has been recapitalized by



Brightree is the leading provider
of cloud-based software for the
post-acute care industry.

The undersigned acted as financial advisor to Brightree in this Transaction

Brightree

Description

Brightree provides a suite of SaaS solutions for HME, Home Health, and Hospice providers.

Situation

The Company’s management team had grown the Company quickly since joining and investing in the Company several years ago. The original founders were ready for a liquidity event while the management team wanted to explore partnerships for continued growth. Croft & Bender led the Company through a process that included identifying potential partners, drafting the offering memorandum and related materials, marketing the Company, evaluating offers, selecting a partner, and negotiating the transaction.

Result

Croft & Bender ran a successful process in giving the Company multiple alternatives with several attractive partners. The Company was recapitalized with equity financing from Battery Ventures, a nationally-recognized private equity firm that brought capital and expertise in the software industry. C&B Capital also participated in the transaction.