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

Date:
November 2021
Company:
ImagineSoftware
Description:
Growth Investment from Marlin Equity Partners
Sector(s):
Healthcare
Baird served as exclusive financial advisor to ImagineSoftware on this transaction

ImagineSoftware (the “Company”), a portfolio company of Mountaingate Capital (“Mountaingate”), received a growth investment from Marlin Equity Partners (“Marlin”). Terms of the transaction were not disclosed.

ImagineSoftware is a leading provider of medical billing automation software and revenue cycle management applications. Offering powerful technology solutions for medical billing offices, practices, and hospitals for over 20 years, ImagineSoftware’s solutions improve financial efficiency, build provider reputation, and ultimately improve the patient experience. The Company is headquartered in Charlotte, North Carolina.

Mountaingate Capital is a private equity firm based in Denver that specializes in building and empowering companies with strong growth potential and engaged leadership teams. Mountaingate is one of the only firms globally honored by Inc. Magazine for three consecutive years as the most founder-friendly private equity firms. Mountaingate’s focus on organic growth coupled with its proven customer-centric buy-and-build approach and shared equity ownership with management creates more value for the end customer, while forging stronger, more collaborative, and more successful partnerships with management teams. Mountaingate targets investments in new platform companies with $5 million to $25 million of EBITDA, as well as add-on acquisitions of any size.

Marlin Equity Partners is a global investment firm with over $7.7 billion of capital under management. The firm is focused on providing corporate parents, shareholders, and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships, and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 190 acquisitions. The firm is headquartered in Los Angeles, California, with an additional office in London.

For additional information about this transaction, please contact:

James Weck +1-312-609-4675
Bill Suddath +1-312-609-5441
Will Cauthen +1-312-609-7094
John Moriarty +1-303-270-6325