Hellman & Friedman has made a minority investment in Dragoneer Investment Group and JMI Equity-backed Pointclickcare Technologies. Healthcare technology company Pointclickcare is also receiving an increased investment from Dragoneer.
Hellman partner Sameer Narang joins the Pointclickcare board of directors. “H&F is thrilled to join Pointclickcare’s investor base. We believe there is significant growth opportunity ahead given the company’s exceptional customer relationships, strong product suite and leading market position in the post-acute ecosystem,” says Narang. “Pointclickcare sits at the intersection of our healthcare and software investment efforts, exhibiting all the compelling characteristics we seek out when investing in vertical-market category leaders.”
UBS Investment Bank is providing financial advisory services and Goodwin Procter LLP is providing legal advisory services to Pointclickcare. Evercore is providing financial advisory services to JMI.