PurpleLab's red-hot sales process

PurpleLab, a fast-growing health care data and analytics platform, is exploring a sale, five sources tell Sarah.

What’s happening: A TripleTree-run sale process is underway for the Wayne, Pennsylvania-based business, sources say.

• PurpleLab has fielded significant inbound interest, one source says, while another adds that initial bids are due around the end of next week.