Kirkland Advises THL on $50 Million Growth Capital Round for Qventus
Kirkland & Ellis advised Thomas H. Lee Partners, L.P. (THL) on a $50 million growth investment in Qventus, Inc. (Qventus), the leading provider of AI-powered software for care operations. The funding round was led by THL along with Premier, Inc., a leading healthcare improvement company. THL and Premier were joined by Thedacare, along with existing investors Bessemer Venture Partners, Mayfield Fund, and Norwest Venture Partners.
The Kirkland team was led by corporate partner Kyle McHugh and associates Sam Stowers and Jackson Esker, with support from corporate partner Ted Frankel