Frazier Healthcare Partners Acquires RevSpring from GTCR

RevSpring Acquires TrustCommerce to Expand Integrated Healthcare Payments

February 20, 2026

Healthcare Services

RevSpring, a Frazier Healthcare Partners portfolio company, has acquired TrustCommerce, a payments and gateway provider previously owned by Waud Capital Partners and part of the Sphere family. The deal expands RevSpring's integrated payments footprint and EHR gateway connectivity to provide greater payment visibility, routing flexibility, and simplified reconciliation across provider and payer revenue cycles.

RevSpring Acquires Loyale Healthcare

March 3, 2020

Healthcare Services

RevSpring, a portfolio company of GTCR, has acquired Loyale Healthcare to expand its patient payment and financial engagement capabilities. The transaction augments RevSpring's digital communications and payments offerings with Loyale's patient financial engagement platform (the combined companies facilitate approximately $5.5 billion in payments); Health Insight Capital was an investor in Loyale prior to the acquisition.

Creach Family Holdings Acquires HealthRev Partners

December 4, 2024

Healthcare Services

Creach Family Holdings, a privately held family investment firm, has acquired HealthRev Partners, a technology-enabled revenue cycle management (RCM) provider serving the home health and hospice market. The acquisition will integrate HealthRev's RCM capabilities with Creach's portfolio EMR platform Careficient to offer a combined suite of clinical and billing solutions for home health and hospice providers.

Avista Capital Partners Acquires WellSpring Consumer Healthcare

August 23, 2022

Consumer Products

Avista Capital Partners completed the acquisition of WellSpring Consumer Healthcare from Audax Private Equity. WellSpring, founded in 1999 and headquartered in Sarasota, Florida, is a developer and marketer of over-the-counter and personal care brands (including Bactine, Bonine, Emetrol and Glaxal Base); Avista plans to support growth through product innovation, distribution expansion and strategic acquisitions.

Frazier Healthcare Partners Acquires Comprehensive Pharmacy Services (CPS)

April 24, 2019

Healthcare Services

Frazier Healthcare Partners has acquired Comprehensive Pharmacy Services (CPS), a provider of pharmacy support services to hospitals and health systems, from NexPhase Capital / Moelis Capital Partners. The transaction was supported by a $270 million senior secured unitranche facility provided by the Antares–Bain Capital Credit joint offering to finance the deal.

Frazier Healthcare Partners Recapitalizes Accuity Delivery Systems

October 26, 2020

Healthcare Services

Frazier Healthcare Partners led a recapitalization of Accuity Delivery Systems on October 26, 2020, with participation from 22C Capital and existing shareholders including WindRose Health Investors, founder Dr. Eric Moskow, and Accuity senior leadership; Adams Street Partners provided debt financing and a meaningful equity co-investment. The investment will support Accuity’s growth, expanded leadership team, and continued investment in its proprietary technology platform and physician-led Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.