Great Point Partners’ Sale of Equian

Maintaining an investment portfolio with portfolio companies primarily domiciled in the United States, Greenwich, Connecticut investment firm Great Point Partners (GPP) focuses primarily on health care companies. Among the firms Great Point Partners has invested in is Equian, which it sold in December 2015 to New Mountain Capital, LLC.

A leading payment integrity solutions provider that offers services to medical claims payers, Equian became a Great Point Partner's portfolio company in 2007. In the eight years that Great Point Partner's and Equian worked together, Equian achieved and exceeded the market positioning and corporate growth goals that its co-founders John Ansay and Russ Sherlock set for the firm.

In speaking about the sale that was achieved in December 2015 to New Mountain Capital, Great Point Partners’s principal Noah F. Rhodes III noted during GPP's investment period Equian had 11 add-on acquisitions and a strong annual earnings growth rate.

Equian's Growth and Sale

Founded in 2003, Great Point Partners is a healthcare investment firm with equity capital invested in healthcare companies in North America and Western Europe. With a team of 26 employees, Great Point Partners attempts to identify growing companies such as Equian and invests in them for growth.

Equian, a healthcare data service company that serves healthcare providers throughout the United States, ensures healthcare costs are paid accurately and at the lowest cost to the consumer. After receiving investment backing in 2007, the company has grown:

The attractive growth trajectory Equian underwent attracted other investors,and on December 18, 2015, the company was acquired by New Mountain Capital, LLC.