New Mountain Capital and Eir Partners Acquire Convey Health Solutions

TPG Acquires Convey Health Solutions from New Mountain Capital

September 5, 2019

Healthcare Services

TPG Capital has acquired Convey Health Solutions, a provider of technology-enabled administrative and advisory services for health plans, from New Mountain Capital. Convey's management and select stakeholders remain invested; financial terms were not disclosed. TPG said the acquisition will support Convey's growth and help TPG build out its healthcare platform.

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 Recapitalizes CenseoHealth and Advance Health

December 7, 2017

Healthcare Services

New Mountain Capital has acquired a majority ownership interest in CenseoHealth and Advance Health through a recapitalization announced December 7, 2017. The investment combines the two technology-enabled payer service providers to create a scale platform offering in-home health assessments, chronic care management and care coordination for health plans and providers across the United States.

New Mountain Capital Acquires HealthComp from Alpine Investors

November 9, 2020

Healthcare Services

New Mountain Capital has partnered with HealthComp Holding Company LLC, acquiring the leading independent third-party administrator (TPA) from Alpine Investors. HealthComp, headquartered in Fresno, California and serving over 400,000 members, will keep its CEO and management team invested while New Mountain plans to accelerate growth by investing in data & analytics and expanding cost and clinical management capabilities.

New Mountain Capital Invests in Consor Holdings

June 3, 2024

Engineering Services

New Mountain Capital has made a significant growth investment in Consor Holdings LLC to support the firm's continued expansion; Consor leadership and employees retain a significant ownership stake. As part of the transaction, Keystone Capital fully sold its stake, and the new capital will be used to expand Consor’s geographic reach, service offerings, technology enablement, and strategic M&A.

New Mountain Capital Backs Merger of Virgin Pulse and HealthComp to Create Health Platform-as-a-Service

September 27, 2023

Healthcare Services

Virgin Pulse and HealthComp announced an intent to merge to form a technology- and data-powered Health Platform-as-a-Service focused on employer-sponsored health. New Mountain Capital will be the majority owner of the combined entity, with backing from Marlin Equity Partners, Blackstone Credit, and Morgan Health; the combined company will serve over 20 million members and more than 1,000 self-insured employers.