Bregal Sagemount Injects Growth Capital to Accelerate Accela’s Civic Engagement Solutions and Civic Cloud Adoption -- Accela, Inc., the leading provider of civic engagement solutions for government agencies, today announced that it has closed $40 million in funding to accelerate growth and make strategic acquisitions. The investment was led by Bregal Sagemount, a New York‐based growth equity fund, which joined existing investors in supporting Accela’s mission to create better government through civic engagement. “This funding

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Transaction values the company at close to $200 million. -- Network Merchants, LLC (d/b/a “Network Merchants Inc.,” or “NMI”), a leading provider of e-commerce payment gateways and value-added services, announced today that Bregal Sagemount has made a significant growth investment in the company. The existing management team, led by Chief Executive Officer Jim McKenzie, will continue to run the business. Network Merchants provides a comprehensive suite of gateway and security features, distributed exclusively through a

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Bregal Sagemount, a growth-focused private equity fund, today announced that it has acquired NETRADA North America (“NNA”, formerly known as FillTek) in partnership with the company’s management team. NNA, a leading end-to-end e- commerce solutions provider, was previously the North American division of NETRADA Holding GmbH (“NETRADA Europe” or “NEU”). NNA is poised to take advantage of the rapid growth in e-commerce as consumers increasingly shift spending online and high-growth brands drive more volume through

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Investment accelerates positioning of Jiva, ZeOmega’s care management software for providers -- ZeOmega Inc., the premier provider of software solutions for population healthcare management, today announced that it successfully closed a $21.5 million growth equity financing. This minority round was led by Bregal Sagemount, a growth-focused private equity fund, with participation from ZeOmega’s existing investors BlueCross BlueShield Venture Partners, L.P. and Sandbox Industries. As part of the financing, Phil Yates, founding partner at Bregal Sagemount,

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Adreima, a national provider of clinically-integrated revenue cycle services, and Optimum Outcomes, a national provider of patient-focused account resolution services, today announced a merger of the two companies. With a full suite of solutions that includes eligibility and registration staffing; clinical audit and denial prevention; and receivables management and self-pay/bad debt account resolution, Adreima and Optimum Outcomes help healthcare providers solve complex revenue cycle challenges. The combined business has 1,100 dedicated employees, including 200 specialized

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The leading provider of revenue cycle services and Proper Payments solutions for the healthcare industry announces round of institutional funding to accelerate growth. -- Recondo Technology today announced the company has received a $20 million growth investment from Bregal Sagemount. The investment will enable Recondo® to accelerate its already impressive organic growth rate, enhance its customer support teams, and complete strategic acquisitions. Phil Yates, a founding Partner of Bregal Sagemount, and Pavan Tripathi, Senior Associate,

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Investment to fuel continued growth of established market leader -- MicroEdge, LLC, the leading provider of solutions to the giving community worldwide, today announced the company has received a minority investment from Bregal Sagemount. Existing investors Vista Equity Partners and the MicroEdge management team, led by Chief Executive Officer Preston McKenzie, will retain majority ownership. Daniel Kim, a Partner and Co-founder of Bregal Sagemount, and Adam Fuller, a Vice President and Co-founder of Bregal Sagemount,

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