Susquehanna Growth Equity Makes Majority Growth Investment in MediSpend

Susquehanna Growth Equity Invests in ZenQMS

October 4, 2022

Cloud & SaaS

Susquehanna Growth Equity (SGE) has made a significant minority growth investment in ZenQMS, a cloud-native electronic quality management (eQMS) software provider for life sciences companies. Financial terms were not disclosed; the investment is ZenQMS's first institutional capital and will support the company's plans to accelerate growth and expand its footprint in the regulated life sciences market.

MediSpend Acquires MedCompli

May 22, 2024

Software

MediSpend, a Portsmouth, New Hampshire–based commercial compliance technology company, has acquired MedCompli, a life-sciences compliance software and services provider, effective May 17, 2024. The acquisition expands MediSpend’s product portfolio and subject-matter expertise—bringing complementary SaaS and advisory capabilities into its PE-backed platform to better serve life sciences customers globally.

MediSpend Acquires Real Life Sciences

January 27, 2025

Cloud & SaaS

MediSpend, a Susquehanna Growth Equity‑backed life sciences technology company, has acquired Real Life Sciences (RLS), a provider of advanced anonymization and redaction solutions for clinical trial data. The deal expands MediSpend's Governance, Risk and Compliance (GRC) capabilities—adding RLS Protect SaaS and expert anonymization services to support pharma, biotech and CRO clients with regulatory disclosure and participant privacy.

Susquehanna Growth Equity Makes Growth Investment in Pixieset Media

September 13, 2021

Cloud & SaaS

Vancouver-based Pixieset Media Inc. has received a growth investment from Susquehanna Growth Equity (SGE). The minority growth capital will support Pixieset’s product and global expansion — including the upcoming Studio Manager — and SGE’s Martin Angert has joined Pixieset’s board alongside co-founders Simon Wong and Phoebe Jiang.

Morgan Stanley Capital Partners Acquires Controlling Interest in SpendMend

March 2, 2022

Healthcare Services

Investment funds managed by Morgan Stanley Capital Partners (MSCP) acquired a controlling interest in SpendMend from Sheridan Capital Partners, with Sheridan retaining a minority stake and the existing management team remaining in place. Headquartered in Grand Rapids, Michigan, SpendMend provides tech-enabled cost-cycle and profit-recovery solutions to hospitals and health systems; MSCP said it will support further organic growth and strategic add-on M&A to expand the business.

SpendMend Acquires Mazree

June 3, 2025

Healthcare Services

SpendMend, a healthcare cost-savings provider based in Grand Rapids, Michigan, has acquired Mazree, a cloud-hosted software platform that helps health systems redeploy and sell used medical equipment. The acquisition expands SpendMend’s cost-cycle capabilities by adding Mazree’s auction, trade-in and redeployment technology to deliver greater revenue recovery and operational efficiency for hospitals and health systems.