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Announced

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Charlesbank Capital Partners completed a $50m investment in Healthcare Fraud Shield.

Synopsis

Private equity firm Charlesbank Capital Partners completed a $50m investment in Healthcare Fraud Shield, a fraud detection software provider. "We are delighted to partner with the Company and its outstanding management team during this phase of accelerated investment and growth. The Company’s proprietary rules, datasets, AI models and workflow solutions are highly unique and effective. We are excited to support the Company’s continued investment in its technology, its artificial intelligence capabilities, and most importantly, its people," Darren Battistoni, Charlesbank Managing Director.

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