Levine Leichtman Capital Partners sells its investment in ZorgDomein
Levine Leichtman Capital Partners (LLCP) has sold its investment in ZorgDomein, Netherlands-based healthcare referral platform, to Rabobank.
Founded in 2000, ZorgDomein provides SaaS-based solutions to the Dutch healthcare sector. The Company connects various types of healthcare providers to patients through digital patient referrals, diagnostic requests and consultations. In 2019, over six million patients found the right care through 14+ million referrals in the ZorgDomein environment. More than 80,000 care providers, such as GP’s and specialists, use the platform on a daily basis.
Wouter Snoeijers, Managing Director of LLCP, says: “We believe that LLCP’s investment in ZorgDomein has been highly value additive for all stakeholders. We supported the Company’s growth in new product areas through substantial investment in data analytics, consumer facing propositions such as the “Digital Patient Journey,” and enhanced referral solutions. ZorgDomein has a unique position in the Dutch healthcare domain and we believe Rabobank will be an outstanding partner that will further support the Company as it executes its future growth plans.”
Dick Gorris, CEO of ZorgDomein, says: “We are grateful for the support that LLCP has offered us over the past years. Their investment in the growth of the Company and ability to understand the complexity of operating within the Dutch healthcare domain has helped us ideally position the business for the next phase of growth.”
PwC served as financial advisor and NautaDutilh served as legal counsel in connection with the transaction.