Connect with us

Technology

EQT to acquire GeBBS Healthcare Solutions, a leading healthcare technology solutions provider

Published

on

GeBBS Healthcare Solutions (“GeBBS” or the “Company”) specializes in revenue cycle management, health information management (HIM), and medical billing servicesIt offers a range of services designed to help US-based healthcare providers, including hospitals, health systems, and physician practices, improve their financial performance by optimizing revenue cycle processes and ensuring accurate coding and billing practicesDrawing on its extensive experience of supporting global healthcare technology providers and proven value creation playbook in Tech Services, EQT will support GeBBS’ management team in the next phase of their growth strategy, including through expansion into new customer segments, strengthening in-house technology capabilities, and driving further M&A 

STOCKHOLM, Sept. 9, 2024 /PRNewswire/ — EQT is pleased to announce that the BPEA Private Equity Fund VIII (“EQT Private Capital Asia”) has agreed to acquire a controlling beneficial interest in GeBBS, a global provider of healthcare outsourcing solutions, from ChrysCapital.

GeBBS offers a range of services which help US-based healthcare providers improve their financial performance by optimizing revenue cycle management (RCM) processes and ensuring accurate coding and billing practices. The fragmented global RCM services market continues to witness double-digit growth, driven by long-term trends such as growing patient volumes, increasing complexity within US healthcare operations, and limited availability of skilled resources for critical functions. GeBBS is well-positioned to capitalize on these tailwinds on the back of its strong solutions suite, which spans the front, middle and back-end of the RCM value chain. The Company – which was founded in 2005 and has established a global footprint of 13,000 employees spread across the US, India, Dominican Republic and Philippines – benefits from strong relationships with a diverse range of customers across US-based hospitals, physician groups, and other healthcare firms.

EQT Private Capital Asia will support the Company’s next phase of accelerated growth and innovation, drawing on EQT’s deep experience in the healthcare technology segment, global network of industry experts and dedicated digital value-creation team.

Hari Gopalakrishnan, Partner in the EQT Private Capital Asia advisory team and Head of EQT Private Capital India, said: “Healthcare technology is a key investment theme for EQT. GeBBS has developed a robust business with a clear focus on supporting healthcare providers through industry leading solutions. We see strong alignment between GeBBS’ growth ambitions and EQT’s experience in creating long-term value. We look forward to supporting the team through EQT’s proven value creation playbook to further accelerate GeBBS’ growth momentum.”

“We are excited to welcome an investor of EQT’s stature, whose profound expertise in healthcare and technology services promises to be a game-changer as we embark on the next thrilling chapter of GeBBS”, said Dr. Milind Godbole, CEO and Managing Director of GeBBS. “EQT has an impressive track record of building and scaling technology and business services platforms successfully. With a strong foundation built under ChrysCapital’s ownership, we believe we are well positioned to take GeBBS to the next level under EQT’s ownership using its well proven value creation playbook.”

Akshat Babbar, Managing Director, ChrysCapital Advisors, said,”We are extremely glad to have partnered with GeBBS Healthcare. The Company’s deep capabilities and technological prowess make it the partner of choice for large health systems in the US. Since our investment, the Company has delivered industry-leading organic growth and, through four key acquisitions, added new competencies and expanded its global footprint. We wish EQT all the best as they continue the journey and take GeBBS to new heights.”

EQT Private Capital Asia was advised by Ropes & Gray, JSA Law, Deloitte Touche Tohmatsu Limited, and PricewaterhouseCooper. The selling shareholders were advised by Jefferies and Avendus.

With this transaction, BPEA Private Equity Fund VIII is expected to be 70-75 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication). The transaction is expected to close in Q4 2024.

Contact
EQT Press Office, press@eqtpartners.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-to-acquire-gebbs-healthcare-solutions–a-leading-healthcare-technology-solutions-provider,c4034554

The following files are available for download:

https://mb.cision.com/Main/87/4034554/2987930.pdf

Press Release_EQT to acquire GeBBS Healthcare Solutions 240909

https://news.cision.com/eqt/i/medical-nurse-computer,c3331707

Medical Nurse Computer

 

View original content:https://www.prnewswire.co.uk/news-releases/eqt-to-acquire-gebbs-healthcare-solutions-a-leading-healthcare-technology-solutions-provider-302241637.html

Continue Reading

Technology

QFocus Technologies Scales Global Engineering Business, Plans to Triple Workforce in 2027 to Support Growing Customer Demand

Published

on

By

BENGALURU, India and SAN FRANCISCO, Oct. 23, 2026 /PRNewswire/ — QFocus Technologies LLC (QFocus), headquartered in the USA, is strengthening its global engineering operations following continued business growth across its key markets. The company has doubled its customer base to include top OEMs and CMs across AI infrastructure, medical devices and industrial products, adding multiple new customer engagements over the past 12 months.

Since its inception, QFocus has built relationships with leading global organizations across the technology and manufacturing ecosystem, supporting engineering programs for a global electronics manufacturing and supply chain solutions provider, a leading computational software company serving the semiconductor design industry, a frontier AI company advancing AI infrastructure and computing, and a global medical technology company, amongst others.

These customer programs also offer QFocus engineers opportunities to work on real-world engineering challenges for global organizations, gain exposure to international engineering practices and contribute to technologies and products with applications across industries. By working alongside experienced Subject Matter Experts (SMEs) and supporting demanding customer requirements, engineers can deepen their technical capabilities while gaining experience across the product development and manufacturing lifecycle.

The company plans to triple the number of its engineers globally over the next 12 months, strengthening its capabilities across AI/ML & software engineering, data science & engineering, ASIC hardware & embedded software design, validation & verification, and manufacturing & quality engineering. The expansion will support QFocus’ growing portfolio of global customer programs while further positioning it as a premier SME-led engineering services provider globally.

Founder & CEO Ajit Chandorkar said, “We see tremendous opportunities to support customers navigating complex development and manufacturing environments. Our delivery model pairs industry-recognized SMEs directly with agile engineering teams, combining strategic foresight with technical execution to address our customers’ most intricate challenges. Expanding our product engineering team alongside our AI capabilities will further strengthen this approach, enabling our customers to accelerate time-to-market, elevate product quality and improve operational efficiency. As we continue to build our engineering capabilities, we remain focused on fostering a high-caliber team that delivers world-class solutions and creates lasting value for our customers.”

QFocus is also continuing to build relationships with academic institutions and engineering partners globally to strengthen its talent pipeline and create opportunities for engineering professionals to work on emerging technology areas.

About QFocus Technologies

QFocus is a US-based design and manufacturing engineering service provider, delivering consulting-led services that help clients achieve faster time-to-market and improved process and product quality. QFocus’ comprehensive service portfolio spans embedded systems & AI, manufacturing/quality engineering, factory data analytics, and operational excellence. QFocus serves clients across Medical & Life Sciences, AI Infrastructure and CE, and Industrial & Transport sectors.

QFocus fosters a vibrant environment of joy, excitement, creativity, and innovation, placing inclusion, empathy, and empowerment for every employee and partner at the heart of its growing culture. We are a team of Go-Getters in the making!

For more information about QFocus and its services, visit www.qfocustech.com or contact ops@qfocustech.com. 

 

 

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/qfocus-technologies-scales-global-engineering-business-plans-to-triple-workforce-in-2027-to-support-growing-customer-demand-302917772.html

Continue Reading

Technology

AULUMU Introduces the ADuo Particle Aramid Fiber Case for iPhone Duo

Published

on

By

1500D aramid fiber meets a universe-inspired particle array, combining technical aesthetics with everyday protection

SHENZHEN, China, Oct. 22, 2026 /PRNewswire/ — AULUMU, the design-driven accessories brand known for blending futuristic aesthetics with functional engineering, introduces the ADuo Particle Aramid Fiber Case for iPhone Duo. Part of the brand’s Particle Series, the new case combines a lightweight 1500D aramid-fiber construction with a distinctive particle-array design, dual-screen protection, and MagSafe compatibility in a slim, technical form.

Inspired by the primordial order of the universe and tactical aesthetics, the ADuo Particle transforms a finely woven surface into a dynamic visual composition. Its precisely arranged particles create a sense of depth and structure, evoking the ubiquitous particles found throughout the universe. The result is a design that balances visual complexity with a restrained, functional aesthetic.

At the core of the ADuo Particle is 1500D aramid fiber, selected for its refined woven texture and lightweight strength. The finely woven material creates a distinctive tactile surface while maintaining a slim profile for everyday carrying. A skin-friendly coating further enhances grip and makes routine cleaning easier, bringing material refinement and practical usability together.

The ADuo Particle is available in two finishes, each interpreting the particle-array concept through a different visual language. Abyss Blue features a UV-processed gradient particle array, creating a sense of depth through a gradual shift in color. Polar Black combines glossy particles with black aramid fabric, producing a subtle interplay of light and shadow that changes with the viewing angle. Together, the two colorways offer distinct expressions of the same technical design language.

Beyond its visual identity, the ADuo Particle integrates a series of protective details designed for everyday use. A full-coverage PC protective frame surrounds the front screen, helping protect its edges and corners. An aluminum-alloy camera guard adds protection around the camera area, while raised edges around the screen and camera help reduce direct contact with surrounding surfaces. These elements complement the slim construction without adding unnecessary visual bulk.

The case also supports compatible MagSafe accessories, extending its functionality beyond basic device protection. Users can pair it with magnetic accessories, including the AULUMU G09 Mag Stand, to create a more flexible setup for everyday work, viewing, and mobile use. By combining magnetic compatibility with a refined aramid-fiber exterior, the ADuo Particle fits naturally into a technical, minimalist everyday carry setup.

The ADuo Particle reflects AULUMU’s ongoing approach to product design: bringing material innovation, functional details, and a distinctive industrial aesthetic into everyday technology accessories. Rather than treating protection and appearance as separate priorities, the case integrates both into a cohesive design built around the character of the device and the needs of daily use.

AULUMU is also developing two additional ADuo Aramid Fiber Case variations: a distinctive all-white edition and a gradient edition inspired by the visual direction of the A18 Ultra Slim Gradient Aramid Fiber Case. Release dates for both versions have yet to be determined.

Available on the AULUMU website for $89.98

What is More

AULUMU is also preparing a special limited version of ADuo Particle Aramid Fiber Case which is the world first All-White Aramid Fiber case. The release date for this case has not yet been determined.

About AULUMU

Founded in 2022, AULUMU is a design brand focused on high-performance gear, drawing inspiration from the functional aesthetics of cyberpunk and the philosophical roots of ancient Greek thought. Since its inception, the brand has launched dozens of digital accessory products, secured multiple utility and invention patents, and received the 2025 Red Dot Design Award. Today, AULUMU products serve hundreds of thousands of users across more than 20 countries and regions, positioning the brand as a growing presence in the global high-performance accessories market.

For more information, visit: https://aulumu.com/, or follow AULUMU on Instagram: https://www.instagram.com/aulumu_official/

View original content to download multimedia:https://www.prnewswire.com/news-releases/aulumu-introduces-the-aduo-particle-aramid-fiber-case-for-iphone-duo-302917688.html

SOURCE AULUMU

Continue Reading

Technology

LianLian Global and PayPal Power Cross-Border Payouts for Social Commerce, Marketplace, and eCommerce Customers

Published

on

By

Social commerce, marketplaces and eCommerce players served by LianLian Global can now pay creators, influencers, developers, and independent contractors directly to their PayPal and Venmo wallets.

NEW YORK, Oct. 22, 2026 /PRNewswire/ — LianLian Global  today announced it has partnered with PayPal (NASDAQ: PYPL) to enable its social commerce, marketplace and e-commerce clients to send payouts directly to PayPal accounts globally and to Venmo accounts in the U.S.

The creator and gig economy runs on fast, low-friction payouts. Brands are expected to spend $32.6 billion on creators in 2026 and roughly 50 million people worldwide create content professionally or semi-professionally (Gigapay Global Creator Economy Report 2026). Many of these recipients already hold a PayPal or Venmo account: PayPal had over 400 million active accounts across approximately 200 markets at the end of Q2 2026, and Venmo reached 67 million monthly active accounts in Q4 2025.

Paypal Payouts is live in 96 global markets and 24 currencies. It allows merchants to send to any email address, mobile number, or Venmo user handle, with or without an existing PayPal or Venmo account.

To support enterprises expanding globally, LianLian Global provides digital payment services including pay-in, pay-out, acquiring, foreign exchange, virtual cards and payment aggregation. To date, its parent company Lianlian DigiTech has served more than 13.3 million clients. Its services reach more than 200 countries and regions, support transactions and settlement in more than 140 currencies, and connect with more than 180 global e-commerce platforms.

The partnership combines LianLian Global’s cross-border collection, FX and compliance infrastructure with PayPal’s global wallet network. Key offerings include:

Pay to PayPal: Payouts from LianLian Global clients to PayPal account holders in 96 markets, using only the recipient’s email or phone numberPay to Venmo: Domestic U.S. payouts to Venmo users, including creators, influencers and independent contractorsPayPal Payouts for Platforms: Mass disbursements for social commerce, marketplaces and affiliate platforms paying large numbers of sellers, creators and contractorsSpeed to settle: Save time and money by eliminating check runs and postage; no need for routing numbers and bank accounts.

Sandra Lam, Deputy CEO of US at LianLian Global: “Social commerce is creating a new economy, where creators, influencers and independent sellers drive discovery and sales alongside the platforms they sell on. Paying these participants fast, across borders and in small amount is what powers the network effect of social commerce. We see our work with Paypal as a key step in building the payout rails for the global gig economy.”

The collaboration expands LianLian Global’s payout coverage and supports its growth in the U.S. and global markets as cross-border platforms scale their creator and contractor programs.

View original content:https://www.prnewswire.com/news-releases/lianlian-global-and-paypal-power-cross-border-payouts-for-social-commerce-marketplace-and-ecommerce-customers-302917635.html

SOURCE LianLian Global

Continue Reading

Trending