New Mountain Capital Makes Growth Investment in The Rawlings Group

New Mountain Capital Invests in Access Healthcare

January 14, 2025

Healthcare Services

Affiliates of New Mountain Capital have made a growth investment in Access Healthcare to support the company’s next phase of expansion. The capital will be used to advance AI and workflow automation, accelerate product development, and expand Access Healthcare’s revenue cycle management platform into new markets while the existing leadership team remains in place.

New Mountain Capital Makes Growth Investment in Grant Thornton LLP

March 15, 2024

Accounting & Tax

New Mountain Capital has made a growth investment in Grant Thornton LLP to accelerate the firm's business strategy, support targeted investments in talent, technology and infrastructure, and enable strategic acquisitions. The transaction (subject to regulatory approvals) will adopt an alternative practice structure separating attest and non-attest services, and is expected to close in the second quarter of 2024.

New Mountain Capital Acquires Machinify to Bolster Payment-Integrity Platform

February 20, 2025

Healthcare Services

New Mountain Capital led an investor group to acquire Machinify and fold it into the New Mountain-backed payment-integrity platform formed from The Rawlings Group, Apixio's Payment Integrity business, and VARIS. The transaction adds Machinify's AI-powered, cloud-based claims and payment-intelligence platform to the combined company's capabilities, creating a scaled healthcare payment-integrity provider serving 60+ health plans and covering 160M+ lives.

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.

New Mountain Capital Acquires Majority Stake in Ontario Systems

August 23, 2019

Software

New Mountain Capital has agreed to purchase a majority stake in Ontario Systems from Arlington Capital Partners. The transaction gives New Mountain control of the Muncie, Indiana-based enterprise software provider to support continued organic and inorganic growth across healthcare, government, and accounts receivable management markets.

New Mountain Capital Makes Minority Investment in Homrich Berg

July 30, 2021

Financial Services

New Mountain Capital (via New Mountain Strategic Equity I, L.P.) has made a minority growth investment in Atlanta-based wealth management firm Homrich Berg to support ownership succession and accelerate the firm's growth and capability expansion. Homrich Berg’s founders and current owners retain majority ownership and will continue to operate the independent, fee-only RIA focused on high-net-worth individuals, families and institutions.