A cross-practice Ropes & Gray team advised Bain Capital-backed Summit Partners on its $550 million investment in ABILITY Network Inc., a leading provider of web-based workflow solutions for health care providers. The transaction, which was announced April 7, is subject to regulatory approvals.
The Ropes & Gray team was led by private equity partner Amanda Morrison (Boston) and included private equity partner Daniel Roberts (New York), tax partner Aaron Harsh (Boston), finance partner Byung Choi (Boston), intellectual property transactions partner Mark Bellomy (Boston) and life sciences partner Michael Beauvais (Boston).