Knack RCM and EqualizeRCM Acquired by Carlyle | Healthcare M&A Deal

Carlyle has acquired Knack RCM and EqualizeRCM, healthcare IT businesses in New York. Knack RCM and EqualizeRCM provide revenue cycle management technology and services that support provider billing, claims, and payment performance across the healthcare sector. The healthcare IT acquisition expands Carlyle acquisitions in healthcare M&A and strengthens NY acquisitions through a platform acquisition strategy. The deal is announced and structured as a private equity acquisition with a platform buildout, with founders Rajiv Sharma and Nagi Rao reinvesting a portion of proceeds and remaining invested in the combined platform. Deal size was not disclosed, and Carlyle acquisitions are expected to scale RCM capabilities for U.S. healthcare providers.