New Canaan Funding Closes Investment in InductiveHealth Informatics

January 24th, 2025 | Posted by Frank Vilece in Uncategorized

September 20, 2024 – New Canaan Funding Mezzanine VII SBIC, LP (“NCF VII SBIC”) provided financing to support the recapitalization of InductiveHealth Informatics, LLC (“IH” or the “Company”) by Diversis Capital (“Diversis”).  NCF provided debt as part of this recapitalization to support growth initiatives and accretive acquisitions.

IH, headquartered in Atlanta, Georgia, is a leading provider of disease surveillance solutions, delivering critical technology and services to state and federal public health agencies.  The Company’s highly recurring, technology-enabled services provide solutions for the collection of data on communicable diseases.  The collection of real-time healthcare data allows governments to identify, monitor, and respond to public health threats and outbreaks.

New Canaan Funding (“NCF”), with offices in Naples, Florida, New Canaan, Connecticut and Wheaton, Illinois, is a mezzanine firm focused on the middle market private sponsor community.  Since its beginnings in 1995, NCF has targeted acquisitions, recapitalizations and growth financings in conjunction with its private equity clients.  NCF is currently investing out of its seventh fund.  The investment in IH represents NCF VII SBIC’s fourteenth investment in the fund.  This financing represents the first investment with Diversis in NCF VII SBIC .

Diversis Capital is a Los Angeles based investment firm that backs owners and founders all over the world.  Since 2013, Diversis has invested primarily in software and technology-enabled organizations led by teams looking for a partner to help accelerate growth and create market leaders.  The team is currently investing out of a $680 million discretionary institutional fund and has raised over $1 billion in institutional capital across its fund vehicles.

Contact and additional information for Diversis Capital can be found at https://www.diversis.com/.

Contact at New Canaan Funding:

Brad Ament

bament@newcanaanfunding.com  630-690-7768

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