ABRY Partners Recaps HealthTran

ABRY Partners has sponsored a minority recap of HealthTran LLC, a Greenwood Village, Colo.-based provider of healthcare transaction management IT solutions. No financial terms were disclosed. SDR Ventures advised HealthTran on the deal.


SDR Ventures, Inc. is pleased to announce a minority recapitalization of HealthTran, LLC d/b/a HealthTrans with equity capital provided by ABRY Partners. SDR Ventures served as the exclusive financial advisor to HealthTrans in arranging the financing.

Headquartered in Greenwood Village, CO, HealthTrans provides information technology solutions to deliver a wide range of healthcare transaction management services to more effectively manage pharmacy and medical expenditures. Through this transaction, HealthTrans raised equity capital to fund organic growth and future acquisitions in the healthcare management solutions industry.

Jack McClurg, CEO of HealthTrans, stated, “From our early beginnings, profitable acquisitions have always been part of our strategic growth plan. We are excited about the opportunities our new partnership with ABRY provides us. In a dynamic and constantly changing industry, nimbleness is key. The combination of ABRY’s financial strength with the depth of our management team ensures our ability to grow quickly.”

ABRY Partners is a private equity investment firm focused on media, communications, business and information services investments. Brent Stone, principal at ABRY, stated, “HealthTrans is a great company with a strong history of growth and we believe this partnership will greatly enhance that growth curve. We appreciate SDR Ventures’ professional handling of the transaction.” Lou Hutchinson, co-founder of HealthTrans, stated, “This transaction is key for HealthTrans’ accelerated growth. SDR Ventures has been one of HealthTrans’ trusted advisors for many years. SDR Ventures has never failed to deliver results for us.”

SDR Ventures is a Denver, CO based investment bank specializing in mergers and acquisitions, private placements of debt / equity and strategic advisory services for the privately-held marketplace. SDR Ventures has transaction and funding experience with middle-market companies in the Healthcare, Business Services, Manufacturing and Distribution industries. Client results may not be representative of the experience of others and is no guarantee of future performance or success. More information can be found at www.sdrventures.com.