Warburg Backs Health Services Firm Everise at $1 Billion Value

Warburg Pincus has agreed to buy a stake in Everise in a deal that values the health-care services outsourcing company at $1 billion.

Everstone Group, a Singapore-headquartered private equity firm, will exit its investment in Everise as part of the deal, according to a statement on Tuesday.

Warburg Pincus joins existing investor Brookfield Asset Management Ltd. in US-based Everise and will help grow the company through business expansion and acquisitions.

The private equity firm has invested in the health-care sector for decades, backing companies including Ensemble Health Partners and Quantum Health.

Established in 2016, Everise provides customer service solutions to ...