Baird's Investment Banking Group is pleased to announce the following transaction:

Date:
March 2021
Company:
Millennia
Description:
Growth Investment from Pamlico Capital
Sector(s):
Healthcare
Baird served as the exclusive financial advisor to Millennia on this transaction

Millennia, a portfolio company of Eir Partners (“Eir”), received a growth investment from Pamlico Capital (“Pamlico”). Transaction details were not disclosed.

Millennia provides technology-driven patient pay solutions, serving over 1,000 facilities in 38 states. Millennia's mission is to simplify and streamline the patient financial experience by communicating with patients early, informatively, and often through their proven patient engagement platform and team of highly-trained support specialists. Millennia was founded in 2012 and is headquartered in Raleigh, North Carolina.

Eir Partners is a United States-based investment company focused exclusively on the healthcare and healthcare technology marketplace. Eir's investment model allows for direct platform investments as the sole investor or alongside strategic or other private equity firms. Eir has completed or partnered on over $3.6 billion in healthcare technology transactions since inception in 2015. Targeted stages of investment include growth equity through control buyouts. Eir Partners is headquartered in New York, New York.

Pamlico Capital is a private equity firm founded in 1988 that primarily invests in growing middle-market companies in North America. Pamlico Capital seeks control-oriented growth equity investments of up to $150 million alongside founders and proven management teams in its target industries: business & technology services, communications, and healthcare. Since inception, Pamlico has invested approximately $4 billion. Pamlico Capital is headquartered in Charlotte, North Carolina.

For additional information about this transaction, please contact:

James Weck +1-312-623-0159
Will Cauthen +1-336-339-0599