India, May 4 -- WOODBRIDGE, N.J., AUSTIN, Texas, and MUMBAI, India - May 4, 2026 - Global investment firm Carlyle (NASDAQ: CG) today announced it has acquired a majority stake in Knack RCM ("Knack") and EqualizeRCM ("Equalize"), two leading U.S. healthcare revenue cycle management ("RCM") providers, to create an AI-native, global, multi-specialty RCM platform. Equity for the investment will come from investment funds affiliated with Carlyle Asia Partners VI (CAP VI) and Carlyle Asia Partners Growth II (CAPG II). The terms of the transaction are not disclosed. Rajiv Sharma, Founder of Knack RCM, and Nagi Rao, Founder of EqualizeRCM, will remain invested in the platform through a reinvestment of a portion of their proceeds.

Knack and Equal...