New Mountain Capital Makes Growth Investment in The Rawlings Group

New Mountain Capital Acquires Asset Living from Roark Capital

June 5, 2026

Real Estate

New Mountain Capital, a private equity firm, announced it will buy residential property management company Asset Living for $2 billion from Roark Capital. Asset Living, founded in 1986, manages a nationwide portfolio spanning multifamily, single-family rentals, affordable housing, build-to-rent, active adult, and student housing.

Mountaingate Capital Growth Investment in Harvest Group

March 10, 2026

Marketing & Advertising

Harvest Group, an integrated commerce agency serving high-growth consumer brands, announced it welcomed Mountaingate Capital as a financial partner through a growth investment. The funding is intended to accelerate Harvest Group’s expansion of its integrated commerce model and proprietary technology platform while keeping the company’s independent operating structure and leadership team in place.

New Mountain Capital to Acquire Machinify and Combine with Payment Integrity Platform

February 20, 2025

Healthcare Services

New Mountain Capital announced a definitive agreement to acquire Machinify, an AI-powered healthcare payments software provider, with the plan to combine it into a platform formed by merging The Rawlings Group, Apixio’s Payment Integrity business, and VARIS. The resulting company—expected to be named Machinify at close—will unify AI-native technology and healthcare payment integrity expertise to improve payment accuracy and reduce administrative costs for health plans.

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 Grant Thornton LLP

March 15, 2024

Accounting & Tax

New Mountain Capital has made a growth investment in Grant Thornton LLP to accelerate the firm's business strategy, support targeted investments in talent, technology and infrastructure, and enable strategic acquisitions. The transaction (subject to regulatory approvals) will adopt an alternative practice structure separating attest and non-attest services, and is expected to close in the second quarter of 2024.

New Mountain Capital Invests in ClaimLogiq

October 25, 2022

Healthcare Services

New Mountain Capital has made a growth investment in ClaimLogiq, a Charleston-based healthcare technology company that provides payment integrity and claims-review solutions via its TrueCost platform. The investment, made alongside ClaimLogiq's management team and existing investor Eir Partners, will fund product development, talent, infrastructure and potential strategic acquisitions to accelerate the company's growth.