Transaction Highlights
SC&H Capital served as the sole placement agent for iVantage Health Analytics in the connection with its $10 million recapitalization investment from Great Point Partners (GPP), a leading healthcare investment firm with approximately $600 million of equity under management.
iVantage’s solutions are positioned at the center of a large market opportunity due to increased demand for meaningful data driven by new compliance based requirements and operational challenges of the Affordable Care Act. SC&H Capital contacted a highly targeted universe of growth equity firms, and received multiple letters of intent as a result.
The equity investment helped to fund expanded sales and marketing efforts, additional investment in technology infrastructure, and personnel expansion. It also helps hundreds of national, regional, and local providers achieve high quality care through business analytics solutions.
About Our Client
iVantage Health Analytics is a leading provider of health care informatics and business analytics solutions that transform complex data into actionable business intelligence. Hospital management teams use the platform to drive empirical based decision-making. iVantage is headquartered in Portland, Maine.
Client Experience
“We wanted an advisor that understood our goals and would help us find the right partner based on their understanding of the health care informatics and business analytics marketplace. SC&H Capital was a trusted advisor that provided valuable advice throughout each stage of the process, leveraging their industry insight and expertise to find an investor that will help us deliver innovative solutions and execute on our long term growth strategy.”
-Hud Connery, President, iVantage Health Analytics
