Cleveland, OH & Atlanta, GA – November 15, 2016 – Primus Capital (“Primus”) announced today that it has closed the sale of its portfolio company, Emmi Solutions (“Emmi”), a provider of technology-enabled patient engagement solutions for the healthcare industry, to Wolters Kluwer (AEX:WKL). Primus had been an investor in Emmi since acquiring the company in December 2012.
Phil Molner, Managing Partner of Primus, stated, “The Emmi management team has built the company into a leader in the dynamic, high-growth patient engagement technology market, serving customers throughout the healthcare industry. Emmi’s innovative solutions play a critical role in helping patients play a more active role in managing their healthcare, promoting improved outcomes and lower costs across a range of care settings. We congratulate the Emmi management team on their extraordinary success.”
Devin Gross, CEO of Emmi, commented, “I am excited to join forces with Wolters Kluwer, a combination that will allow Emmi to further extent our product leadership and build upon our vision of helping patients be active participants in their care. We appreciate the partnership we have had with the team at Primus in achieving the success of our company and reaching this important milestone. Since investing in Emmi, they have helped us identify strategic priorities, expand investment in an array of new products, enter new market segments, and build out our organization. They have been a true partner in helping us build our business.”
Primus is a growth-oriented private equity firm focused on investing in leading healthcare, software, and technology-enabled companies. Primus partners with exceptional management teams to accelerate growth, improve the operating performance, and increase the value of the companies in which they invest. Primus can pursue buyouts, control and minority recapitalizations, secondary share purchases and expansion financings; this flexible approach enables them to engage with business owners and design tailored investment structures to meet the particular needs of the transaction. For more about Primus, please visit http://www.primuscapital.com.
Emmi® delivers interactive patient engagement solutions by combining an intimate understanding of people with expertise in behavioral and educational science. Emmi’s integrated, web-based programs and automated call campaigns, designed through a rigorous development process and a human-centered approach, provide a scalable way for healthcare organizations to engage individuals to be participants and partners in their care, while improving operational and financial performance. Emmi creates empowered people, improved relationships and healthier populations. For more about Emmi, please visit http://www.emmisolutions.com.