ABS Capital Partners

ABS Capital Partners is a private equity firm founded in 1990 and headquartered in Maryland. The firm specializes in growth equity investments, primarily focusing on healthcare, education, and tech-enabled service industries in the United States. With a 30-year history, ABS Capital Partners aims to support growth-oriented companies in realizing their full potential beyond their initial stages. The firm is known for its commitment to fostering the development of businesses and helping them navigate the challenges of scaling operations.

Michael Avon

Managing Partner

Phil Clough

Chairman and General Partner

Shannon Flaherty

Director of Research, Data and Analytics

Bobby Goswami

General Partner

Don Hebb

Founder and Chairman

Robyn Lehman

Partner and CFO

Bion Ludwig

Partner

Jennifer Notes

Principal and Controller

Roshan Potarazu

Vice President

Cam Shanahan

Associate

Win Smith

Associate

John Stobo

Managing Partner

Ralph Terkowitz

Partner

Tim Weglicki

Founding Partner

Past deals in Maryland

Scene Health

Series B in 2023
Scene Health is a mobile health company that focuses on improving patient engagement and medication adherence through innovative technology. Utilizing a smartphone application, patients can video record themselves taking their medication, which allows healthcare providers to assess adherence and interact with patients via a secure web portal. The platform is designed to support various healthcare sectors, including public health departments, clinical trials, hospitals, and managed care organizations, particularly for patients with conditions such as tuberculosis, opioid use disorder, hepatitis C, and diabetes. Scene Health offers customizable reporting to care teams, providing insights from daily video submissions to enhance patient care. The platform is multilingual, functions offline, and has been shown in an NIH-funded study by Johns Hopkins to achieve an average medication adherence rate of 94 percent among participants. Founded in 2008 and based in Baltimore, Maryland, Scene Health continues to advance its mission of empowering patients through technology.

Audacious Inquiry

Venture Round in 2020
Audacious Inquiry, LLC is a healthcare information technology and policy consulting firm based in Baltimore, Maryland, founded in 2004. The company specializes in providing innovative solutions that enhance the sharing, management, and protection of health information across the healthcare system. It offers a range of services including health information systems, master data management, web applications, and analytical services. Notable products include the Encounter Notification Service, which delivers real-time notifications regarding patient admissions, discharges, and transfers to healthcare providers and payers, thereby improving clinical outcomes and supporting population health initiatives. Additionally, Audacious Inquiry develops custom software solutions and provides consulting on health IT policy, operational strategies, and Medicaid technology. The firm serves a diverse clientele, including government agencies, health information organizations, provider networks, and private payers, playing a crucial role in advancing healthcare delivery through technology.

Audacious Inquiry

Venture Round in 2018
Audacious Inquiry, LLC is a healthcare information technology and policy consulting firm based in Baltimore, Maryland, founded in 2004. The company specializes in providing innovative solutions that enhance the sharing, management, and protection of health information across the healthcare system. It offers a range of services including health information systems, master data management, web applications, and analytical services. Notable products include the Encounter Notification Service, which delivers real-time notifications regarding patient admissions, discharges, and transfers to healthcare providers and payers, thereby improving clinical outcomes and supporting population health initiatives. Additionally, Audacious Inquiry develops custom software solutions and provides consulting on health IT policy, operational strategies, and Medicaid technology. The firm serves a diverse clientele, including government agencies, health information organizations, provider networks, and private payers, playing a crucial role in advancing healthcare delivery through technology.

Bambeco

Venture Round in 2015
Bambeco LLC offers home products. It offers home decor products, such as furniture, rugs and mats, pillows and throws, accents, vases, wall hangings, clocks, frames, and candles; kitchen and entertaining products, including dinnerware, serving pieces, barware, drinkware, pitchers and decanters, flatware and serving utensils, cutting boards, table linens, accessories, towels, cleaning supplies, aprons, holders, and mitts; and bed and bath products, such as duvets and blankets, sheets and shams, pillows, bath linens, spa, accessories, and cleaning supplies. The company also offers outdoor products, including barbecue tools, picnic and beach, decor, lighting and candlelight, bird feeders and houses, garden herbs and plants, and garden tools; office accessories, bags and cases, stationery, and yoga and storage products; and pet products, including bowls, placemats, gourmet goodies, toys, leashes and collars, beds, and accessories. It serves customers online.

Metastorm

Series C in 2007
Metastorm, Inc. provides enterprise architecture, business process modeling and analysis, and business process management software. It offers Metastorm Enterprise, which allows organizations to unify strategy, analysis, and execution; Metastorm ProVision, an enterprise modeling software for strategic planning and enterprise architecture; and Metastorm ProVisionBPA, a solution for business process analysis, which provides an integrated end-to-end process framework for continual process improvement. The company also provides Metastorm Discovery, an interactive process discovery tool designed to collect data, process understanding, and process metrics that is be used to drive business process modeling, improvement, and optimization efforts. In addition, it offers business process management software that allows organizations to automate, control, and improve human and system-based business processes; and Metastorm Integration Manager, a platform for designing, executing, and monitoring system-based processes. The company serves manufacturing/retail/distribution; business services/legal; financial services; healthcare/pharmaceutical; government; education; telecommunications; transportation; sports and communications; and tax, compliance, and technology sectors. Metastorm, Inc. was founded in 1996 and is headquartered in Baltimore, Maryland. The company has locations in Tampa, Florida; Southfield, Michigan; New York, New York; San Francisco, California; London, the United Kingdom; Zaventem, Belgium; Madrid, Spain; Munich, Germany; Cl Breda, the Netherlands; Paris, France; Stockholm, Sweden; and Midrand, South Africa.
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