Revelstoke Capital Partners made a growth investment in DataLink Fund Solutions, which provides integrated health management applications. The investment is Revelstoke’s second investment in Revelstoke Capital Partners Fund II.
Revelstoke Capital Partners (“Revelstoke”), a Denver-based private equity firm, announced today a growth investment in DataLink Fund Solutions (“DataLink”), a leading provider of integrated population health management applications that help healthcare payors and providers improve quality, practice management, and care coordination in value-based care settings. DataLink marks Revelstoke’s second investment in its recently launched Revelstoke Capital Partners Fund II.
DataLink, through its core product CareBook, delivers a compelling ROI to customers by resolving gaps in patient care while improving quality performance metrics, including Star Ratings and HEDIS scores. DataLink’s complete population health management platform promotes the collaboration of multiple stakeholders across the care continuum, providing a real-time, holistic view of the entire spectrum of patient data, allowing providers to make more accurate diagnoses.
“After a multi-year outbound search in population health, we’re pleased to identify a best-in-breed SaaS solution for payors and providers in the Medicare Advantage space. We are very excited to partner with the company’s impressive management team, led by founder and CEO Kevin Steele,” said Russell Cassella, Managing Partner at Revelstoke.
“DataLink serves as the last mile connection between healthcare providers, payors, and patients. This complete circle of support transforms care delivery and enables patients to be more actively involved in their own care,” said Arion Robbins, Principal at Revelstoke.
“The strategic and healthcare expertise that Revelstoke brings to our team will enable us to accelerate our growth while maintaining the highest level of service for our clients and the patients they serve,” remarked Kevin Steele, founder and CEO of DataLink.
McGuireWoods LLP acted as legal counsel to Revelstoke while Holland & Knight acted as legal counsel to DataLink.
DataLink’s complete population health management platform is built around being a “one stop shop” that breaks through the communication barriers present at all levels of the healthcare industry, delivering total clinical control and insight to payors, managed service organizations, and medical practices while adding efficiency and improving patient outcomes. www.datalinksoftware.com
Revelstoke is a private equity firm formed by experienced investors who focus on building industry-leading companies in the healthcare and related business services sectors. Revelstoke partners with entrepreneurs and management teams to execute on a disciplined organic and acquisition growth strategy to build exceptional companies. Since the firm’s inception in mid-2013, Revelstoke has raised approximately $1.2 billion of equity and has completed 46 acquisitions, which includes 13 platform companies and 33 add-on acquisitions. www.revelstokecp.com