KKR Leads Financing for Harvest Partners� Growth Investment in Med-Metrix
The Company's management team, led by CEO Joseph Davi, will continue to lead Med-Metrix and remain significant owners of the business. Med-Metrix's prior owner, A&M Capital (“AMC�), will retain a minority stake in the Company and invest additional capital as part of the transaction.
Founded in 2010 and based in
Credit funds and accounts managed by KKR originally served as the sole lenders in the financing for AMC’s acquisition of Med-Metrix in 2021.
“Our long-standing relationships with Med-Metrix, Harvest, and AMC allowed us to move quickly and with conviction to seamlessly deliver a scaled solution for this transaction,� said Alexander Foreman, a Managing Director at KKR. “We are pleased to further deepen our commitment to Med-Metrix as part of this milestone growth investment, which serves a testament to the remarkable success of Joe and the entire team in expanding the Company’s reach and building out its comprehensive suite of offerings to serve even more healthcare systems and providers across the country.�
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at . For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at .
About Med-Metrix
Med-Metrix is a leading technology-enabled services platform providing RCM and Business Intelligence ("BI") solutions for health systems and physician groups across
About Harvest Partners
Founded in 1981, Harvest Partners is an established private equity firm with over 40 years of experience investing in middle-market companies and partnering with high-quality management teams to build growing businesses. For more information, please visit www.harvestpartners.com.
About A&M Capital
A&M Capital is a multi-strategy private equity investment firm with over
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Lauren McCranie
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Source: KKR