New Mountain Capital Acquires Asset Living from Roark Capital

New Mountain Capital Invests in Access Healthcare

January 14, 2025

Healthcare Services

Affiliates of New Mountain Capital have made a growth investment in Access Healthcare to support the company’s next phase of expansion. The capital will be used to advance AI and workflow automation, accelerate product development, and expand Access Healthcare’s revenue cycle management platform into new markets while the existing leadership team remains in place.

New Mountain Capital Makes Growth Investment in The Rawlings Group

April 2, 2024

Healthcare Services

Affiliates of New Mountain Capital have made a strategic growth investment in The Rawlings Group, a La Grange, Kentucky–based coverage analytics and payment integrity provider for health insurers. The capital will support investments in AI, product development, talent, and expansion into new markets and capabilities while New Mountain partners with Rawlings' management team.

Asset Living Acquires City Gate Property Group

November 18, 2021

Real Estate

Houston-based Asset Living has acquired City Gate Property Group, a Dallas-based multi-family property management firm that manages roughly 10,000 units across Texas and Louisiana and employs about 400 people. The deal expands Asset Living’s portfolio, making it the largest multi-family property manager in Texas (approximately 75,946 units and 468 properties in-state) and one of the largest managers nationally with nearly 120,000 units under management.

Asset Living Acquires Alpha Barnes Real Estate Services

January 26, 2021

Real Estate

Houston-based Asset Living has acquired Dallas-based Alpha Barnes Real Estate Services, a leading manager of affordable and multifamily housing in Texas. The deal adds roughly 30,000 units and more than 900 employees to Asset Living's portfolio, expanding its footprint and affordable-housing management capabilities across Texas.

Asset Living Acquires Arizona-Based Shelton Residential

January 12, 2021

Real Estate

Houston-based property manager Asset Living has acquired Shelton Residential, an Arizona-based property management firm that oversees more than 17,000 multifamily units across Arizona, Texas, Colorado and New Mexico. The deal expands Asset Living's presence in the Southwestern U.S.; owners Tom and Pam Shelton and the Shelton team will join Asset Living to lead the company's Southwest region.

New Mountain Capital Acquires Majority Stake in Ontario Systems

August 23, 2019

Software

New Mountain Capital has agreed to purchase a majority stake in Ontario Systems from Arlington Capital Partners. The transaction gives New Mountain control of the Muncie, Indiana-based enterprise software provider to support continued organic and inorganic growth across healthcare, government, and accounts receivable management markets.