Heritage Group Leads $30M Growth Financing in Connections Health Solutions

Heritage Group Leads Growth Equity Investment in Upward Health

March 2, 2021

Healthcare Services

Upward Health, a Providence-based in-home medical group focused on high-risk, high-need populations, raised a growth equity financing led by Heritage Group with participation from existing investors Noro-Moseley Partners, the Blue Venture Fund and Windham Ventures. The capital will support Upward Health’s continued growth and national expansion of its risk-bearing, in-home care model integrating physical, behavioral and social services.

Morgan Stanley Capital Partners Invests in US HealthConnect

October 29, 2020

Healthcare Services

Investment funds managed by Morgan Stanley Capital Partners completed an investment in US HealthConnect, partnering with founder-led management while Frank Russomano remains President and CEO. US HealthConnect is a digital medical education and engagement-data platform serving pharmaceutical, biotech, diagnostic, and device companies; the investment is intended to support platform and capability expansion.

Cressey & Company Leads Growth Investment in Heartbeat Health

July 9, 2024

Healthcare Services

Cressey & Company has closed a significant growth investment in Heartbeat Health, with existing investors including .406 Ventures, Echo Ventures, Kindred Ventures and Optum Ventures participating. The capital will help Heartbeat expand its virtual-first cardiovascular care services, enhance clinical capabilities, and increase access to patients across the United States.

Wellspring Capital Management Recapitalizes HealthPRO Heritage

March 9, 2021

Healthcare Services

Wellspring Capital Management has closed a recapitalization of HealthPRO Heritage, a Hunt Valley, Maryland-based provider of contract therapy and clinical services to post-acute and home health providers. The transaction was a purchase from BPOC; HealthPRO Heritage management retains a significant equity stake and Wellspring plans to support the company's next phase of growth and add-on activity.

headversity Acquires Health Improvement Solutions

September 8, 2022

Healthcare Services

Calgary-based headversity has acquired the assets of Health Improvement Solutions to integrate HIS's evidence-based health risk assessment methodology and program services into headversity's workforce mental health and resilience platform. The deal expands headversity's capability to assess employee health risks and build bespoke employer mental health and wellbeing programs.

Goldman Sachs Growth Equity and Heritage Group Invest in AvaSure

May 20, 2021

Healthcare Services

Goldman Sachs Asset Management’s Growth Equity team and Heritage Group have made a growth equity investment in AvaSure, a provider of inpatient audiovisual telehealth and remote patient monitoring solutions. The capital will be used to fund growth initiatives, further develop AvaSure's AvaSure 360 platform, and scale the company's commercial footprint and product capabilities.