Kaplan – Lowenstein Sandler; Marc Kurzweil – Lowenstein Sandler; Megan Monson – Lowenstein Sandler; Bryan Sterba – Lowenstein Sandler; Michael Walutes – Lowenstein Sandler; David Yovanoff – Lowenstein Sandler; Dvir Oren – Willkie Farr & Gallagher;

Law Firms: Lowenstein Sandler; Willkie Farr & Gallagher;

Clients: Clinicient; WebPT;