TAMPA,
Fla., April 18, 2024 /PRNewswire/ -- Hyde
Park Capital announced today that its client, Accuhealth
Technologies ("Accuhealth"), a leading healthcare technology
company with a focus on remote patient monitoring and chronic care
management solutions, has received a growth investment
from Sunstone Partners ("Sunstone"), a leading growth-oriented
private equity firm focused on tech-enabled services and software
companies. Hyde Park Capital served as the exclusive investment
banker to Accuhealth for this transaction. Bush Ross served as
legal counsel to Accuhealth.
Stephen Samson, CEO and
Co-Founder of Accuhealth, expressed his excitement about the
acquisition, stating, "Teaming up with Sunstone Partners represents
a significant progression for Accuhealth. We take great pride in
the substantial influence our solutions have exerted on enhancing
patient care. Leveraging Sunstone's strategic acumen, our top-tier
technology, and unmatched patient care, we are poised to expedite
our growth in this arena".
Bob Deveros, CFO and Co-Founder of Accuhealth, added, "We are
greatly appreciative of the guidance provided by the team at Hyde
Park Capital. Their expertise and dedication were instrumental in
facilitating this transaction, which marks a pivotal moment in our
Company's journey".
Ankur Rathi, Partner at Sunstone,
also said, "We are excited to partner with Accuhealth. With their
innovative and customer-centric solutions, Accuhealth is empowering
physicians to deliver superior care and improve patient outcomes.
We look forward to this next phase of growth with the Accuhealth
team".
Chris Fieschko, Director at Hyde
Park Capital, reflected on the transaction: "It has been a
privilege to advise Accuhealth throughout this process. The
combination of Accuhealth's deep experience in the remote patient
monitoring and chronic care management sectors, alongside
Sunstone's deep expertise in healthcare technology, creates an
exciting opportunity for growth and innovation in the healthcare
landscape."
About Accuhealth
Accuhealth, a distinguished Healthcare Technology company, is at
the forefront of innovation in RPM and CCM. Pioneering the first
Healthcare Operations Center for remote patient monitoring,
Accuhealth's solution revolutionizes primary physician care both
within clinical settings and the comfort of patients' homes. With
seamless access to real-time vital information, physicians can
enhance patient outcomes, elevate satisfaction levels, and reduce
overall healthcare costs.
The RPM system simplifies the healthcare process for providers
and patients alike. By providing instant access to critical
information, Accuhealth empowers healthcare professionals and
patients to proactively manage health outcomes in real time,
ensuring a higher standard of care and improved well-being. Read
more about Accuhealth here:
https://www.accuhealth.tech/about-us
About Sunstone Partners
Sunstone Partners is a growth-oriented equity firm that makes
majority and minority investments in technology-enabled services
and software businesses. The firm seeks to partner with exceptional
management teams, often as their first institutional capital
partner, to help accelerate organic growth and fund acquisitions.
Founded in 2015, the firm has $1.7
billion of committed capital to its three funds. Sunstone
Partners has been recognized as one of Inc. magazine's
"Founder-Friendly Investors" list in 2020, 2021, and 2022. Read
more about Sunstone here: https://sunstonepartners.com/
About Hyde Park Capital
Hyde Park Capital is an institutionally focused boutique
investment banking firm specializing in mergers and acquisitions
and focusing on serving the corporate finance needs of successful
founder and family-owned companies. Hyde
Park's principals have extensive investment banking
experience managing merger and acquisition engagements, including
executing sell-side and buy-side sale of company assignments,
recapitalizations, financial advisory services, fairness opinions,
and raising growth capital and acquisition financing for companies,
including equity, mezzanine, and senior debt. Hyde Park Capital has
extensive experience across numerous industry sectors, including
industrial, technology, healthcare, business, and financial
services. Hyde Park Capital is headquartered in Tampa, Florida, and is a member of FINRA and
SIPC. Hyde Park Capital is also a member of the Geneva Capital
Group (GCG) International M&A Alliance (see www.gcg.com). For
additional information, please visit www.hydeparkcapital.com.
Media Contacts:
Christopher Fieschko
Hyde Park Capital
fieschko@hydeparkcapital.com
813-383-0202
View original content to download
multimedia:https://www.prnewswire.com/news-releases/hyde-park-capital-advises-accuhealth-on-growth-investment-from-sunstone-partners-302121439.html
SOURCE Hyde Park Capital