Hughes & Company Invests in Encoda

Hughes & Company Makes Strategic Investment in Health Data Innovations

October 2, 2023

Data & Analytics

Health Data Innovations (HDI), a Beachwood, Ohio-based healthcare data integration platform, received a strategic growth investment from Hughes & Company, a Chicago-based private equity firm focused on healthcare software and tech-enabled services. The funding will support HDI's expansion of its claims data management and data integration offerings to value-based care providers, payers, and population health partners; Bowen served as exclusive financial advisor.

Hughes & Company Invests in Voluware

April 17, 2023

Healthcare Services

Hughes & Company, a private equity firm focused on healthcare software, made a growth investment in Voluware, a Huntington Beach–based provider of a cloud platform that automates prior authorizations. The capital will accelerate Voluware’s product innovation, expand payer coverage and geographic footprint, and support client onboarding and partnerships.

Cove Hill Partners Makes Strategic Investment in Encompass Technologies

February 23, 2022

Cloud & SaaS

Encompass Technologies, a provider of cloud-based ERP, eCommerce, and analytics software for the beverage and food supply chain, has received a strategic growth investment from Cove Hill Partners to support product innovation and accelerate growth. Existing investor Radian Capital will remain a partner as Encompass expands its Connect product family and broader cloud offerings.

Advent International Acquires Majority Stake in Encora

December 21, 2021

IT Services

Advent International has acquired a majority stake in Encora, a global digital engineering and software product development services provider. Warburg Pincus, the prior majority shareholder, retains a minority stake; Advent will partner with Encora's management to accelerate global growth, expand capabilities, and pursue targeted M&A.

Sterling Partners Invests in Datacubed Health

September 14, 2020

Cloud & SaaS

Sterling Partners has made a growth investment in Datacubed Health, a King of Prussia–based eCOA/ePRO SaaS provider that uses behavioral science to improve patient engagement and compliance in clinical trials. Sterling's capital will be used to hire talent, increase operational efficiencies, and expand Datacubed into adjacent markets to accelerate product and commercial growth.

Clearwell Group (via Encoda) Acquires Microwize's Revenue Cycle Management Business

January 2, 2019

Healthcare Services

Clearwell Group, through its portfolio company Encoda, acquired the revenue cycle management (RCM) business of Microwize Technology, Inc. The deal expands Encoda's RCM customer base and adds Microwize's billing, scheduling, EHR software and client service professionals to Encoda's operations as an add-on to the platform.