New Mountain Capital has completed a growth investment in Office Ally, according to a news release.
Office Ally, founded in 2000 and based in Vancouver, Washington, is a healthcare technology company that offers cloud-based solutions for healthcare providers, partners and payers.
New Mountain, based in New York, is a growth-oriented investment firm. Founded in 1999, the firm manages private equity, credit and net lease real estate funds with approximately $55 billion in assets under management.
As part of the transaction, Francisco Partners (FP), which originally invested in Office Ally in 2021, will also reinvest. FP, founded in 1999 and based in San Francisco, is a private equity firm that specializes in investments in technology and technology-enabled businesses.
Terms of the investments were not disclosed.
