Cressey & Company Acquires HealthDrive

HealthDrive Corp Acquires Georgia Long-Term Care 26 Consulting (GLTCC)

March 24, 2026

Healthcare Services

HealthDrive Corp. acquired Georgia Long-Term Care 26 Consulting (GLTCC) to expand HealthDrive’s footprint into the Georgia market and strengthen its Southeast presence. GLTCC, which provides physician services to long-term care communities across Georgia, will join HealthDrive’s platform for scale, technology, and operational support. Tower Partners acted as the exclusive sell-side financial advisor; legal representation was provided by Krevolin & Horst (for GLTCC) and Koley Jessen (for HealthDrive).

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.

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 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.

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.

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.