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HIG Growth sells healthtech firm to Amulet

HIG Growth Partners, the dedicated growth capital investment affiliate of HIG Capital, has sold its portfolio company, Eruptr, a provider of technology-enabled digital marketing solutions and SaaS health risk assessments, to Amulet Capital Partners.

HIG Growth Partners (HIG Growth), the dedicated growth capital investment affiliate of HIG Capital, has sold its portfolio company, Eruptr, a provider of technology-enabled digital marketing solutions and SaaS health risk assessments, to Amulet Capital Partners (Amulet).

Founded in 2009, Eruptr provides a full suite of digital marketing, patient engagement, and customer acquisition solutions for more than 200 blue-chip hospitals and health systems across the country. 

HIG Growth made a strategic investment in Eruptr in September 2018, and partnered with management on numerous initiatives, including scaling the organisational infrastructure, enhancing the proprietary marketing technology platform, and broadening the product suite through two transformative add-on acquisitions. During the course of HIG’s investment, the company more than doubled its revenues and tripled its EBITDA.

Canaccord Genuity LLC served as financial advisor and Sidley Austin LLP served as legal counsel to Eruptr in connection with this transaction.

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