August 15 2023
TripleTree Advises Spectrum Equity on its Growth Investment in VBA
VBA, a leader in cloud-based benefits software for healthcare payers, announced that the company has closed a $156 million majority growth equity transaction led by Spectrum Equity, the leading growth equity firm behind healthcare information technology companies Definitive Healthcare and GoodRx. Existing investor Arthur Ventures also participated in the round.
LEAD INVESTMENT BANKERS
David Brownlie
Ashish Varshneya
VBA, a leader in cloud-based benefits software for healthcare payers, announced that the company has closed a $156 million majority growth equity transaction led by Spectrum Equity, the leading growth equity firm behind healthcare information technology companies Definitive Healthcare and GoodRx. Existing investor Arthur Ventures also participated in the round.
LEAD INVESTMENT BANKERS
David Brownlie
Ashish Varshneya