CareWorx Raises $17 Million in Private Equity Financing – Accelerates Position as Top 50 Global Managed Services Provider
Founded in 2006, CareWorx provides a complete suite of managed services for mid-market and senior care businesses, including 24x7 service desk, remote monitoring and management, IT Service Management (ITSM) and managed end-user devices. CareWorx plans to use this investment to accelerate growth in the senior care market; expand existing managed services and security offerings; and finance acquisitions within the managed services, senior care and ServiceNow ecosystems.
"The CareWorx team has decades of market leadership in managed services and over 12 years as the Senior Care industry's leading provider of technology solutions," said
"This strategic investment by
"As the first institutional investor in CareWorx, EPIC is very excited with the prospects of the company being backed by a tier-1 private equity firm like Kayne," added
About CareWorx - CareWorx® is a top 50 global managed service provider (MSP) and the market-leader in technology solutions for senior care. The CareWorx Managed Services division provides organizations with a complete platform to deliver 24×7 service desk, IT service management, IT automation, security and self-service to end-users. CareWorx Vision: Personalizing our Customers' End-User Experience!
The CareWorx Senior Care division is the industry's largest provider of managed end-user devices (point-of-care, eMAR), 24x7 support, managed IT services and wireless solutions. More than 4,600 facilities currently operate over 70,000 CareWorx touchscreens for their daily electronic health record (EHR) documentation. CareWorx helps over 600,000 seniors receive better care every day.
For more information, visit www.careworx.com
About
For more information, visit www.kaynepartners.com
About
Kayne Anderson is headquartered in
For more information, please visit www.kaynecapital.com
SOURCE CareWorx
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