Health Care

Sheridan Capital Partners has announced an investment in National Care Systems (NCS).

NCS, founded in 1992 and based in Brooklyn, New York, is a provider of revenue cycle management software serving skilled nursing facilities and assisted living facilities across the United States.

Sheridan, founded in 2012 and based in Chicago, is healthcare-focused firm

LLR Partners has announced the close of a new fund.

The fund — LLR Equity Partners VII — closed at $2.45 billion.

LLR, founded in 1999 and based in Philadelphia, makes majority and minority investments in lower middle market technology and healthcare businesses. Within healthcare, the firm pursues investments in healthcare IT, outsourced healthcare

New Mountain Capital has completed a strategic investment in SmarterDx, according to a news release.

SmarterDx, founded in 2020 and based in New York, develops clinical artificial intelligence focused on revenue integrity and care quality.

New Mountain, based in New York, is a growth-oriented investment firm. Founded in 1999, the firm manages private

Ampersand Capital Partners has invested in Lexington Medical, according to a news release.

Lexington, founded in 2013 and based in Bedford, Massachusetts, is a developer of surgical stapling solutions.

Ampersand, founded in 1988 and based in Wellesley, Massachusetts, is a middle market private equity firm with a focus on growth equity investments in