Pine Tree Equity has recapitalized Westmont, Illinois-based RevMd, a provider of revenue cycle management services focused on insurance claims resolution services and self-pay collections for hospitals, large physician groups and other healthcare providers. No financial terms were disclosed.
PRESS RELEASE
Pine Tree Equity III, LP (“Pine Tree Equity”), a private equity firm based in Miami, FL, is pleased to announce that it has recapitalized RevMD Partners, LLC (“RevMD” or the “Company”) in October 2018. The Company, founded in 2011 and headquartered in Westmont, IL, is a leading provider of revenue cycle management services. For additional information, please visit www.revmdpartners.com.
RevMD is a leading provider of revenue cycle management services focused on insurance claims resolution services and self-pay collections for hospitals, large physician groups and other healthcare providers.
The Company will continue to be led by founders Tim McCarthy, Nick DiGiovanni, Jr. and Nick DiGiovanni, III who will focus on accelerating the Company’s geographic expansion and pursuing complementary add-on acquisitions. RevMD marks Pine Tree Equity’s 68th investment since inception in 2007 (i.e., 21 platform and 47 add-on acquisitions).
We are pleased to offer traditional referral fees for a closed transaction based on a signed fee agreement. For additional information, please call Roberto Canto at (305) 808-9820.
Pine Tree Equity
Pine Tree Equity, based in Miami, FL, is a private equity firm focused on the investment in and expansion of small capitalization companies – with revenue of $10.0 million to $50.0 million – in partnership with management. For additional information, please visit www.pinetreeequity.com or please call Jeff Settembrino at (305) 808-9820.
Source: https://www.pehub.com/2018/11/pine-tree-equity-recaps-revmd/
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