Sale to Centauri Health Solutions
Baird served as exclusive financial advisor to Human Arc Corporation on this transaction
AboutHuman Arc Corporation (“Human Arc”) was recently acquired by Centauri Health Solutions, (“Centauri”) a portfolio company of Silversmith Capital Partners. Terms of the transaction were not disclosed.
Human Arc is a national leader in reimbursement and revenue enhancement solutions serving hospitals, health systems and health plans in over forty states. For over 30 years, Human Arc has provided its clients with governmental program, eligibility screening and enrollment for lower income, aged, disabled and other special needs populations. Human Arc helps clients optimize their fiscal health while improving access to healthcare and quality-of-life benefits for the individuals they serve. Human Arc is headquartered in Cleveland, Ohio
Centauri Health Solutions focuses on revealing care opportunities through its suite of products and services. Delivering data-driven services, through private cloud-based software solutions, the firm provides comprehensive data management designed specifically for risk adjustment and quality-based revenue programs. Centauri improves member outcomes and financial performance for health plans and at-risk providers by supporting initiatives in risk adjustment, RADV risk mitigation, HEDIS and Star Ratings. Centauri has offices in Scottsdale, Arizona, Nashville, Tennessee, and Orlando, Florida. Centauri is headquartered in Scottsdale, Arizona.
Founded in 2015, Silversmith Capital Partners is a growth equity firm with $460 million of capital under management. Silversmith Capital Partners’ mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. Silversmith Capital Partners seeks to invest $15 million to $75 million per company. Representative investments include ActiveCampaign, Digital Map Products, Impact Radius, Nordic Consulting Partners, and Partners Surgical. The founders of Silversmith Capital Partners have over four decades of collective investing experience and have served on the boards of numerous successful growth companies including Ability Network, Dealer.com, Liazon, Liberty Dialysis, MedHOK, Passport Health, SurveyMonkey, and Yapstone. Silversmith Capital Partners is headquartered in Boston, Massachusetts.
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- February 2017
- Human Arc Corporation
- Target Location
- North America
- Acquiror Location
- North America