Welsh, Carson, Anderson & Stowe, a technology and healthcare-focused private equity firm, has made an equity investment in ImageTrend Inc., a software services provider in the public safety and healthcare communities.
ImageTrend delivers software services, data analytics and services to emergency medical services, hospitals, fire, mobile healthcare and community paramedicine, critical care, licensing, bill and revenue cycle management and emergency preparedness personnel. WCAS’s investment works to help drive growth, further product innovation and maintain the software and customer service that ImageTrend offers. The company looks to use the investment to create new services that will benefit the industries and clients ImageTrend serves.
“Given the increasing importance surrounding pre-hospital data access in improving patient outcomes across the healthcare continuum, we look forward to partnering with ImageTrend to continue the advancement of their vision to connect life’s most important data,” says Ed Sobol, WCAS general partner.
Baird acted as the financial advisor to ImageTrend. Kirkland & Ellis served as legal counsel and Shea & Co. served as financial advisor to WCAS.