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Varagon Capital Partners supports TPG Growth’s acquisition of Q-Centrix

Varagon Capital Partners (Varagon) is serving as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of Q-Centrix by TPG Growth. Q-Centrix is the largest registry data management company in the US.

Founded in 2010 and headquartered in Chicago, IL, Q-Centrix aims to measurably improve the quality and safety of patient care in the US through the use of its market-leading technology platform, Q-Apps, that augments the clinical intelligence and efficiency of the industry’s largest and broadest team of nurse-educated, Quality Information Specialists. Processing in excess of 2 million quality data transactions annually, Q‐Centrix provides quality data capture, surveillance, measure calculations, analysis, reporting, and improvement solutions.
 
“With Varagon’s expanded healthcare investment team, we are excited to partner with TPG Growth and the Q-Centrix management team to continue delivering a comprehensive quality data management solution to hundreds of hospitals,” says Sam Kwon, Managing Director at Varagon.
 

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