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Accel-KKR completed the investment in Forcura.

Financials

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Transaction Value-
Consideration TypeCash
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United States

Private

Software

Friendly

Completed

Minority

Single Bidder

healthcare technology

Domestic

Private Equity

Acquisition

Synopsis

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Accel-KKR, a technology-focused private equity firm, completed the investment in Forcura, a cloud-based health care workflow and care coordination solution. Financial terms were not disclosed. “Well-coordinated care following discharge from an acute-care setting, such as a hospital or surgery center, plays a critical role in ensuring the patient’s recovery and long-term health. But coordinating patient and treatment information between various stakeholders that provide the care can be slow, cumbersome and fraught with errors – especially at a time when the patient needs the very opposite response. This care coordination problem is what Forcura was created in 2012 to solve. After a successful eight years of helping our customers solve these critical care coordination challenges, today Forcura reached another important milestone with this partnership with Accel-KKR. With its capital backing and access to the firm’s deep expertise in software, we can accelerate innovation, growth and expansion to the benefit of our clients and their patients’ wellbeing," Craig Mandeville, Forcura CEO and Founder.

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