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Announced

Completed

Serent Capital completed the investment in Raintree Systems.

Synopsis

Serent Capital, a lower-middle market private equity firm, completed the investment in Raintree Systems, a provider of electronic health record and revenue cycle management software solutions. Financial terms were not disclosed. "Raintree is the preeminent platform for enterprise and mid-sized therapy providers. The team has done a fantastic job of creating a robust, feature-rich product. Their passion for both their customers and their product showed up clearly in the overwhelmingly positive feedback we received from customers. We look forward to partnering with them as they enter the next chapter of growth," Kevin Frick, Serent Capital Partner.

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