Announced

Completed

Summit Partners led the investment in Hallmark Health Care Solutions.

Synopsis

Summit Partners, a growth equity investor, led the investment in Hallmark Health Care Solutions, a healthcare technology company specializing in workforce management solutions, with participation from Enhanced Healthcare Partners and Hallmark management. Financial terms were not disclosed. “We believe this investment is a testament to the strength and tremendous future potential of our business. There is a healthcare workforce crisis in this country – one that is impacting both quality and cost of care. This new capital will enable Hallmark to further our commitment to our customers, helping the healthcare organizations with whom we partner save time and money, allowing them to focus on the lifesaving work they are called to do,” Isaac Ullatil, Hallmark Health Care Solutions Co-Founder and CEO.

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