Peak Technology Partners adds to its extensive track record of helping bootstrapped, founder-led businesses across the healthcare technology landscape. 

SAN FRANCISCO, October 1, 2024, Peak Technology Partners is pleased to announce that StrataPT has secured $25 million from Council Capital. The funding comes as StrataPT experiences explosive growth led by demand for its SaaS-based platform that combines Electronic Medical Records (EMR), Revenue Cycle Management (RCM), billing, and collections into a single solution that helps practitioners improve cash flow and focus on patient care. 

Council Capital is a healthcare-focused private equity firm based in Nashville, Tennessee. Council Capital invests in lower middle market healthcare-related companies where it believes it can drive growth by applying its Council Model, which draws upon the resources and experience of its CEO Council (experienced industry executives), Strategic Healthcare Investors, and Value Creation Team. Council Capital Partner Kevin Fahey, along with Healthcare IT industry veteran Gregory Anderson, are joining the StrataPT Board of Directors. 

StrataPT is the only billing-aware practice management platform for outpatient therapy clinics. Built by experts in Electronic Medical Records (EMR) and Revenue Cycle Management (RCM), StrataPT is the strategic billing partner for physical, occupational, and speech therapy practices. StrataPT seamlessly brings together therapy documentation and billing into one full-service and user-friendly solution designed to deliver transparency so every practice can optimize growth. 

PEAK Technology Partners served as the exclusive sellside advisor to StrataPT. The firm assisted StrataPT in leading the entire M&A process and negotiating this transaction, highlighting PEAK’s expertise and continued success in the healthcare technology sector and its track record of successful sale for bootstrapped, founder-led businesses.