SoftServe Acquires Hoverstate

StateServ Acquires Delta Care Rx

January 22, 2024

Healthcare Services

StateServ has acquired Delta Care Rx to create an integrated care‑at‑home data, technology, and services platform combining DME benefit management with hospice-focused pharmacy services. The deal brings Delta Care’s pharmacy benefit management, mail‑order, compounding and clinical pharmacist consulting capabilities into StateServ to improve quality of care and operational efficiencies for hospice and post‑acute providers; terms were not disclosed.

Investis Digital Acquires Microserve

June 10, 2020

Marketing & Advertising

Investis Digital has acquired Microserve, a Bristol-based Drupal development firm of 24 employees, to strengthen its web development, UX and site support capabilities. The bolt-on deal (financial terms undisclosed) expands Investis Digital’s U.K. footprint and is its third acquisition since ECI Partners invested, with Microserve’s management joining the Investis organization to support integration.

HHAeXchange Acquires Sandata Technologies

October 3, 2024

Healthcare Services

HHAeXchange has acquired Sandata Technologies to combine two leading homecare management platforms and expand capabilities across Medicaid home and community-based services (HCBS), providers, payers and caregivers. The deal, which builds on HHAeXchange’s recent acquisitions and its backing by Cressey & Company, was announced October 3, 2024; financial terms were not disclosed. Editor notes indicate Sandata was an Accel-KKR portfolio company since 2019.

Etac (Nordstjernan) Acquires 70% Stake in HoverTech International

June 28, 2019

Medical Devices

Etac, a wholly-owned subsidiary of Swedish investor Nordstjernan, has acquired 70% of HoverTech International, a US leader in air-assisted patient handling systems based in Allentown, Pennsylvania. The majority investment strengthens Etac's position in patient handling/medtech, creates a platform for accelerated growth and cross‑selling in the US and other export markets, and brings HoverTech access to Etac's global sales and R&D resources.

WindRose Health Investors Recapitalizes StateServ Medical

November 22, 2021

Healthcare Services

WindRose Health Investors completed a recapitalization of StateServ Medical, partnering with the company’s management to provide growth capital and support national expansion. Blue Wolf Capital Partners sold its stake in StateServ following its investment and transformation of the business since 2017; terms were not disclosed.

H.I.G. Capital Affiliate Acquires Quisitive Technology Solutions

March 11, 2025

IT Services

An affiliate of H.I.G. Capital has completed the acquisition of Quisitive Technology Solutions Inc., a Dallas-based Microsoft Cloud and AI solutions provider. Quisitive, which has nearly 500 employees and focuses on digital transformation, managed services and AI solutions across the Microsoft ecosystem, will continue to be led by CEO Mike Reinhart as H.I.G. supports the company’s growth and capability expansion.