Cressey & Company Acquires HealthDrive

Bain Capital Double Impact Acquires HealthDrive from Riverside Partners

January 3, 2019

Healthcare Services

Bain Capital Double Impact has acquired HealthDrive, a national provider of on-site dentistry, optometry, podiatry, and audiology services to long-term care, skilled nursing, and assisted living residents, from Riverside Partners. The acquisition will support HealthDrive's expansion of services and geographic reach as it continues to serve residents in over 2,000 facilities nationwide; financial terms were not disclosed.

Cressey & Company Leads Growth Investment in Heartbeat Health

July 9, 2024

Healthcare Services

Cressey & Company has closed a significant growth investment in Heartbeat Health, with existing investors including .406 Ventures, Echo Ventures, Kindred Ventures and Optum Ventures participating. The capital will help Heartbeat expand its virtual-first cardiovascular care services, enhance clinical capabilities, and increase access to patients across the United States.

Cressey & Company Recapitalizes HHAeXchange

January 9, 2019

Cloud & SaaS

Cressey & Company LP completed a recapitalization / growth-oriented investment in HHAeXchange, a Long Island City–based provider of SaaS homecare management software serving the Medicaid LTSS market. Prior shareholders McCarthy Capital and Martis Capital were the company's previous sponsors; the transaction was advised by Lincoln International and financed in part with debt provided to Cressey.

Cressey & Company Makes Growth Investment in Home Care Pulse

August 4, 2021

Healthcare Services

Cressey & Company made a significant growth investment in Home Care Pulse to accelerate product development, expand into new healthcare end markets, and support strategic acquisitions. Home Care Pulse, headquartered in Rexburg, Idaho, provides satisfaction management, training, performance benchmarking, and eLearning solutions for the home care and post-acute markets and supports roughly 3,500 provider customers.

Hg Makes Strategic Investment in HHAeXchange alongside Cressey & Company

September 14, 2021

Cloud & SaaS

Hg has made a strategic growth investment in HHAeXchange, a leading SaaS provider of homecare management solutions, alongside existing investor Cressey & Company LP, which will remain a significant shareholder and share joint governance. The capital will support HHAeXchange's continued product development and expansion of its enterprise and mobile platform serving payers, providers and state Medicaid agencies.

Cressey & Company and Health Enterprise Partners Acquire The InterMed Group

January 5, 2023

Healthcare Services

Funds affiliated with private equity firms Cressey & Company and Health Enterprise Partners acquired The InterMed Group from Granite Bridge Partners. InterMed, headquartered in Alachua, Florida, is a provider of healthcare technology management and biomedical/imaging equipment services to hospitals, health systems, ASCs and imaging centers across the U.S.; the new owners plan to expand and deepen InterMed’s service offerings and capacity.