Consolo Services Group, a leading provider of fully-integrated, SaaS-based health IT solutions for the hospice and palliative care industry, announced today that it has completed a $12.6 Million financing through private equity firm Bluff Point Associates.
Since launching the company in March 2004, Consolo has become a leading player in the EHR and Revenue Cycle Management segment of the hospice and palliative care markets. Consolo's integrated clinical (EHR) and financial (RCM) offering has been immediately embraced by hospices and palliative care providers looking for an affordable, cloudbased solution that is easy to use and resides on a single database. "We're thrilled that Bluff Point Associates believes in our growth potential as much as we do," said Greg Kite, CEO of Consolo. "We see tremendous interest and excitement among hospices, palliative care and healthcare systems for our single-instance multi-tenant database, enterprise solution in the cloud. The availability of this funding will allow us to capitalize on the market opportunity and keep us on track with our product development strategy. Additionally, we will fill vital sales and support roles that will bolster our growing share of the market." All of Consolo's management team and experienced staff will remain with the business in their current roles. As part of the transaction, Bluff Point Associates Managing Director Kevin Fahey will join the Consolo Services Group Board of Directors. "We are very excited to partner with Greg and the Consolo team to enhance its existing growth opportunities, but at the same time utilize their single database SaaS platform to extend into other post-acute care markets. We believe Consolo has an exceptional opportunity to disrupt the post-acute care space." he said. About Generational Capital Markets, Inc.
GCM is a member of FINRA/SIPC and focuses on mid-market M&A across the United States and Canada and represented Consolo Services Group on an exclusive basis. Brenen Hofstadter stated "Consolo operates at the intersection of healthcare and Software as a Service. That helped us generate significant interest from large Industry concerns and private investment groups with holdings in the space. The Bluff Point team operates with integrity and we were pleased to have found the right partner for our client." Julio Dominguez assisted Brenen with the transaction. Further terms were not disclosed.
The information we learn from customers helps us personalize and continually improve your experience at gencm.com. Here are the types of information we gather.
Information You Give Us: We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice. Our computer system protects personal information using advanced firewall technology.
Information from Other Sources: For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Capital Markets LLC may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Capital Markets, L.L.C. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Capital Markets LLC at is office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
INFORMATION ON THIS WEB SITE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Capital Markets may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Capital Markets does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Capital Markets will be deemed NOT to be confidential. By sending Generational Capital Markets any information or material, you grant Generational Capital Markets an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Capital Markets is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Information Generational Capital Markets publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Capital Markets intends to announce such products, programs or services in your country. Consult a Generational Capital Markets representative for information regarding the products, programs and services which may be available to you.
Generational Capital Markets makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Capital Markets web site, please understand that it is independent from Generational Capital Markets, and that Generational Capital Markets has no control over the content on that web site. In addition, a link to a non-Generational Capital Markets web site does not mean that Generational Capital Markets endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Capital Markets BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Capital Markets.
Honored to win Investment Banking Firm of the Year 3 years running.
Over 50 awards and counting.
Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team
Success, you have been added to our list.