Tegria, the Altaris-backed healthcare consulting and services firm, has acquired CloudWave, a cybersecurity and cloud hosting provider exclusive to healthcare. The financial terms of the deal remain undisclosed. This marks Tegria's first acquisition since joining the Altaris portfolio earlier this year.
Tegria employs over 1,000 professionals serving more than 650 clients across North America and Europe. CloudWave specializes in secure hosting, IT operations, and 24/7 threat detection and response for community hospitals, health systems, and specialty providers. The acquisition strengthens Tegria's hosting and infrastructure capabilities by integrating CloudWave's security operations center expertise into its managed services portfolio.
Erik Littlejohn, CEO of CloudWave, will join Tegria as president of Enterprise Technical Solutions, continuing to grow Tegria's offerings in hosting, cybersecurity, data and analytics, and Tier 1 application support. CloudWave will operate as a division within Tegria's expanded cybersecurity framework.
Source: PE Hub · Summarized by HeadlinesBriefing