Gauge Capital, a middle-market private equity firm based in Southlake, Texas, has made an investment in Streamline Healthcare Solutions to provide growth capital and recapitalize the company.
Founded in 2003 and headquartered in Oak Brook, Ill., Streamline offers electronic health record (EHR) software and primarily serves behavioral health providers and state and local departments of health. The company’s web-based SmartCare platform allow behavioral health stakeholders to share and manage information in a software service. Streamline serves a broad range of behavioral health end markets including mental health, substance abuse and developmental disability.
“Gauge’s growth investment in the business and track record will allow us to accelerate our growth, further invest in our infrastructure, product development and execution capabilities and expand the service offering to better serve customers and enable them to enhance care” states Javed Husain, Streamline co-founder and CEO.