LOS ANGELES, July 24, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired eHealth Solutions, Inc. (“SigmaCare”), a leading provider of integrated clinical software solutions to the long-term and post-acute care (“LTPAC”) market. SigmaCare develops and markets point-of-care solutions that enable physicians, nurses and other medical professionals to improve treatment outcomes, avert preventable medication errors and reduce administrative burden. SigmaCare’s capabilities include computerized physician order entry, medication management and electronic health records, spanning the entire clinical spectrum and helping LTPAC facilities accomplish their ultimate goal of improving patient outcomes.
“The investment from Marlin Equity Partners will allow SigmaCare to expand our nationwide presence, accelerate product innovation and strengthen interoperability initiatives,” said Steve Pacicco, CEO of SigmaCare.
“Marlin’s broad resources and healthcare IT expertise make them the right partner to help SigmaCare address the rapidly changing needs of our customers and the market.” “Marlin is committed to building on SigmaCare’s long-standing customer relationships. This investment reflects our confidence in SigmaCare’s technology, services and management team,” added Jim Brady, Healthcare Operating Partner at Marlin. “With the new funding, SigmaCare is poised to become the national leader in the long-term and post-acute care technology market.”
George Kase, a partner at Marlin, added, “The long-term care market is severely underserved from an IT perspective. We are excited to leverage SigmaCare’s differentiated value proposition to capitalize on this enormous market opportunity.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $2.6 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 65 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
SigmaCare® develops and markets innovative, best-in-class clinical solutions that lower risk, reduce rehospitalizations, decrease costs and increase reimbursement for long-term and post-acute care facilities. SigmaCare solutions automate the complete clinical workflow, deliver clinical decision support, integrate with third-party providers and improve coordination with other care settings. SigmaCare’s hands-on professional services drive adoption and a rapid return on investment with a proven implementation methodology and consulting services. For more information, please visit www.sigmacare.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at firstname.lastname@example.org.