Five Arrows and TA Associates-owned RLDatix to buy iContracts
RLDatix has agreed to acquire iContracts, a Bridgewater, New Jersey-based provider of contract, policy and revenue management solutions to the healthcare and life sciences industries. Terms weren't released for the deal, which is expected to close in the weeks ahead. RLDatix, a patient safety software platform based in Toronto and London, the United Kingdom, said the deal broadens its reach in the governance, risk management and compliance space. RLDatix, owned by Five Arrows Principal Investments and TA Associates, was formed last year with the merger of RL Solutions and Datix. Susquehanna Growth Equity, which backs iContracts, will become an investor in the combined business.


