RevPoint

RevPoint

Company Overview

Provides a fully-integrated, front-end revenue cycle solution that enables health providers to collect patient financial responsibility portion of the cost of the procedure at the point of service.

Delivers revenue cycle and related business solutions for healthcare professionals.

Situational Overview

Shareholders had been in the Company for ten years and some shareholders wanted liquidity.

Had recently completed restructuring initiatives including key management changes, complete redesign of the technology solution and extending contract lengths.

Scarcity of front-end revenue cycle solutions combined with industry dynamics driving higher patient self-pay created premium valuations within the sector.

Early shareholders desired liquidity and were interested in pursuing strategic alternatives including a majority recapitalization and full sale.

BCA Strategy

BCA targeted a select group of HCIT-focused private equity firms and strategic buyers

BCA assisted management in preparing investment materials that highlighted the company’s strong competitive position, scalable business model, recurring revenue and integrated SaaS technology offering.

Transaction Result

After evaluating multiple alternatives, RevPoint opted to sell to Availity, one of the nation’s leading health information networks.

Shareholders achieved 100% of their valuation and liquidity objectives through a complete sale of the business.

Even through the transaction occurred at the higher end of the valuation expectations, BCA was able to successfully structure an earn-out that would provide an additional 10% in value if the Company met certain post-closing performance objectives.

Sell-Side Advisory to
Undisclosed

“Brentwood Capital Advisors, our investment banking advisor, played an important role and conducted a highly-competitive process that generated a great outcome for RevPoint's shareholders. We have a very trusting relationship and benefitted enormously from Brentwood Capital Advisors' expertise and commitment to our success."

Hal Andrews
CEO RevPoint Health Technologies