VRA Partners Advises Navin, Haffty & Associates on its Sale to Providence Services Group
VRA Partners, LLC is pleased to announce the sale of Navin, Haffty & Associates, LLC ("Navin Haffty" or the "Company") to Providence Services Group, Inc. VRA Partners acted as the exclusive financial advisor to Navin Haffty. Terms of the transaction were not disclosed.
Founded in 2001, and headquartered in Westborough, Massachusetts, Navin Haffty is a leading MEDITECH electronic health record ("EHR") consulting services provider. Navin Haffty has long been recognized as the premier MEDITECH consulting services company, known for the most seasoned MEDITECH workforce in the industry, with a long-standing track record of success and a reputation for putting its clients first. As a result of the acquisition by PSG, the Company will join forces with Engage IT Services, Inc. ("Engage"), a leading provider of complete IT solutions for hospitals, such as EHR hosting and cloud backup, implementation, 24×7 service desk and full MEDITECH support. The combination of the two businesses will provide a truly unique, full-service offering to MEDITECH clients.
Engage IT Services, Inc. provides complete IT solutions for hospitals, such as EHR hosting and cloud backup, implementation, 24×7 service desk, and full MEDITECH support. As a premier MEDITECH collaborative solutions provider and READY-Certified firm, Engage helps their clients achieve the best EHR possible, providing them with the peace of mind and freedom needed to focus on the business of delivering the best care for their patients. Engage was recently awarded its fifth consecutive 5-star rating for EHR Hosting and is ranked #1 by KLAS for HIT Implementation (Large) and Go-Live Support.
VRA Partners, an independent Atlanta-based investment bank, focuses on providing M&A services to leading middle-market companies and private equity firms. VRA Partners also assists companies with raising capital for growth, acquisitions, recapitalization, going-private and management buy-out transactions, and provides fairness opinions, valuations and strategic advisory services. The professionals of VRA Partners have transaction experience across a broad range of industry sectors, including consumer and retail, business services, healthcare services and technology, industrial products and services, and technology and communications. VRA Partners, LLC is a Member FINRA/SIPC. For more information, please visit our website at www.vrapartners.com.
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Chris Reilly, Director - Originations