Woods Oviatt Gilman Assists Kayne Partners in $10.5 M Investment
Posted on September 07, 2016
Azalea Health Receives $10.5 Million in Series B Funding from Kayne Partners Fund
ATLANTA – July 14, 2016 – Azalea Health announced today that it has closed its $10.5 million Series B round of funding. The round was led by Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, L.P., an alternative investment firm managing over $22.5 billion in assets. Existing Azalea investor Intersouth Partners, a venture capital firm in Durham, NC, also participated in the round.
Azalea Health is a leading provider of fully integrated, technology-enabled healthcare solutions and Revenue Cycle Enhancement™ services for practices of all sizes and most specialties. "The additional capital allows us to rapidly advance organic growth and consolidate the market through acquisition," said Justin Pierce, Vice President of Sales.
To read the press release in its entirety, click on the link below: