September 9, 2020

RSource Receives Investment from Sunstone Partners

Brentwood Capital Advisors serves as exclusive financial advisor to RSource

Brentwood Capital Advisors (“BCA”) is pleased to announce that it served as the exclusive financial advisor to R. Smith International, LLC, d/b/a RSource (the “Company”) in its recently completed investment from Sunstone Partners (“Sunstone”).

Headquartered in Boca Raton, Florida, RSource provides specialty revenue cycle management (“RCM”) services that help hospitals and health systems to efficiently manage complex areas of the revenue cycle, including clinical denials, patient-involved denials and accident claims. Beyond these core offerings, RSource assists its customers with eligibility services, low-balance insurance recovery and legacy system conversions. The Company delivers industry-leading performance through the combination of a multidisciplinary approach and cross-functional expertise, driving measurable ROI for its clients across the country.

“This investment is a very exciting milestone for RSource. We are thrilled to partner with Sunstone Partners and to leverage their deep healthcare and operational experience to power us through our next phase of growth,” said Larry Reid & Robert Smith, Co-Founders of RSource. “We’ve had a longstanding relationship with BCA, who advised and guided us through every step of this process. We appreciate their excellent work and dedication to finding the right partner for our employees, partners and shareholders.”

“RSource’s seasoned leadership team, leading market position and accelerating growth, even in this challenging market, created a highly attractive opportunity,” added Porter Meadors, Director at BCA. “It was a pleasure representing RSource and we look forward to watching their continued success as a partner of Sunstone.”

About Brentwood Capital Advisors

Based in Franklin, Tennessee, Brentwood Capital Advisors is one of the South’s leading boutique investment banks, providing mergers and acquisitions and capital raising advice to privately-held, middle-market healthcare, technology and tech-enabled and outsourced services companies. BCA has served as exclusive financial advisor on transactions totaling over $6.8 billion in value in these sectors. Founded in 1999, the firm is partner-owned and has 24 investment banking professionals. For more information, please visit

About RSource

Founded in 2008, RSource helps major health systems and hospitals across the U.S. recover maximum dollars from all types of third party-payer claims. Specializing in denials, complex claims and RCM optimization, RSource deploys an experienced, tech-enabled team to customize receivables management solutions. RSource’s programs are designed to accelerate and maximize netback, enhance patient satisfaction, and provide actionable feedback to improve front-end processes. For more information, please visit

About Sunstone Partners

Sunstone Partners is a growth-oriented equity firm that makes majority and minority investments in technology-enabled services and software businesses. The firm seeks to partner with exceptional management teams, often as their first institutional capital partner, to help accelerate organic growth and fund acquisitions. Founded in 2015, the firm has $800 million of committed capital to its first two funds. For more information, visit

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