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New Deal


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Synopsis

2ndWave Software, partners with middle-market enterprise software companies, and PSG, a growth equity firm partnering with software and technology-enabled service companies, agreed to acquire HealthTrio, a software-as-a-service innovator for the healthcare market. Financial terms were not disclosed. This investment from PSG and 2ndWave will accelerate opportunities for HealthTrio’s clients to better impact health outcomes, improve the patient experience, and decrease costs. "When looking at investments for digital engagement solutions and innovators within the healthcare market, HealthTrio was at the top of our list. Throughout their long tenure, the organization has been passionate about excellence in building advanced solutions that address the challenges of the healthcare market, resulting in innovative products that we believe are significantly ahead of the curve," Bill Skarinka, PSG Managing Director.

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