Sunwave Health and Lightning Step Merge; BVP Forge Provides Strategic Growth Investment

Level Equity and Blueprint Equity Invest in Sunwave

June 24, 2021

Cloud & SaaS

Sunwave, a Delray Beach-based SaaS platform for substance use disorder (SUD) and behavioral health providers, received a growth equity investment led by Level Equity alongside existing investor Blueprint Equity. The capital will be used to accelerate product development, expand engineering and customer-service teams, and scale sales and marketing to capture more share in the behavioral health market.

Gallant Capital Partners Makes Growth Investment in Lightning Step Technologies

November 17, 2022

Cloud & SaaS

Gallant Capital Partners completed a strategic growth investment in Lightning Step Technologies, a Charlotte-based provider of all-in-one enterprise software for the behavioral health industry. The capital will be used to expand Lightning Step's team, accelerate its product roadmap, and support strategic acquisitions while existing management (including CEO Kirk Monroe and Chairman Jamison Monroe) remain material owners.

VisionPoint Advisory Group and Navitas Wealth Advisors Merge to Form Balefire

January 1, 2025

Financial Services

VisionPoint Advisory Group and Navitas Wealth Advisors have merged to form Balefire, an SEC-registered wealth management firm overseeing approximately $3.7 billion in combined AUM. The new Dallas-based entity unites over 60 professionals to offer integrated wealth management, strategic tax planning, and corporate solutions, positioning the platform for accelerated organic and M&A-driven growth.

Blue Venture Fund Makes Strategic Growth Investment in Bluestone Physician Services

August 2, 2021

Healthcare Services

Bluestone Physician Services, a portfolio company of WindRose Health Investors, received a strategic growth investment from the Blue Venture Fund to support scaling its integrated, home- and residential-based primary care and care coordination model. The investment is intended to leverage BVF's deep payor relationships and value-based care expertise to expand Bluestone's reach and capabilities serving high-risk, chronically ill geriatric and disabled patients.

Medusind Acquires AVA Billing & Consulting from Lightning Step

June 1, 2023

Healthcare Services

Medusind, an Alpine Investors portfolio company, has acquired AVA Billing & Consulting from Lightning Step (backed by Gallant Capital Partners) in a divestiture. The sale allows Lightning Step to refocus on its core behavioral health software platform while AVA will expand under Medusind's larger RCM platform and resources; terms were not disclosed.

Hughes & Company Backs Merger of Curvo and BroadJump

September 29, 2025

Healthcare Services

Healthcare supply chain technology companies Curvo and BroadJump have merged to create a unified platform serving non-labor spend across hospitals and health systems, and the combined organization has received a new investment from healthcare-focused private equity firm Hughes & Company. Andy Perry will continue as CEO and Dan DeTorrice will serve as President of the combined company, which aims to scale capabilities across sourcing, analytics, and collaboration for providers and MedTech partners.