Deals
RLDatix Nears $1.3 Billion Deal for Vista’s Allocate
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Health-care technology company RLDatix agreed to buy Allocate Software, the maker of cloud-based medical platforms owned by private equity firms Vista Equity Partners and Hg.
The acquisition is pending final approvals expected to be completed in the coming weeks, RLDatix said in a statement on its website Monday, which confirmed an earlier Bloomberg News report. It didn’t provide financial terms. The deal is valued at more than 970 million pounds ($1.3 billion), people familiar with the matter said.