Sahil Aggarwal

Associate

Jonathan Bateman

Associate

David Belluck

General Partner

Michael Bernard

Principal

Daniel H. Berry

Operating Partner

Ian L. Blasco

General Partner

Karen K. Clark

Operating Partner

Pema Donyo

Associate

Ali Evans

Associate

Patrick Furlong

Vice President

Aakash Garg

Associate

Kristie Han

Associate

Steve Kaplan

General Partner

William Karlson

Senior Associate

Ross Komenda

Associate

Jon Lemelman

Partner

Robert Lewis

Associate

Derek Li

Senior Associate

Michael Magliochetti

Operating Partner

Chintan Meher

Principal

David Del Papa

General Partner

Andrew Perkins

Senior Associate

Elizabeth Qian

Associate

Kash Rajagopal

Associate

Lloyd Rogers

Operating Partner

Craig Stern

General Partner

Kevin Sullivan

CFO and CCO

Kyle Visser

Associate

Mark Waiting

Vice President

Peter Woo

Associate

Shahan Zafar

Vice President

46 past transactions

Medical Reimbursements of America, Inc., doing business as MRA, provides specialty reimbursement solutions that identify and recover additional revenue for hospitals and health systems in the United States. The company researches each accident, identifies the various parties responsible for payment of medical bills, and collects on behalf of the hospital from property and casualty, liability, and worker’s compensation carriers and health insurance plans. It also provides Accident Claims Management Solution that identifies and recovers alternative sources of payments for accident-related hospital bills; and Payment Integrity Solution that detects underpayments from government and managed care payers. The company was founded in 1999 and is based in Franklin, Tennessee.

Alarm Funding Associates, LLC

Merger/Acquisition in 2020
Alarm Funding Associates, LLC operates as an alarm funding and acquisition company. It engages in alarm monitoring, billings, and collection of vendors focused on the bulk acquisition of customer accounts from local alarm company operators. The company acquires accounts from local alarm companies rather than market directly to customers. Alarm Funding Associates, LLC was incorporated in 2018 and is based in West Chester, Pennsylvania.

Altanova Pakistan (Private) Limited

Merger/Acquisition in 2015
Altanova Pakistan (Private) Limited is based in Pakistan.

Openforce

Acquisition in 2015
Openforce® is the leader in technology-driven services that reduce operating costs and mitigate compliance risk for companies using independent contractors. Openforce frees contracting companies from the burden of onboarding, contracting, and settlement processing, while helping contractors build their business. Our cloud-based applications help businesses achieve more sustainable, profitable growth by removing financial, operational, and compliance barriers to getting business done. Learn more at www.oforce.com.

Alarm Funding Associates, LLC

Merger/Acquisition in 2017
Alarm Funding Associates, LLC operates as an alarm funding and acquisition company. It engages in alarm monitoring, billings, and collection of vendors focused on the bulk acquisition of customer accounts from local alarm company operators. The company acquires accounts from local alarm companies rather than market directly to customers. Alarm Funding Associates, LLC was incorporated in 2018 and is based in West Chester, Pennsylvania.

FirstLight

Acquisition in 2010
FirstLight offers a robust suite of advanced telecommunications products, including dedicated Internet access, Ethernet, data center services, dark fiber and voice services including SIP trunks, virtual PBX, and traditional TDM solutions. Our clientele includes national cellular providers and CLECs and many leading enterprises, spanning high tech manufacturing and research, hospitals and healthcare, banking and financial, secondary education, colleges and universities, and local and state governments. FirstLight is a portfolio company of Boston-based private equity firm Riverside Partners.

Syner G Pharma Consulting

Private Equity Round in 2020
Syner-G is a leading provider of customized science and risk-based CMC technical, regulatory, and compliance solutions and services, supporting pharmaceutical and biotechnology companies across the small molecule, large molecule, and cell and gene therapy products. With its high customer retention, Syner-G oversees all aspects of CMC technical, regulatory, and compliance services throughout the drug development process and post-commercialization.

MicroDental Laboratories

Acquisition in 2001
MicroDental Laboratories, Inc., a dental laboratory, fabricates and supplies dental restorations for dental practices in the United States. The company offers restorative products and fabricated temporaries. It also provides education courses. The company was founded in 1964 and is headquartered in Dublin, California. As of October 21, 2016, MicroDental Laboratories, Inc. operates as a subsidiary of Modern Dental Group Limited.

Convergence Networks

Venture Round in 2020
Convergence Networks is a managed IT service provider based in Portland, Oregon, together with its sister company Luminant Security, which provides managed cybersecurity services. With 20 years of success, it is focused on attracting talented and passionate people who work with their SMB clients as strategic partners to drive results. They offer a full spectrum of solutions covering cybersecurity, strategic planning, end use support, cloud, and hardware.

Loftware

Private Equity Round in 2014
Loftware, Inc. is the global market leader in Enterprise Labeling Solutions with more than 5,000 customers in over 100 countries. Offering the industry’s most comprehensive labeling solution, Loftware’s enterprise software integrates SAP®, Oracle® and other enterprise applications to produce mission-critical barcode labels, documents, and RFID Smart tags across the supply chain. Loftware’s design, native print, and built-in business rules functionality drives topline revenue, increases customer satisfaction, and maximizes supply chain efficiency for customers. With over 25 years of industry leadership, Loftware’s enterprise labeling solutions and best practices enable leading companies to meet their customer-specific and regulatory requirements with unprecedented speed and agility. Loftware’s strategy is to be the global market leader across all industries in developing innovative, enterprise–class, mission–critical solutions utilizing their seamless application integration, intelligent data transformation, flexible label and document design and proven software. Loftware will grow and profit by making their customers and partners successful by delivering highly differentiated, compliant, easily integrated, reliable and scalable software products; coupled with the domain expertise of their team of services and support professionals.

Veropath

Acquisition in 2018
Veropath Ltd. provides technology expense management solutions that help enterprise clients to transform the view and management of information technology and telecom environments in the United Kingdom and internationally. The company offers telecom inventory management, personal cost management, telecom contract management, telecom usage management, telecom invoice management, telecom sourcing management, telecom order management, reporting and business intelligence, and telecom dispute management solutions. It delivers solutions through the Microsoft Azure Cloud environment. Veropath Ltd. was formerly known as IntelligentComms Limited and changed its name to Veropath Ltd. in September 2015. The company was founded in 2001 and is based in Edinburgh, United Kingdom with an additional office in London, United Kingdom. As of June 6, 2018, Veropath Ltd. operates as a subsidiary of Calero Software, LLC.

IZI Medical Products

Acquisition in 2009
IZI Medical Products, Inc. develops, manufactures, and sells medical products to customers worldwide. The company offers indicator and multi-modality markers for CT; needle guides for CT-guided biopsies and pain management injections; one-time-use passive reflective and multi-modality fiducial markers for image guided surgeries; Indicator radiopaque and radiolucent, and multi-modality markers for X-ray, CT, angiography, mammography, and fluoroscopy applications to identify masses, scar tissue, moles, birth marks, nipples, or any point of interest; multi-modality markers for MRI, nuclear medicine, PET imaging, and image fusion applications; radiation therapy products; and prostate brachytherapy template grids and fiducial markers for urology applications. It sells its products online. The company was founded in 1991 and is based in Owings Mills, Maryland. As of November 14, 2011, IZI Medical Products, Inc. operates as a subsidiary of Landauer Inc.

Quantum Medical Imaging

Acquisition in 2006
Quantum Medical Imaging, LLC is a highly innovative company which designs and manufactures high quality medical radiographic systems.

Dominion Diagnostics

Acquisition in 2010
Dominion Diagnostics, LLC, a medical laboratory, provides clinical quantitative urine drug testing, medication monitoring, and support services in the United States. The company provides services to clients in various medical specialties, including pain medicine, primary care, addiction treatment, behavioral health, psychiatry, and hospital systems. It offers laboratory testing services, such as customized profiles and reports for individual patient monitoring, clinical assistance in results interpretation, reagents and instruments, biological monitoring and adulteration testing, rapid results through multiple reporting avenues, long-term specimen storage, comprehensive medication monitoring, ongoing participation in quality control programs, and maintenance of records. The company also provides customer services, such as clinical services for results interpretation assistance, office support services, technology integration and electronic medical records, provider relations, and medico-legal services. Dominion Diagnostics was founded in 1997 and is based in North Kingstown, Rhode Island.

MicroCal

Acquisition in 1999
MicroCal is manufactures, and markets micro calorimeters. The company offers microcalorimetry systems and software for the collection, analysis, and presentation of calorimetric data.

R&D Altanova

Private Equity Round in 2015
R&D Altanova is the leading provider of full turn-key test interface solutions specializing in Advanced Technology Printed Circuit Board Engineering, Design, Fabrication, and Assembly and Manufacturing services. A family-owned and operated business for over forty years, R&D Circuits acquired Altanova in the fall of 2013 and changed the name to R&D Altanova. They have grown to four locations, with interface board manufacturing and their home base in South Plainfield, NJ and assembly and elastomer operations in Allentown, PA; signal integrity and engineering and design engineering and sales services in San Jose, CA and a regional repair and engineering and sales office in Hsinchu, Taiwan.

Healthdrive Corporation

Acquisition in 2008
HealthDrive was founded in 1989 by medical professionals who saw the need for a higher level of on-site medical and dental services in long-term care facilities. Their founders began assembling specialty doctors, skilled providers and practitioners who were rated to be the best in their field. Since then, HealthDrive has grown to employ 120 medical and dental providers in over 1,000 facilities, serving more than 135,000 senior living residents around the nation. They understand the critical importance of good health and how it leads to a better quality of life. Their highly skilled on-site medical service providers not only deliver proactive healthcare to seniors in long-term care facilities, but deliver those services with the utmost care and empathy. HealthDrive provides long-term care residents with dental, optometry, podiatry and audiology services where they reside, bringing services to senior living facilities who partner with us. Learn more about what makes us a leading provider:

AMCAD

Acquisition in 2013
AmCad is a full-service technology service and solutions provider for government agencies. Founded in 1986, AmCad partners with government in the development and implementation of “automating” technologies – specifically in the automation of public records. For over 20 years, AmCad's continued success has enabled the steady, controlled expansion of our customer base and our solution suite – while continuing to provide state-of-the-art, award-winning solutions. AmCad provides best-of-class integrated solutions for public records.

Convergence Networks

Acquisition in 2020
Convergence Networks is a managed IT service provider based in Portland, Oregon, together with its sister company Luminant Security, which provides managed cybersecurity services. With 20 years of success, it is focused on attracting talented and passionate people who work with their SMB clients as strategic partners to drive results. They offer a full spectrum of solutions covering cybersecurity, strategic planning, end use support, cloud, and hardware.

Applied Precision, Inc.

Private Equity Round in 2002
Applied Precision, Inc. provides imaging, measurement, and analysis systems for the life sciences industries and OEM markets. The company offers microscopy imaging solutions to help scientists address disease-related questions for cellular and sub-cellular analyses. Its products include DeltaVision OMX Imaging System, a microscope system that offers super-resolution imaging using 3D structured illumination and localization microscopy techniques; DV Elite, a live cell microscopy imaging system that is designed to enhance the ability to look at more probes and samples over longer periods of time; and PersonalDV, an integrated hardware/software solution for live cell research needs. The company... Detailed Description

Convergence Networks

Merger/Acquisition in 2020
Convergence Networks is a managed IT service provider based in Portland, Oregon, together with its sister company Luminant Security, which provides managed cybersecurity services. With 20 years of success, it is focused on attracting talented and passionate people who work with their SMB clients as strategic partners to drive results. They offer a full spectrum of solutions covering cybersecurity, strategic planning, end use support, cloud, and hardware.

3Play Media

Private Equity Round in 2019
3Play Media provides a more technologically advanced and cost-effective captioning, audio description, and subtitling solution. We work with more than 2,000 customers across media & entertainment, enterprise and educational institutions. Our methods allow us to reduce the cost and simplify the process, while maintaining premium quality levels. We provide all major caption formats, efficient workflows, an API, and fast turnaround. 3Play Media was borne out of MIT in 2007 and operates in Boston, MA.

3Play Media

Acquisition in 2019
3Play Media provides a more technologically advanced and cost-effective captioning, audio description, and subtitling solution. We work with more than 2,000 customers across media & entertainment, enterprise and educational institutions. Our methods allow us to reduce the cost and simplify the process, while maintaining premium quality levels. We provide all major caption formats, efficient workflows, an API, and fast turnaround. 3Play Media was borne out of MIT in 2007 and operates in Boston, MA.

Syner-G Pharma Consulting, LLC

Private Placement in 2020
Syner-G Pharma Consulting, LLC provides chemistry, manufacturing and controls (CMC) solutions. The company provides a complete suite of CMC solutions (CMC-360) in the areas including regulatory affairs, pharmaceutical development, and QA/cGMP compliance. The company helps to design and implement science and risk-based, phase-appropriate CMC solutions to advance drug development and sustain the commercial supply chain post-approval. Syner-G Pharma Consulting, LLC was formerly known as Syner-G Pharma CMC Consulting, LLC and changed its name to Syner-G Pharma Consulting, LLC in May 2013. The company was founded in 2007 and is based in Southborough, Massachusetts.
GEM specializes in manufacturing design-and-build, build to print custom equipment, contract manufacturing and CNC machining. GEM provides a broad spectrum of capabilities, technologies and methodologies in a lean manufacturing environment. Each project is carefully optimized to maximize value without compromising performance.

NDS Surgical Imaging

Acquisition in 2006
NDS Surgical Imaging, LLC designs and manufactures medical imaging and informatics systems for operative and interventional suites. It provides medical monitor displays for operating rooms, such as endoscopic and surgical displays; digital signal processing technologies for visualization and image management systems used in minimally invasive surgery; and HD wireless medical devices and monitors. The company’s products are used in endoscopy, image guided surgery, interventional medicine, and patient monitoring markets. It markets and sells its products through OEM partners, as well as through a network of distributors and resellers worldwide. NDS Surgical Imaging, LLC was formerly known as National Display Systems, Inc. and changed its name to NDS Surgical Imaging, LLC in January 2007. The company was founded in 1996 and is based in San Jose, California. NDS Surgical Imaging, LLC operates as a subsidiary of Novanta Inc.

Thinklogical

Acquisition in 2010
Thinklogical is the worldwide leading designer and manufacturer of secure, high performance signal extension and switching systems, allowing Video-Rich Big Data to be accessed, transported, distributed, displayed and analyzed at the highest quality with no latency. It comprehensive product portfolio spans a wide range of trusted solutions from KVM (keyboard, video and mouse), audio and USB signal matrix switching and extension systems, to image processing and conversion products, to secure console server management and camera extension products.

Pilgrim Quality Solutions

Private Equity Round in 2011
Pilgrim Software is a world-leading provider of Enterprise Risk, Compliance and Quality Management software solutions for highly regulated industries. Pilgrim has pioneered effective, integrated software solutions for the Life Science industries, as well as manufacturers in the automotive, aerospace and defense, and other non-FDA regulated industries. Pilgrim’s reputation for excellence in innovation has attracted an impressive portfolio of global customers. More than a half-million end-users employ Pilgrim products every day to meet the diverse challenges of the world’s highly competitive marketplace. Pilgrim’s fully Web-based, integrated solutions help businesses centrally manage domestic and international operations to ensure product safety and compliance, reduce manufacturing costs and improve customer satisfaction.
Innovative Product Achievements, LLC designs, engineers, assembles, installs, and services automated scrub.

BioAgilytix Labs

Private Equity Round in 2013
BioAgilytix is a bioanalytical lab specializing in immunoassays and cell-based assays. Located in Research Triangle Park North Carolina, our growing team of highly dedicated individuals is driven by the desire to support the development of novel drugs and other scientific breakthroughs. By employing highly experienced scientists with deep, focused expertise in an engaging work environment, we are able to consistently exceed our customers’ expectations.

Sequoia

Private Equity Round in 2022
Sequoia is a biotech consulting group that offers leadership, guidance, and expertise, with sustained success and optimized efficiency. The company provides the required network of resources and subject matter experts to build strong, enduring relationships with clients based on trust, hands-on hard work, and measurable results. Sequoia partners with teams on a deeper level to realize their full potential.

Eliassen Group

Acquisition in 2011
Eliassen Group, LLC operates as a technology staffing company. It offers contract and direct-hire staffing solutions to corporations, state government, and non-profit organizations. The company also provides electronic data management, technical, consulting, and training services for pharmaceutical, biotechnology, and medical device companies. It serves healthcare/pharmaceutical, financial services, government, education, life sciences, manufacturing, and software development companies. The company offers its services in New York, New Jersey, and North Carolina. Eliassen Group, LLC was formerly known as Eliassen Group, Inc. The company was founded in 1989 and is headquartered in Wakefield, Massachusetts with additional offices in New York, New York; and Philadelphia, Pennsylvania. It also has locations in Mansfield, Massachusetts; and New London, Connecticut.

Allied Dental

Acquisition in 2012
Allied Dental is a dental services organization providing management services to dental practices in the Northeast and Mid-Atlantic. Allied Dental’s practices offer a range of services from basic exams and cleanings to specialty services, including pediatrics, endodontics, periodontics, orthodontics, and oral surgery.

Calero-MDSL

Acquisition in 2017
Calero Software provides Communications Lifecycle Management software and related solutions to enterprises in the United States and internationally. The company offers various solutions for fixed and mobile Communications Expense Management, Managed Mobility Services, Enterprise Mobility Management, and IT services management. It also provides a range of services, including implementation, audit and inventory build, sourcing and benchmarking, and mobile consulting services, as well as Communication Service Management solutions.

Calero-MDSL

Merger/Acquisition in 2017
Calero Software provides Communications Lifecycle Management software and related solutions to enterprises in the United States and internationally. The company offers various solutions for fixed and mobile Communications Expense Management, Managed Mobility Services, Enterprise Mobility Management, and IT services management. It also provides a range of services, including implementation, audit and inventory build, sourcing and benchmarking, and mobile consulting services, as well as Communication Service Management solutions.

Welocalize

Private Equity Round in 2010
Welocalize, Inc. provides professional translation and localization services for companies in the United States and internationally. It offers integrated multilingual solutions to transform various content types ranging from patent filings, digital content marketing, and investor reporting communications to on-page search engine optimization and regulatory compliance e-learning content for local audiences. The company provides digital marketing expertise, content and campaign optimization, and multilingual search data and market research services; foreign language solutions for patent filing, prosecution, litigation support, and e-discovery aspects; translation and localization services for the life science industry; and technology innovation services. Welocalize, Inc. was formerly known as InterTrans, Inc. and changed its name to Welocalize, Inc. in January 1997. The company was founded in 1995 and is based in Frederick, Maryland with office locations in the United States, Europe, and Asia.

MaxVision

Acquisition in 2007
Rugged Portable Computers, LLC is an employee owned small business located in Madison Alabama which has recently acquired the assets and trademarks of MaxVision Holding LLC, and while a completely independent and separate company from MaxVision, continues to market, manufacture and support the acquired product lines carrying the MaxVision, MaxPac, MaxCube and MaxRax registered trade names.

ITC Global

Acquisition in 2011
ITC Global provides voice and data wide-area networking services to some of the largest and most well-known corporations and organizations around the globe. Their expertise spans a range of industries, including mining, maritime, energy, and NGO's.

Vocollect

Venture Round in 2009
Vocollect offers interactive voice systems for warehouses and nursing homes.

Medical Reimbursements of America

Merger/Acquisition in 2017
Medical Reimbursements of America, Inc., doing business as MRA, provides specialty reimbursement solutions that identify and recover additional revenue for hospitals and health systems in the United States. The company researches each accident, identifies the various parties responsible for payment of medical bills, and collects on behalf of the hospital from property and casualty, liability, and worker’s compensation carriers and health insurance plans. It also provides Accident Claims Management Solution that identifies and recovers alternative sources of payments for accident-related hospital bills; and Payment Integrity Solution that detects underpayments from government and managed care payers. The company was founded in 1999 and is based in Franklin, Tennessee.

3Play Media

Private Placement in 2019
3Play Media provides a more technologically advanced and cost-effective captioning, audio description, and subtitling solution. We work with more than 2,000 customers across media & entertainment, enterprise and educational institutions. Our methods allow us to reduce the cost and simplify the process, while maintaining premium quality levels. We provide all major caption formats, efficient workflows, an API, and fast turnaround. 3Play Media was borne out of MIT in 2007 and operates in Boston, MA.

Volley

Series C in 2024
Volley builds voice-controlled games for Amazon Alexa and Google Home. We made the two best-reviewed games on Alexa! Check them out: Yes Sire (yessire.com) - A choose-your-own-adventure story-driven game set in a medieval castle. Song Quiz (thesongquiz.com) - A name-that-tune music trivia game in which you must correctly identify the title and artist of popular songs.

Bottom Line Systems, Inc.

Merger/Acquisition in 2016
Bottom Line Systems is dedicated to ensuring that thier clients are paid accurately and appropriately for the invaluable and life-giving services they provide. Thier analysis is powered by proprietary, custom-designed, robust technology. They combine this unique software with teams of experts to provide the most detailed underpayment and denial review in the industry. A central part of thier healthcare payment compliance service is process and managed care contract improvement. As a result, in addition to superior healthcare revenue recovery, they provide ongoing information and ideas to improve process and future reimbursement.

UnisLink

Private Equity Round in 2022
UnisLink combines advanced technology with expert professional services to help healthcare organizations improve the About Unis Health patient experience while optimizing business efficiency. Their comprehensive range of modern technology offerings combined with a deep understanding of the healthcare landscape means they’re able to offer improvements to systems, technology and processes that are proven to have a direct and positive impact on the bottom line.