New Mountain Capital to Acquire Machinify and Combine with Leading Healthcare Intelligence and Payment Platform
NEW YORK & DALLAS & PALO ALTO, Calif.–(BUSINESS WIRE)–New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with more than $55 billion in assets under management, today announced a definitive agreement to acquire Machinify, Inc. (“Machinify”), a leading provider of artificial intelligence (AI)-powered software transforming healthcare payments. Machinify will become a core part of the company recently formed through the merger of The Rawlings Group (“Rawlings”),