Arlington Capital Partners has acquired Ontario Systems, a provider of revenue cycle management and accounts receivable management solutions for the healthcare and outsourced accounts receivable management sectors. No financial terms were disclosed.
WASHINGTON–(BUSINESS WIRE)–Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, today announced the acquisition of Ontario Systems (“OS”). OS is a market leading provider of revenue cycle management (“RCM”) software and solutions to healthcare providers, outsourced RCM and accounts receivable management (“ARM”) firms, and government clients.
For more than 30 years, Ontario Systems has served healthcare providers and their business offices with software, technology and services that help access patients, streamline and optimize complex workflows, and accelerate revenue recovery. Ontario Systems’ customers include three of the top six health systems in the U.S., and nine of the ten largest RCM and ARM firms, with approximately 55,000 licensed users across more than 500 locations.
Matt Altman, a Partner at Arlington Capital said, “Ontario Systems’ software serves as the primary workflow engine for its customers’ mission-critical RCM and ARM activities. With its dual focus on both optimal performance and robust compliance, OS solutions have led the industry and driven strong growth at the Company. We look forward to partnering with the Ontario Systems team to support the Company’s strategic growth trajectory in the healthcare RCM, ARM and government verticals.”
“We are tremendously excited to be partnering with Arlington Capital as we enter the next phase of our growth,” said Ron Fauquher, Ontario’s Systems’ President and CEO. “With the relationships, strategic focus and significant capital that Arlington brings, we look forward to continuing to exceed our customers’ expectations by further enhancing our market-leading software and solutions.”
Malcolm Little, a Vice President at Arlington Capital, said, “Ontario Systems’ market strength has been built upon a long history of providing innovative, compliant solutions to its customers. As an established industry leader, OS is well positioned to continue to achieve above market growth.”
About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-based private equity firm that has managed $1.5 billion of committed capital via three investment funds and is focused on middle market investment opportunities in growth industries including: healthcare services, business services and software, government services and aerospace/defense. The firm’s professionals and network have a unique combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. www.arlingtoncap.com
About Ontario Systems
Ontario Systems, LLC is a leading provider of revenue cycle management and accounts receivable management solutions for the healthcare and outsourced accounts receivable management industries. Offering a full portfolio of software, services and business process expertise, Ontario Systems customers include three of the top six best health systems in the U.S. and nine of the ten largest accounts receivable management agencies, with approximately 55,000 licensed users in more than 500 locations.
To learn more about how Ontario Systems can help power up your receivables, visit OntarioSystems.com or firstname.lastname@example.org.