Novistra Capital
transaction-bg-2560x945

March 2026

United States & India

Novistra Capital advises RND OptimizAR on its acquisition by GeBBS Healthcare Solutions

Client

RND OptimizAR

Deal Type

Sell Side M&A

Deal Team

Ripun-1-120x120

Ripun Jai Mehta

Managing Partner

Pankaj-1-120x120

Pankaj Arora

Managing Director

Anuj-2-1-120x120

Anuj Jaisinghani

Associate Director

Tushar-120x120

Tushar Chidamber

Senior Associate

Client Description

RND OptimizAR, is a provider of RCM services focused on the DME and HME segments. Founded by Deepika Karthikeyan Srihari, RND OptimizAR combines deep domain expertise with a scalable delivery model to support complex, end-to-end revenue cycle operations. With a workforce of over 2,200 specialized professionals, the company supports healthcare providers, including several of the largest DME organizations in the United States, helping improve performance, ensure compliance, and enhance operational efficiency. Headquartered in Coimbatore, Tamil Nadu, RND OptimizAR has built a reputation for quality, process excellence, and long-standing client relationships across global markets.

Approach

Novistra Capital led a structured and competitive sell-side process, positioning the business around its differentiated capabilities in complex RCM segments and its technology-enabled delivery model. The process engaged a targeted set of global strategic and institutional buyers, highlighting the company’s scalability, domain specialization, and strong client relationships.

Outcome

The transaction with GeBBS Healthcare Solutions, a portfolio company of EQT and ChrysCapital, represents a strategic combination of complementary strengths, expanding GeBBS’ capabilities in the DME/HME segment and advancing a more integrated, AI-led and technology-enabled RCM platform. The acquisition enhances global delivery through a flex-source model, strengthens specialized service capabilities across complex product lines, and positions the business to drive improved reimbursement outcomes, operational efficiency, and scalable growth.

transaction-bg-2560x945

“ Novistra Capital demonstrated a strong understanding of our business and the revenue cycle management landscape. The team's structured approach, global reach, and hands-on guidance throughout the process were instrumental in securing the right strategic partner and achieving a successful outcome for our shareholders.”

person-placeholder-120x88

Deepika Karthikeyan Srihari

Founder, RND OptimizAR

Press Releases

techservices-2560x392

March, 2026

Novistra Capital advises RND OptimizAR on its acquisition by GeBBS Healthcare Solutions, a portfolio company of EQT and ChrysCapital

Read more
gebbs_920x460_PR-2560x1652

March, 2026

GeBBS Healthcare Solutions announces acquisition of RND OptimizAR

Read more

Related Transactions

Acquired by

Sell-side advisor to PrivateBlok

Novistra Capital advises PrivateBlok on the strategic acquisition of its team by KPMG

Served as exclusive financial advisor to PrivateBlok, resulting in the integration of its full founding...

Outcome: Expands KPMG’s native Agentic AI capabilities

Acquired

Buy-side advisor to CX1 Capital

Novistra Capital advises CX1 Capital on its acquisition of SatCom Marketing

Novistra Capital advises CX1 Capital on its acquisition of SatCom Marketing

Outcome: Exclusive buy-side advisor to CX1 Capital, a tech-driven investment firm that focuses on lower middle market buy & build strategies using AI.

Acquired by

A portfolio company of

Sell-side advisor to CTI Data

Novistra Capital advises CTI Data on its sale to OneSix

Exclusive sell-side advisor to CTI Data, a leading data consultancy, on its sale to OneSix,...

Outcome: Acquisition creates a differentiated Snowflake data and scaled AI platform.

Acquired by

A portfolio company of

Sell-side advisor to Yexle

Novistra Capital advises Yexle on its sale to IGT Solutions, an EQT portfolio company

Exclusive sell-side advisor to Yexle, a leading Appian solutions and services partner.

Outcome: Added cutting-edge Appian delivery capabilities to IGT’s digital transformation practice.

Acquired by

A portfolio company of

Sell-side advisor to NetServ

Novistra Capital advised NetServ on its acquisition by Accion Labs, a portfolio company of TA Associates

Served as exclusive sell-side advisor to NetServ on its acquisition by Accion Labs, a global...

Outcome: Strengthened engineering capabilities and delivery presence across key markets

Acquired by

A portfolio company of

Sell-side advisor to Cloud Development Resources

Novistra Capital advised Cloud Development Resources on its majority sale to emids

CDR engaged Novistra Capital to lead a targeted process culminating in its sale to emids,...

Outcome: Established the healthcare industry’s first dedicated low-code practice

Majority investment in

Buy-side advisor to Excelra

Novistra Capital advised Excelra on its majority investment in Anilitiks

Served as exclusive buy-side advisor to Excelra on its acquisition of Anilitiks, strengthening Excelra’s HEOR...

Outcome: Expanded Excelra’s data-driven Life Sciences solutions portfolio

Merged with

Buy-side advisor to ACN Healthcare

Novistra Capital advised ACN Healthcare on its merger with Rapid Care’s RCM business

Advised ACN Healthcare on its merger with the RCM business of Rapid Care Group, creating...

Outcome: Merger created a scaled, integrated healthcare RCM platform

License agreement with

Financial advisor to IDD Bio Tech

Novistra Capital advised IDD Biotech on its license agreement with Enzene Biosciences, a subsidiary of Alkem Labs

IDD Biotech appointed Novistra Capital to structure and negotiate a licensing deal for its CD19...

Outcome: Exclusive licensing agreement with Enzene Biosciences completed

Acquired by

Sell-side advisor to Pacific BPO

Novistra Capital advised Pacific BPO on its sale to Access Healthcare

Exclusive advisor to Pacific BPO on its sale to Access Healthcare, creating one of the...

Outcome: Completed sale of Pacific BPO to Access Healthcare

Rectangle-426-1-scaled-2560x718

Clarity starts with
a conversation