Announced

BV Investment Partners completed an investment in Imagenet.

Synopsis

BV Investment Partners, a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, completed an investment in Imagenet, a provider of back-office support technology and tech-enabled outsourced services to healthcare plans. Financial terms were not disclosed. "I'm very proud of all that our team has accomplished for our valued health plan partners, and I know that we can – and now with BV's support will – do yet more in the way of delivering high-ROI technology and outsourced solutions to our clients and the market at large. We and BV have aligned on an exciting growth plan, which is centered on positioning our clients for success in the ever-changing and evolving healthcare market. We were quick to recognize BV as our partner, given their deep experience scaling healthcare tech-enabled services businesses like ours and, perhaps most notably, their thoughtful approach to partnership and aligning with us on strategic priorities moving forward," Steve Strawn, Imagenet Founder and CEO.

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