SOUTHLAKE, Texas, March 10, 2023 /PRNewswire/ — Gauge Cash (“Gauge”) announced that it has partnered with the founders and administration crew of Streamline Healthcare Answers (www.streamlinehealthcare.com) (“Streamline” or the “Company”) to offer advancement funds and recapitalize the Company. Founded in 2003 and headquartered in Oak Brook, IL, Streamline is a primary supplier of digital wellness report (“EHR”) program mainly serving behavioral health and fitness vendors and condition and neighborhood departments of health and fitness. The Company’s net-centered SmartCare system makes it possible for disparate behavioral health and fitness stakeholders to share and deal with information in a unified software package system. The Company serves a wide variety of behavioral wellbeing stop-markets which include mental wellness, compound abuse, and developmental disability.
“We glimpse ahead to partnering with Gauge and are fired up about the resources they include to Streamline. As we put together for significant expansion opportunities in the sector, we are on the lookout forward to the aid offered from an investment decision spouse with health care and engineering abilities. Gauge’s expansion financial commitment in the organization and monitor report will make it possible for us to accelerate our growth, even more make investments in our infrastructure, merchandise enhancement and execution capabilities and expand the assistance featuring to much better provide shoppers and empower them to improve care” claimed Co-Founder and CEO Javed Husain. “The Gauge crew understands Streamline’s eyesight for the upcoming and embraces our determination to elevating the regular of behavioral healthcare supply.”
“A forward-considering approach to quality scientific treatment has always been the driver for Streamline’s software package architecture enhancement. With Gauge’s aid, area knowledge, and dedication to working with founders, we are very self-assured about the future techniques in Streamline’s progress and look ahead to currently being a aspect of that progress” claimed David Ryland, Co-Founder of Streamline.
David Friedman, Lover at Gauge Capital included, “Javed, David and the overall Streamline management crew have constructed an impressive solution that we are assured can aid customers reach the Firm’s mission to substantially elevate the conventional of behavioral health care in the United States. Streamline’s determination to quality and innovation is mirrored in their successes to day, and we look ahead to partnering with the group to further make investments in the business, improve our answer for customers and accelerate our shared vision for expansion.”
As part of the expenditure, David Friedman, Stan Dennis, Sam Smith, and Colin Santoro from Gauge Cash have joined the Company’s Board of Administrators.
About Gauge Capital (www.gaugecapital.com)
Gauge Money is a top center-industry non-public fairness company primarily based in Southlake, Texas. Gauge invests in five key sectors: business enterprise solutions, food & consumer, government & industrial providers, health care, and know-how. The Business manages additional than $2. billion in funds and in 2020, 2021 and 2022, Inc. Journal named Gauge just one of the top rated private equity corporations for founders. In 2021, 2022, and 2023 Gauge was also named to the Best 50 PE Firms in the Center Market place by Grady Campbell. In 2022, Gauge rated in the prime 5 out of 517 private fairness firms in the HEC Paris – DowJones Small-Cap Buyout Overall performance Rating. For a lot more info, please call Andrew Peix, Managing Director of Enterprise Growth at [email protected].
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