Ally Bridge Group and Sofinnova Partners led a $108m investment in Mainstay.

Ally Bridge Group and Sofinnova Partners led a $108m investment in Mainstay, an independent residential property asset management provider. Additional investors include KCK Group and Fountain Healthcare Partners. “A financing of this magnitude, supported by such a quality global investor group, is testament to the confidence in the commercial opportunity for ReActiv8. We are now strongly capitalized to execute on our corporate objectives in 2021 and beyond, including the launch of ReActiv8 in the US market and acceleration of our commercialization efforts in Europe and Australia," Jason Hannon, Mainstay CEO.