CBaySystems, which offers business process outsourcing services to the US healthcare industry, has acquired US-based medical billing specialist AMSplus. The deal is worth $12.5 million (£6.3 million) and is funded from the proceeds of CBaySystems’ recent flotation on AIM.
US investment bank Jefferies has also moved to increase its UK profile, through the acquisition of London-based Helix Associates. Helix acts as a placing agent for private equity firms and carries out a range of activities for its clients, with research and due diligence services among those offered.