Arcadia, a leading healthcare data platform, and Nordic Capital, a premier private equity investor in healthcare and technology, today announced a strategic partnership where Nordic Capital will become the majority owner of Arcadia. The partnership will accelerate Arcadia’s mission to transform healthcare to make it sustainable through predictive insights, AI-powered analytics, and actionable intelligence.
Arcadia’s platform integrates data from across the healthcare ecosystem and transforms it into insights that generate improved outcomes and quality, increased revenue, and reduced costs for providers, payers, and government organizations. With differentiated access to rich datasets, Arcadia delivers advanced analytics and performance benchmarks that support smarter, faster decision making, benefiting the modern healthcare system.
Nordic Capital brings a proven track record of investing in and scaling high-growth companies within the healthcare and technology space, building sustainable companies that improve the markets in which they operate. With Nordic Capital's support and deep experience in healthcare technology, services, and data-driven transformation, Arcadia will be able to accelerate its expansion and further positively impact healthcare customers in two key ways. First, by providing a flexible, scalable platform that enables organizations to act on insights and improve both clinical and financial performance; second, by delivering deeper, more comprehensive data to inform their strategic decisions.
“Nordic Capital’s investment is a powerful endorsement of the strength of Arcadia’s platform and confidence in our ability to deliver value by improving outcomes and reducing costs,” said Michael Meucci, Arcadia’s President and CEO. “This milestone marks a new phase of growth for Arcadia, grounded in the same mission, but with even stronger backing to scale smarter, invest faster, and accelerate innovation to meet the growing demand for data-driven intelligence in healthcare.”
“We are deeply impressed by Arcadia’s innovation leadership in healthcare data,” said Daniel Berglund, Partner and Co-Head of Healthcare, Nordic Capital Advisors. “The Arcadia platform is redefining how healthcare organizations use data to drive efficiency and improve quality. This partnership aligns seamlessly with Nordic Capital’s investment strategy and Nordic Capital is excited to support Arcadia in its next phase of growth.”
The transaction is expected to close in the second half of 2025 subject to customary regulatory approvals and closing conditions. Terms of the transaction were not disclosed.
Lazard acted as exclusive financial advisor to Arcadia and TripleTree acted as exclusive financial advisor to Nordic Capital for this transaction.