Brighton Park Capital takes majority stake in Relatient
Summary
The agreement provides for a significant new equity capital investment and positions Relatient for continued leadership and growth in the patient engagement ecosystem. “With this investment, we will be able to execute faster on our growth strategy and add more resources toward innovating better experiences for our customers and their patients across our platform and in healthcare.” Through the recapitalization, Brighton Park Capital is acquiring a majority interest in Relatient. We are excited to invest in the preeminent industry platform and support Relatient to provide best-in-class services to their customers and partners.” Eric A. Spiegel, a Senior Advisor to Brighton Park Capital and Former President and CEO of Siemens USA, will join as Chairman of Relatient’s board. The company will use the proceeds from its recapitalization to hire additional employees, fund continued development of its patient engagement platform, and speed customer growth. “What excites us about Relatient is their relentless focus to enhance the patient experience with innovative technology for healthcare organizations that also drives better outcomes,” said Eric A. Spiegel.