K&L Gates Advised Vee Healthtek On Strategic Growth Investment From TA Associates

K&L Gates Advised Vee Healthtek on Strategic Growth Investment from TA Associates

K&L Gates Straits Law LLC, the Singapore office of global law firm K&L Gates, has advised Vee Healthtek, a Bengaluru and US-based revenue cycle management (RCM) services provider, on its strategic growth investment from US private equity firm TA Associates. Formerly a division of Vee Technologies, Vee Healthtek provides RCM services to hospitals, health systems, and pharmaceutical companies worldwide.

This investment will enable Vee Healthtek to enhance its technological capabilities, expand its service offerings, and accelerate its growth trajectory. The deal marks TA Associates' first acquisition in the RCM sector in India and its second control investment in the country.

The K&L Gates team advising on the transaction was led by Singapore Corporate Partners David Kuo and Meraj Noor, with support from Senior Associates Ying Chern Tan, Su Yun Kiew, and Associate Esther Neo and Indian co-counsel Shardul Amarchand Mangaldas & Co.

Vee Healthtek was financially advised by Avendus Capital.

Chocko Valliappa, CEO and Managing Director of Vee Technologies and Chairman of Vee Healthtek, commented on the completion of the transaction, “It’s been a pleasure working with the K&L Gates Singapore team. They have been incredibly proactive and supported us at every step.”

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