Press Ganey Forsta’s Global Reach
Press Ganey Forsta — which serves 43,000 clients across 30 countries, including over 41,000 healthcare providers — helps organizations optimize patient satisfaction, employee engagement, and compliance outcomes through robust data intelligence.
Its Chair and CEO, Patrick T. Ryan, hailed the merger as a leap forward for healthcare analytics and human-centered design.
“This combination accelerates critical advancements that will elevate the human experience, driving greater safety, trust, and value for millions of patients, consumers, and employees worldwide,” Ryan said.
Financial and Legal Powerhouses Behind the Deal
The acquisition comes just over a year after Qualtrics — once a unit of SAP SE — was taken private in a $12.5 billion deal led by Silver Lake Capital and the Canada Pension Plan Investment Board.
The new merger has drawn heavyweight financial backing from JPMorgan Chase, Goldman Sachs, Citi, and Morgan Stanley, which are advising Qualtrics and providing debt commitments. Barclays and Moelis & Co. are serving as advisers to Press Ganey Forsta.
Goodwin Procter is advising Qualtrics on the M&A aspects, while Simpson Thacher is leading on debt commitments, with partners Catherine Burns and Dorothy Hector heading the team.
For Press Ganey Forsta, Latham & Watkins LLP’s team — led by John Giouroukakis, David Owen, and Jordan Miller, alongside Joseph Kronsnoble and Bradd Williamson — is steering legal counsel.
