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May 31, 2017
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, Healthcom Inc. to VRI. Both companies offer remote medical alert services and other new technologies to enable independent living.
Based in Sullivan, Illinois, Healthcom is a healthcare technology company that partners with healthcare providers to provide services that enhance the standard of care. From medical alert services and medication management to telehealth solutions and care transitions, Healthcom offers an integrated service to help reduce readmissions, improve outcomes, and improve profitability for partners and clients.
VRI, a portfolio company of Pamlico Capital, is headquartered in Franklin, Ohio. VRI is one of the country’s largest providers of telehealth monitoring, monitored medication dispensing and adherence solutions, and medical alert systems, serving over 100,000 actively monitored clients.
Founded in 1988, Pamlico Capital is a middle-market investment private equity firm based in Charlotte, North Carolina. Pamlico manages approximately $2 billion of assets and focuses on investments in Business & Technology Services, Communications and Healthcare.