Private equity firms are increasingly investing in patient engagement software as healthcare providers adopt agentic AI to manage labor shortages. Chris Dorn of Fifth Third Securities notes agentic AI represents an "inflection point," automating scheduling, prescription management, and EMR integration. PE investors now demand significant ROI and long-term contracts to justify interest. PE Hub highlights five deals since early 2026.

Marlin Equity Partners' portfolio company Radar Healthcare, based in Leeds, UK, acquired Cemplicity in August. Cemplicity, with primary locations in London and Auckland, New Zealand, provides patient experience and reported-outcomes SaaS. The deal expands Radar's footprint into Australia, New Zealand, the Middle East, and the UK.

New Mountain Capital-backed Swoop, headquartered in New York, acquired Nimble in May. Nimble operates from Redwood City, California, offering a prescription management platform for pharmacies. Swoop uses de-identified health data to connect patients with providers and predict non-adherence.

TCV-backed Kipu Health acquired Team Recovery Technologies in April. The provider offers patient engagement and alumni recovery technology for behavioral healthcare, with mobile apps serving over 150 treatment centers.