Project Description


Prairie Capital Fund VI

Location Greer, SC
Transaction Type Growth Buyout with Founder and Management
Investment Date February 2020

Provider of electronic medical records and practice management solutions for opioid use disorder treatment providers

Industry Healthcare, Technology

Investment Rationale

  • Partnership with founders and management team
  • Supportive macro trends and industry tailwinds
  • Purpose-built solution with market-leading functionality, customer support and overall share
  • Strong recurring revenue with high renewal rates

Value Add

  • Human Capital
  • Sales & Marketing
  • Technology
  • New Products
  • Add-on Acquisitions

During our process, we had several offers that were virtually identical economically. We chose Prairie because we felt that they shared our vision for the business and would be a true partner to us. From the very beginning of our partnership in February 2020, the Prairie team has proven that they were the correct choice. Their expertise compliments our knowledge gaps. They respect our insight into the company we have built over the last 25 years. We feel strongly that the Prairie team will continue to provide new opportunities for our company to continue to grow with mutual respect, enthusiasm and thoughtful insight.

Mark Essex, Founder and CEO