Vistria Group

The Vistria Group is focused on making investments in middle market companies participating in the healthcare, education and financial services industries. The Vistria team is uniquely qualified to navigate an increasingly complex world by evaluating investments from three perspectives: operating, financial and regulatory.

Phil Alphonse

Senior Partner

Yash Kandoi

Principal

16 past transactions

Soliant Health

Acquisition in 2024
Soliant Health, Inc. is a national provider of healthcare staffing solutions, catering to both metropolitan and rural healthcare facilities across the United States. Established in 1991 and headquartered in Atlanta, Georgia, the company specializes in a wide range of temporary and direct hire assignments for various healthcare professionals. These include registered nurses, physical therapists, occupational therapists, speech-language pathologists, and medical technologists, among others. In addition to staffing services for hospitals, Soliant Health also focuses on providing specialized personnel for K-12 schools, offering services in clinical advisory, telehealth, and staff augmentation. The company aims to meet the diverse staffing needs of its clients, emphasizing long-term assignments for healthcare professionals in highly specialized positions.

Really Great Reading

Acquisition in 2023
Really Great Reading Company LLC specializes in developing a web-based supplemental educational curriculum aimed at enhancing foundational literacy skills for students in grades K-3. Founded in 2013 and based in Cabin John, Maryland, the company offers a comprehensive suite of proprietary products that include instruction, assessment, practice, and professional development resources. These tools enable educators to implement scientifically proven reading strategies effectively, allowing them to diagnose and address the needs of struggling readers. Really Great Reading serves over 15,000 teachers across all 50 states and in more than 10 countries, facilitating the alignment of teaching practices with evidence-based reading methods.

U.S. Retirement & Benefits Partners

Acquisition in 2023
U.S. Retirement & Benefits Partners, Inc. is an independent national financial services firm based in Iselin, New Jersey, specializing in employee benefits and employer-sponsored retirement plans for public schools, governmental entities, corporations, unions, and non-profit organizations. Founded in 2007, the company focuses on the design and administration of these benefit programs, providing personalized enrollment support and tailored financial planning solutions to employees. Additionally, it equips advisors, brokers, and consultants with essential tools and resources to effectively meet the benefits and retirement planning needs of their clients. Through its comprehensive offerings, U.S. Retirement & Benefits Partners aims to enhance the financial security of employees across various sectors.

MGT Consulting Group

Private Equity Round in 2023
MGT Consulting Group, founded in 1974 and based in Tampa, Florida, is a national professional services firm that offers a wide range of consulting solutions to public sector entities, Fortune 500 corporations, and large nonprofit organizations. The firm specializes in two main areas: Technology Management and Strategic Consulting. Its Technology Management services encompass cyber security, IT managed services, IT infrastructure, and technology staffing. In the realm of Strategic Consulting, MGT provides expertise in fiscal management, facilities planning, strategic implementation, school improvement, and disparity research. Through its diverse offerings, MGT aims to support its clients in achieving their goals and enhancing their operational effectiveness.

Novata

Series B in 2023
Novata is a developer of a technological platform that provides its clients with corporate governance measurement, data collection, and benchmarking. In addition to reporting tools, the company provides a streamlined reporting framework that consolidates metrics, a secure contributory database where private companies can report against the framework, and objective, data-driven benchmarking against both private and public company peers. This enables private businesses to gain key insights from their data and easily report to investors, regulators, and other stakeholders. Novata was established in 2021 in New York, United States by Alexander Friedman.

Flores & Associates

Private Equity Round in 2022
Flores & Associates, LLC is a national administrator of tax-advantaged consumer reimbursement plans, headquartered in Charlotte, North Carolina. Established in 1986, the company offers a variety of services designed to assist employers in managing employee benefits. These include Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), Health Reimbursement Accounts (HRAs), and Commuter Benefit Accounts (CBAs). Flores also provides COBRA administration services to ensure compliance with regulatory requirements. The company emphasizes a service model that combines innovative technology with dedicated professionals to deliver superior service to its clients. Through its comprehensive suite of products, Flores & Associates helps employers facilitate pre-tax reimbursements for medical, dental, and vision expenses, as well as transportation costs, thereby enhancing employee benefits while promoting financial wellness.

The Mather Group

Private Equity Round in 2022
The Mather Group is a fiduciary-only firm serving affluent and ultra-affluent families and individuals.

Professional Health Care Network

Acquisition in 2022
Professional Health Care Network provides oversight and management for home health care services. PHCN ensures home health care is delivered to the highest standards. Through its robust network of home health care providers, more than 650,000 patients have the access they need to expert, cost-effective, home-based clinical care.

ESS

Acquisition in 2022
Education Solutions Services provides education partners realize efficiencies and economies of scale with local ESS call centers.

Muse Healthcare

Private Equity Round in 2021
Muse Healthcare specializes in predictive modeling tools designed to enhance personalized care, particularly in the hospice sector. The company offers analytics services that categorize and prioritize patients based on their individual needs. By providing comprehensive analysis, integration, and support for patient transitions, Muse Healthcare aims to ensure that patients receive holistic care tailored to their specific circumstances.

Medalogix

Private Equity Round in 2021
Medalogix LLC is a healthcare technology company based in Nashville, Tennessee, founded in 2009. The company specializes in providing analytics and workflows for home health providers to enhance patient care and lower costs. Its primary offerings include Medalogix Touch, which employs predictive analytics to optimize home health episode management, and Medalogix Bridge, which enhances the hospice transition process for dual home health and hospice providers by adding operational efficiency and predictive insights. Medalogix focuses on accurately assessing the risk of patient readmission in home health and skilled nursing facilities, helping clients make informed clinical resource deployment decisions. By delivering daily risk analyses, the company aims to significantly reduce rehospitalization rates among patients.

SCA Pharma

Acquisition in 2021
SCA Pharma is a manufacturer of sterile and compounded pharmaceutical products, specializing in providing quality sterile admixtures. The company supplies unit-dosed oral syringes, medications for drug shortages, and compounded pharmaceuticals to hospitals, pharmacies, and ambulatory surgery centers. By offering these products, SCA Pharma aims to enhance operational efficiency and reduce costs for healthcare providers. The company's focus on sterile compounding helps address critical medication shortages and ensures that healthcare facilities have access to the necessary pharmaceutical solutions for patient care.

Edmentum

Acquisition in 2020
Edmentum, Inc. is a leading provider of online learning programs designed to drive student achievement for academic and career success. With more than 50 years of experience driving significant advances in the industry, Edmentum offers a wide variety of innovative learning programs to empower 21st century teaching and learning. Privately owned Plato Learning, the Minneapolis-based provider of online education solutions, acquired publicly traded Archipelago (ARCL) and Oregon-based EdOption.. The new name of all three companies is Edmentum.

Unitek Learning

Acquisition in 2020
Unitek Learning is an educational services provider based in Fremont, California, specializing in healthcare and nursing training. Founded in 1992, the company offers a variety of programs, including bachelor’s degree nursing, vocational nursing, associate degree nursing, medical assisting, medical office administration, dental assisting, pharmacy technician training, and information technology. Unitek Learning also provides training programs for emergency medical services (EMS) and emergency medical technicians (EMTs). The organization focuses on delivering initial and continuing education aimed at achieving licensure and certification in these fields, catering to students, working professionals, and healthcare organizations.

St. Croix Hospice

Acquisition in 2017
St. Croix is a leading provider of hospice services to patients affected by a life-limiting illness. The company operates from 21 office locations across Minnesota, Wisconsin, Iowa, Nebraska and Kansas.

CareMetx

Acquisition in 2017
CareMetx is a specialty hub services and technology company dedicated to improving the lives of individuals facing complex health challenges. It partners with biopharmaceutical and medical device manufacturers to offer expert reimbursement support and clinical services for patients prescribed innovative treatments. CareMetx's proprietary digital hub platform addresses the complexities of specialty reimbursement by providing guided workflows and customizable product-specific triggers. This technology enables real-time access to decision-making data, enhancing efficiency and reducing costs. Additionally, the company offers mobile solutions, dashboards, and portals designed to track and manage the patient journey from intake to outcomes, all delivered by a compassionate workforce committed to high-quality patient care.
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