Parthenon Capital Completes Growth Recapitalization of Nuvem
Summary
The Company’s senior leadership team, including Founder & President Colleen DiClaudio and CEO Gonen Antebi, will continue to lead the organization post-closing. “Parthenon’s track record within healthcare technology and approach to supporting high-growth businesses was the combination of experience and resource support we were looking for as we seek to expand our offering both organically and through strategic acquisitions.” Colleen DiClaudio added, “I am incredibly proud of what our team and company has accomplished in bringing software and tech-enabled services to the market that allow our clients to achieve savings and to drive business efficiencies so they can focus on delivering high-quality patient care. We are excited to partner with the Nuvem team to support their growth initiatives over time.” Kurt Brumme, a Principal at Parthenon, added, “Nuvem’s solutions allow safety net providers to leverage technology to create meaningful business efficiencies, thereby enabling them to focus on expanding care and community support for some of the most vulnerable patient populations. We see a compelling opportunity to build upon Nuvem’s track record of client success and to extend the company’s offering in both existing and new market segments.” Terms of the investment were not disclosed. Nuvem has also successfully launched a suite of add-on products and services to deliver billing and collections, audit and compliance, and specialty pharmacy referral solutions that provide incremental efficiencies and savings for clients.