Eir Partners Completes Growth Recapitalization of ClaimLogiq

New Mountain Capital Invests in ClaimLogiq

October 25, 2022

Healthcare Services

New Mountain Capital has made a growth investment in ClaimLogiq, a Charleston-based healthcare technology company that provides payment integrity and claims-review solutions via its TrueCost platform. The investment, made alongside ClaimLogiq's management team and existing investor Eir Partners, will fund product development, talent, infrastructure and potential strategic acquisitions to accelerate the company's growth.

ClaimLogiq Acquires SyTrue

July 27, 2022

AI & Machine Learning

ClaimLogiq, a payment-integrity technology provider headquartered in Mount Pleasant, South Carolina, acquired SyTrue, a pioneer in healthcare natural language processing (NLP). The acquisition integrates SyTrue’s NLP OS into ClaimLogiq’s payment integrity platform to expand capabilities for processing unstructured medical data across payment integrity, risk adjustment and medical record review use cases.

New Mountain-Backed Apixio Merges with ClaimLogiq; Eir Partners Remains Minority Investor

June 13, 2023

Healthcare Services

Apixio and ClaimLogiq have completed a merger to form a combined, AI-driven healthcare data and analytics company branded as Apixio. The transaction is supported by New Mountain Capital (which acquired Apixio from Centene) with Eir Partners remaining a significant minority investor; the combined company will have more than 280 employees.

Eir Partners Majority Recapitalizes PharmaForceIQ

September 10, 2024

Cloud & SaaS

Eir Partners completed a majority recapitalization of PharmaForceIQ (PFIQ), an AI-driven omnichannel orchestration and measurement platform for pharmaceutical and life science companies. The investment will fund product development, key hires and continued accumulation of data assets to scale PFIQ's HCP and DTC omnichannel offerings.

Logiq, Inc. Signs LOI to Acquire Privately Held Wealth Management FinTech (PrivCo)

November 18, 2022

Wealth Management

Logiq, Inc. (OTCQX: LGIQ) has signed a non-binding letter of intent to acquire a privately held operating company ("PrivCo") that operates in the financial technology sector specializing in wealth management. The transaction contemplates a share exchange of newly issued Logiq shares for 100% of PrivCo's shareholder interests (preliminarily valued at $220–$250 million), with PrivCo to become a wholly owned subsidiary and expected to close by March 31, 2023, subject to a definitive merger agreement and Logiq's pending de-SPAC with Abri SPAC I.

AEA Investors Acquires SitelogIQ

April 8, 2020

Energy

AEA Investors' Middle Market Private Equity team has closed the acquisition of SitelogIQ, a Minneapolis-based energy services and facility solutions provider. The investment positions AEA to partner with SitelogIQ's senior management to grow the business across municipal, education, healthcare and commercial end markets by expanding energy-efficiency and facilities capabilities.