Blackstone took a majority stake in HealthEdge, a technology firm that delivers core administration processing systems solutions to healthcare businesses.
According to a press release, the investment is being led by Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage the private markets powerhouse’s deep operating resources and scale.
Blackstone launched is growth equity platform BXG under the leadership of Jon Korngold last year. Korngold joined in January 2019 and had been a former senior leader at General Atlantic.
Recently, the unit . . .
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