, /PRNewswire/ — Vesey Street Capital Partners, LLC (“VSCP”), a healthcare services private equity firm, announced that funds managed by VSCP have completed the acquisition of ComplexCare Solutions (“CCS” or the “Company”), a leading independent provider of health assessments and member engagement services to health plans. CCS was acquired in a carveout from Inovalon, a leading provider of cloud-based software solutions empowering data-driven healthcare, and represents the fifth carveout transaction completed by VSCP.
“We are thrilled to announce CCS as our first platform investment out of our Healthcare Fund II,” said Adam Feinstein, Managing Partner at VSCP. “CCS represents an excellent fit with our focus on key growth segments of healthcare services where we can leverage our industry expertise, deep network of executive relationships, and experience with corporate carveouts.”
CCS is a payor services platform investment for VSCP, with scaled operations serving a wide range of health plans and risk-bearing …