ARTICLE
20 January 2025

Healthcare & Life Sciences Private Equity Deal Tracker: New Mountain To Acquire Machinify

New Mountain Capital has announced it will acquire Machinify.
United States Food, Drugs, Healthcare, Life Sciences

New Mountain Capital has announced it will acquire Machinify.

Machinify, founded in 2016 and based in Palo Alto, California, is a provider of artificial intelligence (AI)-powered software focused on healthcare claims and payments.

New Mountain, based in New York, is a growth-oriented investment firm. Founded in 1999, the firm manages private equity, credit and net lease real estate funds with approximately $55 billion in assets under management.

The acquisition is expected to close in the first quarter of 2025.

Terms of the transaction were not disclosed.

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