SERENT CAPITAL


Associated tags: Capital, Software, Professional Services, Finance, Data Management, Internet

Locations: NEW YORK, UNITED STATES, NORTH AMERICA, CALIFORNIA, LOS ANGELES, ARMOUR, TEXAS, OHIO, FLORIDA, CANADA, FL, EUROPE, AUSTRALIA/OCEANIA, AUSTRALIA, SAN FRANCISCO, BOSTON, ARIZONA, NEW MEXICO, DISTRICT OF COLUMBIA, EUROPEAN UNION, WASHINGTON

Medical Informatics Engineering Secures Growth Investment from Healthcare Technology Investor Serent Capital

Retrieved on: 
Tuesday, April 23, 2024

Medical Informatics Engineering (“MIE”), a leading provider of health IT software and systems for the occupational health market, announced today that it has received a significant investment from Serent Capital , a growth-focused private equity firm with deep expertise in the healthcare technology market.

Key Points: 
  • Medical Informatics Engineering (“MIE”), a leading provider of health IT software and systems for the occupational health market, announced today that it has received a significant investment from Serent Capital , a growth-focused private equity firm with deep expertise in the healthcare technology market.
  • Founded in 1995, MIE is a pioneer in healthcare information and technology, having launched one of the nation's first health information exchanges.
  • Today, MIE continues its healthcare IT market leadership with a modern occupational health software platform, Enterprise Health .
  • Serent Capital has a robust track record in the healthcare market, having invested in over 27 healthcare technology companies in the last decade.

Traumasoft Partners with Serent Capital to Expand its Integrated EMS Solution

Retrieved on: 
Wednesday, April 10, 2024

Traumasoft’s mission-critical EMS software platform is trusted by nearly 200 customers to deliver better outcomes for patients while optimizing operational processes.

Key Points: 
  • Traumasoft’s mission-critical EMS software platform is trusted by nearly 200 customers to deliver better outcomes for patients while optimizing operational processes.
  • Serent’s growth capital and operational resources will enable Traumasoft to expand its integrated product offerings, strengthen the customer experience, and grow its sales and marketing organization.
  • "Our vision was to build a complete, unified software solution to run EMS operations and make it easier for EMS agencies to save lives.
  • Stewart Lynn, Partner at Serent Capital, shared why Serent was excited to invest in Traumasoft: "From our thematic work in the EMS market, we knew Traumasoft by reputation and developed a great respect for the quality of their product and their commitment to their customers.

Serent Capital Expands Partner Group with Two Key Promotions

Retrieved on: 
Wednesday, March 6, 2024

Serent Capital, a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies, announced today the promotions of John Caselli and Dexter Hopen to Partner, expanding the partnership to six members.

Key Points: 
  • Serent Capital, a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies, announced today the promotions of John Caselli and Dexter Hopen to Partner, expanding the partnership to six members.
  • Since joining Serent as Associates in 2013, John and Dexter have been instrumental to Serent's success.
  • John has demonstrated leadership both in his investing activities and in his role in building the firm.
  • Each has distinguished themselves in their proficiency at connecting with Founders to consummate terrific investments, and then working with management teams to help build Category Leading Companies,” said Kevin Frick, Partner at Serent Capital.

Serent Capital Named a BluWave 2024 Top Private Equity Innovator

Retrieved on: 
Wednesday, February 21, 2024

Serent Capital , a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies, announced today it has been recognized by BluWave as a Top Private Equity Innovator*.

Key Points: 
  • Serent Capital , a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies, announced today it has been recognized by BluWave as a Top Private Equity Innovator*.
  • The award recognizes the top 2% of private equity firms operating in 2023 that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations, and corporate citizenship practices.
  • "We're humbled to be named a Top Private Equity Innovator by BluWave," said Prital Kadakia, Partner at Serent.
  • "The 2024 top private equity innovators are providing differential leadership in the world of business," said Sean Mooney, founder and CEO of BluWave.

David Whitley Joins Dyad Board of Directors

Retrieved on: 
Tuesday, January 23, 2024

BOSTON, Jan. 23, 2024 /PRNewswire/ -- Dyad, a leading provider of insurance software and services backed by Serent Capital, announced today that David Whitley, Operating Product and Technology Director at Serent Capital, has joined its board of directors.

Key Points: 
  • BOSTON, Jan. 23, 2024 /PRNewswire/ -- Dyad , a leading provider of insurance software and services backed by Serent Capital , announced today that David Whitley, Operating Product and Technology Director at Serent Capital, has joined its board of directors.
  • "Dyad is at the forefront of innovation,.." said David Whitley, Operating Product and Tech.
  • Whitley joins Kevin Frick, Co-Founder and Partner at Serent Capital; Robert Donze, Vice President at Serent Capital; Jeffrey Glazer, Executive Chairman; and Lani Cathey, CEO of Dyad, on the board.
  • "David Whitley brings deep insurance industry experience and extensive cross-industry product and technology perspective to Dyad," stated Lani Cathey, CEO of Dyad.

Serent-Backed ParentSquare Acquires Remind to Increase Student Success Through Expanded Communications Platform

Retrieved on: 
Friday, December 1, 2023

Serent-backed ParentSquare, an award-winning school-home engagement platform for K12 education, has announced its acquisition of Remind, a widely-used communications platform that focuses on connecting educators with students and families.

Key Points: 
  • Serent-backed ParentSquare, an award-winning school-home engagement platform for K12 education, has announced its acquisition of Remind, a widely-used communications platform that focuses on connecting educators with students and families.
  • The unified, mulipurpose platform includes mass notifications, classroom communications, school websites, and other communication-based services, all supported by visual dashboards.
  • Following the investment from Serent, ParentSquare acquired Gabbart Communications, a company specializing in website and content management.
  • “This is a transformational next step for ParentSquare that reinforces the shared mission of both companies to foster student success.

Serent Capital Named to Inc.’s 2023 List of Founder-Friendly Investors for Fifth Consecutive Year

Retrieved on: 
Tuesday, October 31, 2023

Serent Capital , a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies, announced today it has been recognized on Inc.'s Founder-Friendly Investors list for the fifth consecutive year.

Key Points: 
  • Serent Capital , a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies, announced today it has been recognized on Inc.'s Founder-Friendly Investors list for the fifth consecutive year.
  • The list honors the private equity and venture capital firms with the best track records of success backing entrepreneurs.
  • We're not just investors; we're partners, committed to helping the companies scale successfully," said Stewart Lynn, Partner at Serent Capital.
  • To compile the list, Inc. went straight to the source: entrepreneurs who have sold to private equity and venture capital firms.

Comvest Credit Partners Provides Financing to Support Acquisition of I-Engineering by XDimensional Technologies

Retrieved on: 
Tuesday, August 1, 2023

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent and Sole Lender on a $42.5 million senior secured credit facility (the “Financing”) for XDimensional Technologies, Inc. (“XDTI,” or the “Company”), a Brea, Calif.-based provider of insurance technology backed by private equity firm Serent Capital.

Key Points: 
  • Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent and Sole Lender on a $42.5 million senior secured credit facility (the “Financing”) for XDimensional Technologies, Inc. (“XDTI,” or the “Company”), a Brea, Calif.-based provider of insurance technology backed by private equity firm Serent Capital.
  • The Financing was used to refinance existing debt and fund XDTI’s acquisition of I-Engineering, Inc., a Shelton, Conn.-based insurance software firm.
  • The companies provide complementary insurance technology software with a broad range of applications that support the core business operations of customers.
  • “Comvest was pleased to structure a tailored financing package to support a key strategic acquisition by XDTI.”
    “XDTI marks Serent’s second transaction with Comvest, and we look forward to continuing to grow our relationship with the Comvest team,” said Kevin Frick, Partner at Serent Capital.

Davisware Names Tasos Angelopoulos Chief Executive Officer

Retrieved on: 
Tuesday, July 18, 2023

Davisware , a leading provider of cloud-based software for commercial field service companies, is proud to announce it has appointed Tasos Angelopoulos as Chief Executive Officer (CEO).

Key Points: 
  • Davisware , a leading provider of cloud-based software for commercial field service companies, is proud to announce it has appointed Tasos Angelopoulos as Chief Executive Officer (CEO).
  • Tasos brings deep expertise in the field services industry and more than a decade of executive leadership and operational experience to Davisware.
  • Most recently, Tasos was the Chief Operating Officer (COO) at Davisware.
  • I look forward to watching Davisware, Tasos, the Davisware team, and our customers succeed together."

XDimensional Technologies Acquires I-Engineering

Retrieved on: 
Thursday, June 15, 2023

BOSTON, June 15, 2023 /PRNewswire/ -- XDimensional Technologies, Inc. (XDTI), a leading insurance technology provider backed by Serent Capital, announced today its acquisition of Shelton, CT-based insurance software firm I-Engineering. The combined talent, experience, and products of the organizations will enable both organizations to deliver more value to existing and new customers while increasing the strength of their implementation, support, product, and technology teams. XDTI will bring the companies together to serve the market.

Key Points: 
  • BOSTON, June 15, 2023 /PRNewswire/ -- XDimensional Technologies, Inc. (XDTI) , a leading insurance technology provider backed by Serent Capital, announced today its acquisition of Shelton, CT-based insurance software firm I-Engineering.
  • The companies offer complementary products and services that address the needs of retail agencies, wholesalers, MGAs, program administrators, and carriers.
  • With the acquisition, XDTI will be able to enhance its capabilities to address the growing MGA space.
  • Lincoln International served as the sole financial advisor to Serent Capital and XDTI in its acquisition of I-Engineering.