Symplr, an enterprise healthcare operations company offering governance, risk management, and compliance software services, backed by Clearlake Capital Group LP and Charlesbank Capital Partners LLC, has acquired SpinFusion. SpinFusion, a healthcare scheduling software provider with a focus on physician scheduling, will join Symplr’s portfolio of workforce management offerings .
“Adding SpinFusion to our growing workforce management portfolio is particularly important given today’s challenging healthcare environment,” said BJ Schaknowski, CEO of Symplr. “Physician demand far exceeds supply and optimal staffing logistics are essential to an organization’s bottom line. SpinFusion’s web and mobile staffing solutions enable physician schedules to be easily managed and viewed in real time for maximum productivity.”
“The release of our fifth-generation staffing logistics platform this year was built on our nearly two decades of experience and is positioned for a market paradigm shift. We are thrilled to join Symplr, a true juggernaut in the healthcare technology space,” said Matt Mendez, founder of SpinFusion. “Together, this combination creates a new class-leading option for healthcare enterprises. Finally, the patchwork quilt of inadequate technology can be replaced by one optimized platform with two equally important goals: better operations, better outcomes.”
“This strategic acquisition marks another milestone for Symplr as SpinFusion provides highly complementary provider scheduling software, expanding the company’s workforce management portfolio and staffing capabilities,” said Paul Huber, principal, and Sean Courtney, vice president, of Clearlake. “The addition of SpinFusion reinforces Symplr’s position as a healthcare GRC software leader, and we look forward to supporting the company as it continues driving industry consolidation and accelerating organic growth.”
“The SpinFusion acquisition further demonstrates Symplr’s ability to execute on its accretive acquisition strategy,” said Mike McGuire, senior vice president of Charlesbank. “We are excited about the prospects for the combined company and, following the closing of our investment, look forward to working with Symplr’s team as it broadens its capabilities and continues to find new ways to deliver greater value to its customers.”
The acquisition of SpinFusion represents Symplr’s thirteenth acquisition in the past six years, and its eighth under sponsorship from Clearlake since November 2018. In July, Symplr added healthcare talent acquisition software provider HealthcareSource to its workforce management portfolio.
Sidley Austin LLP is representing Symplr and Clearlake Capital Group.