CHARLOTTE – Technology Partners, LLC, doing business as ImagineSoftwareTM has received a strategic growth investment from Marlin Equity Partners, according to a statement released this week by the company.
The funding will enable the company to expand its growth and its team, and the company’s current investor, Mountaingate Capital, will exit the company, it said.
“We are proud of the leading platform and dynamic, entrepreneurial culture we have built at Imagine and are eager to capture the significant market opportunity ahead of us,” said Sam Khashman, Founder and CEO of ImagineSoftware, in a statement. “We are excited to partner with Marlin for the next phase of our evolution and growth, and with their support, remain focused on preserving our recognition as an industry leader in developing software capabilities that streamline the medical billing process for our clients and their patients.”
The management team will remain, the company said.
“The ImagineSoftware team has built a strong reputation as a revenue cycle management platform of choice for both small and large hospital-based providers,” said Alex Beregovsky, a managing director at Marlin. “ImagineSoftware brings the right blend of innovative technology and subject-matter expertise to simplify the ecosystem and drive efficiency for providers and billing companies. Our partnership will support investments in key areas, while enabling the company to maintain its commitment to innovation and client success.”
Financial details of the transaction were not been disclosed.
