TELEO Capital Acquires CHCS Services from Capgemini America
March 23, 2022
TELEO Capital Management, a lower middle market private equity firm, acquired CHCS Services, Inc. (a technology-enabled third-party administrator for senior health and eldercare markets) from Capgemini America, Inc. TELEO said it will invest in a digital transformation and data science capabilities to expand CHCS's offerings across long-term care and Medicare Supplement plans and support growth.
- Targets
- CHCS Services, Inc.
- Sellers
- Capgemini America, Inc.
- Industry
- Healthcare Services
- Location
- Idaho, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Centric360 Acquires Irish Managed Services Provider HCS
December 1, 2024
IT Services
Centric360, an investment vehicle owned by Pamela Farrell and Brian Larkin, has acquired HCS, a Waterford‑headquartered Irish managed services provider. The deal includes purchase of HCS's headquarters and plans for further investment in 2025 to expand the service portfolio, grow the team and target larger enterprise customers.
-
Telemos Capital Acquires Helios Global Group from NorthEdge
October 1, 2024
Healthcare Services
Telemos Capital has agreed to acquire Cheshire-headquartered healthcare communications firm Helios Global Group from NorthEdge. The transaction, expected to complete in October 2024, will support Helios’s next growth phase—expanding service lines, scaling infrastructure and harnessing new technologies to broaden its global reach.
-
Wellcove (TELEO Capital Portfolio Company) Acquires AssuriCare
October 30, 2023
Healthcare Services
Wellcove by CHCS Services, an existing portfolio company of TELEO Capital Management, has acquired AssuriCare, a Waltham, Massachusetts–based provider of electronic visit verification and nurse assessment software for the long-term care market. The add-on acquisition is intended to integrate AssuriCare’s EVV and assessment capabilities into Wellcove’s senior market administration platform to streamline claims processing and expand capabilities for payers, providers, and home care agencies.
-
TELEO Capital Acquires Majority Stake in Sharpen Technologies (SharpenCX)
December 13, 2022
Cloud & SaaS
TELEO Capital completed a majority control investment in Sharpen Technologies Inc. (SharpenCX), a cloud-native contact center (CCaaS/UCaaS) platform based in Indianapolis. TELEO said it will provide operational resources and capital to accelerate product innovation, expand SharpenCX’s market position, and enhance support and platform capabilities.
-
Propel Insurance (Flexpoint Ford portfolio) Acquires HealthCare Services (HCS) Insurance Partners
July 1, 2020
Insurance
Propel Insurance, a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a boutique risk-management and insurance consulting firm based in Knoxville, Tennessee that specializes in senior living organizations. The acquisition expands Propel's senior living practice, strengthens its southeast presence (Knoxville and Charlotte hubs) and adds industry expertise to Propel's national platform; the combined agency will generate more than $120 million of annual revenue and operate seven U.S. offices.
-
TELEO Capital Acquires UMT360
March 11, 2019
Software
TELEO Capital Management completed the acquisition of UMT360, a Bellevue, Washington-based provider of Enterprise Project Portfolio Management (PPM) software and consulting services. TELEO said it will provide operational expertise and capital to scale UMT360’s software and services offerings and accelerate growth and market share; Cascadia Capital served as financial advisor to UMT360.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.