Med-Metrix Announces Growth Investment from Harvest Partners
- Editor
- 4 days ago
- 1 min read
Whats Happening:
Med-Metrix, a leading provider of technology-enabled Revenue Cycle Management solutions, has secured a growth investment from Harvest Partners. The company's management team, led by CEO Joseph Davi, will continue to lead Med-Metrix and remain significant owners. A&M Capital, the previous owner, will retain a minority stake and invest additional capital as part of the transaction.
Key Moves:
Harvest Partners makes growth investment in Med-Metrix
A&M Capital retains minority stake and invests additional capital
Med-Metrix management team to continue leading the company
By The Numbers:
Med-Metrix founded in 2010
Company based in Parsippany, NJ
A&M Capital has over $6.0 billion in total commitments
Key Quotes:
"We are thrilled to welcome Harvest as an investor and continue our successful multi-year collaboration with AMC," said Joseph Davi, CEO of Med-Metrix.
"We see tremendous potential for Med-Metrix and are delighted to partner with Joe and his team in the Company's next phase of growth," said Lucas Rogers, Principal at Harvest.
"Our upsized investment in conjunction with Harvest, management and other existing investors underscores our confidence in the shared strategic vision," said Rob Haisch, Partner at A&M Capital.
Bottom Line:
The growth investment from Harvest Partners, combined with A&M Capital's continued involvement, positions Med-Metrix for accelerated expansion in the technology-enabled Revenue Cycle Management sector. This strategic move aims to capitalize on Med-Metrix's strong organic momentum and proven acquisition track record, potentially reshaping the RCM landscape.
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