Concord Health Partners Leads Growth Financing in Accelus

Francisco Partners Makes Strategic Growth Investment in Accela

September 6, 2023

Government & Public Sector

Accela, a provider of cloud-based government software, received a strategic growth investment from Francisco Partners while Berkshire Partners remains a significant, equal equity investor. The undisclosed capital will be used to accelerate Accela's product and market growth as the company expands its civic cloud platform for state and local governments.

Accelmed Partners II and Lauxera Capital Invest in Veranex

November 14, 2022

Healthcare Services

Veranex has received strategic growth investments from Accelmed Partners II and Lauxera Capital Partners, joining existing investor Summit Partners, which retains majority ownership. The investments — terms undisclosed — will support Veranex’s continued global expansion and development of its integrated, tech‑enabled medical technology product development services; Uri Geiger (Accelmed) and Samuel Levy (Lauxera) joined Veranex’s board.

Health Velocity Capital Makes Minority Investment in Compass Surgical Partners

March 21, 2022

Healthcare Services

Health Velocity Capital has made a minority growth investment in Compass Surgical Partners, a U.S.-based developer and manager of ambulatory surgery centers (ASCs). The financing will support Compass’s expansion into new markets and investments in data & analytics, physician practice support services, value-based care initiatives and other capabilities to scale outpatient orthopaedic and spine services.

Revelstoke Capital Partners Invests Growth Capital in HealthAxis Group

January 18, 2022

Healthcare Services

Revelstoke Capital Partners made a growth equity investment in HealthAxis Group to support product innovation, team expansion, and complementary acquisitions. HealthAxis provides next-generation Core Administrative Processing Solutions (HxOne) and analytics to healthcare payors, enabling claims processing, benefits administration, and payment integrity capabilities.

H.I.G. Capital Invests in Concord; Concord Acquires Upton Hill

April 6, 2021

IT Services

An affiliate of H.I.G. Capital completed a growth investment in Concord USA, LLC, a Minneapolis-based technology consulting and digital transformation firm. Concurrently, Concord acquired Upton Hill Inc., a Minnesota-based healthcare-focused consulting firm, to deepen its payor expertise and broaden service capabilities for enterprise clients.

Excellere Partners Invests in Concord Technologies

January 30, 2019

Cloud & SaaS

Denver-based private equity firm Excellere Partners has made a strategic growth investment in Concord Technologies, a Seattle-based provider of secure, cloud-based healthcare interoperability, document automation and AI-powered workflow solutions. The capital will support Concord’s scaling efforts and product/capability expansion as the company continues to serve over 1,500 customers with its NEXTSTEP platform and other interoperability offerings.