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August 15 2023

TripleTree Advises Spectrum Equity on its Growth Investment in VBA

VBA, a leader in cloud-based benefits software for healthcare payers, announced that the company has closed a $156 million majority growth equity transaction led by Spectrum Equity, the leading growth equity firm behind healthcare information technology companies Definitive Healthcare and GoodRx. Existing investor Arthur Ventures also participated in the round.

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David Brownlie

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Ashish Varshneya

VBA, a leader in cloud-based benefits software for healthcare payers, announced that the company has closed a $156 million majority growth equity transaction led by Spectrum Equity, the leading growth equity firm behind healthcare information technology companies Definitive Healthcare and GoodRx. Existing investor Arthur Ventures also participated in the round.

LEAD INVESTMENT BANKERS

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David Brownlie

Contact David
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Ashish Varshneya

Contact Ashish