Berkshire Partners, Warburg to Buy Golden Gate’s Ensemble Health

Private equity firms Berkshire Partners and Warburg Pincus have agreed to acquire a significant stake in Ensemble Health Partners Inc., which helps manage payments and develops software for the health-care industry.

The transaction values Golden Gate-backed Ensemble at more than $5 billion including debt, according to people familiar with the process, who asked not to be identified because the details are private. Financial terms of the agreement weren’t disclosed in a statement provided to Bloomberg News.

As part of the deal, Golden Gate, which invested in Ensemble in 2019, will maintain a minority stake in the company. Bon Secours ...