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Announced

Warburg Pincus-backed Qualifacts to merge with Martis Capital-backed Credible Behavioral Health.

Synopsis

Warburg Pincus-backed Qualifacts, a developer of enterprise electronic health record system providing scheduling, documentation, billing and reporting, agreed to merge with Martis Capital-backed Credible Behavioral Health, a provider of immediate assistance to behavioral healthcare agencies. Financial terms were not disclosed. "Qualifacts and Credible are highly regarded in the behavioral health software industry. This transformational merger will deliver more value to the behavioral health customers we serve while creating outstanding opportunities for our employees. Both companies share a mission-driven culture and a commitment to operational excellence. I look forward to leveraging best practices as we continue to grow as one firm," David Klements, Qualifacts CEO.

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