22C Capital

RapidRatings Announces $200 Million Growth Investment Led by Spectrum Equity, 22C Capital

Retrieved on: 
Monday, February 14, 2022

RapidRatings (The Company), the leading provider of financial health data and analytics, today announced that it received a $200 million strategic investment led by Spectrum Equity , a leading growth equity firm focused on software and data services companies, along with 22C Capital.

Key Points: 
  • RapidRatings (The Company), the leading provider of financial health data and analytics, today announced that it received a $200 million strategic investment led by Spectrum Equity , a leading growth equity firm focused on software and data services companies, along with 22C Capital.
  • FTV Capital, which led a $30 million investment in RapidRatings in 2018, will remain on the board and continue to support the company as an investor.
  • Latham & Watkins LLP acted as legal advisors to Spectrum Equity and Sidley Austin LLP acted as legal advisors to 22C Capital.
  • Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy.

Frazier Healthcare Partners Announces Acquisition of Accuity Delivery Systems

Retrieved on: 
Thursday, October 29, 2020

On October 26, 2020, Frazier Healthcare Partners, a Seattle-based healthcare investment firm, completed its acquisition of Accuity Delivery Systems (Accuity, or the Company), a leading provider of physician-led Revenue Integrity and Clinical Documentation Improvement (CDI) services.

Key Points: 
  • On October 26, 2020, Frazier Healthcare Partners, a Seattle-based healthcare investment firm, completed its acquisition of Accuity Delivery Systems (Accuity, or the Company), a leading provider of physician-led Revenue Integrity and Clinical Documentation Improvement (CDI) services.
  • Both Todd and Robert bring decades of relevant experience scaling healthcare services organizations and will help Accuity continue its rapid growth trajectory.
  • Jamie Wells, President of Accuity, added, This is a great opportunity for our company, and we are very excited to have Frazier Healthcare and 22C Capital as new partners.
  • Founded in 1991, Frazier Healthcare Partners is a leading middle market private equity firm focused exclusively on healthcare.