Cressey & Company Leads Growth Investment in Trella Health

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.

Trella Health Acquires PlayMaker Health

January 4, 2022

Healthcare Services

Trella Health has acquired PlayMaker Health to combine Trella's market intelligence and analytics with PlayMaker's mobile-first CRM and EMR referral management capabilities, creating an integrated platform for post-acute providers. The acquisition expands Trella's product capabilities and opens access to adjacent end markets such as home medical equipment (HME) and infusion; Brentwood Capital Advisors served as Trella's financial advisor and Stifel advised PlayMaker.

Cressey & Company and Sunstone Partners Make Growth Investment in ProgenyHealth

May 20, 2025

Healthcare Services

ProgenyHealth, a Plymouth Meeting, Pennsylvania–based leader in maternity and NICU care management, received a significant growth investment from Cressey & Company alongside existing investor Sunstone Partners. The capital and Cressey's healthcare expertise will support ProgenyHealth’s continued expansion of its tech-enabled maternity and NICU care management services and platform.

Cressey & Company Acquires HealthDrive

August 23, 2023

Healthcare Services

Funds affiliated with Cressey & Company LP have acquired HealthDrive from Bain Capital Double Impact. HealthDrive is a multi-specialty clinical services provider delivering on-site care to long-term care residents (500+ clinicians, serving 150,000 residents across 3,800+ facilities in 20 states); Cressey will support geographic expansion and continued development of HealthDrive's clinical services.

LLR Partners Invests in Azalea Health

March 2, 2021

Healthcare Services

LLR Partners completed a growth investment in Azalea Health to provide capital for product innovation, organic expansion and potential acquisitions. The funding supports Azalea’s cloud-based EHR, telehealth and revenue cycle management SaaS platform for community and ambulatory healthcare providers.

Cressey & Company Partners with Paradigm Health in Recapitalization Backed by Havencrest

May 12, 2025

Healthcare Services

Cressey & Company LP has entered into a partnership and recapitalization with Paradigm Health, a leading hospice and palliative care provider based in Indianapolis. Existing investor Havencrest Capital Management completed a majority exit while reinvesting alongside Paradigm Management and Cressey to support the company's next phase of geographic and service expansion across Indiana.