Latham & Watkins Advises KKR in US$105 Million Investment in Qventus

Qventus, a leading provider of AI-based care automation software for health systems, has announced a US$105 million investment led by global investment firm KKR, with additional participation from world-renowned investment firm Bessemer Venture Partners, and new strategic investors, including leading health systems Northwestern Medicine, HonorHealth, and Allina Health.

Latham & Watkins LLP represents KKR in the transaction with a corporate deal team led by Boston partners Ryan McCarthy and John Miller, with associates Michael Casagrande and Cherrie Wang. Advice was also provided on intellectual property matters by Boston partner Sarah Gagan, with associates Deborah Hinck, Victoria Allen, and Daniel Barks; on data privacy matters by Bay Area partner Heather Deixler, with associate Priyanka Krishnamurthy; on compensation and benefits matters by Boston partner Josh Friedman, with associate Tessa Young; on tax matters by Bay Area partner Katharine Moir, with associate Abigail Friedman; and on antitrust matters by Washington, D.C. partner Ian Conner.