WJRJJ Ventures Invests $40 Million in HealthStream
September 15, 2026
WJRJJ Ventures, LLC acquired 1,355,932 newly issued HealthStream shares for approximately $40 million and purchased another 144,068 existing shares from CEO Robert A. Frist, Jr. for approximately $4.25 million. The transaction closed on September 14, 2026, giving HealthStream proceeds for general corporate purposes and reflecting WJRJJ’s confidence in the company’s growth prospects.
- Buyers
- WJRJJ Ventures, LLC
- Targets
- HealthStream, Inc.
- Sellers
- Robert A. Frist, Jr.
- Industry
- Software
- Location
- Tennessee, United States
- Transaction Type
- Growth capital
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