H.I.G. Ventures, the venture capital affiliate of H.I.G. Capital, announced a $7m growth capital investment in Care Dynamix, the nationwide provider of preventative healthcare services, including vaccination programs and wellness screenings for schools, government agencies, corporations, retail businesses, religious groups, unions and professional associations.
The investment will support the expansion of onsite preventative healthcare services and flu shot clinics in communities nationwide.
Commenting on the investment, Craig Burson, Managing Director at H.I.G. Ventures said: “Our equity investment in Care Dynamix comes at a time when we are seeing increased demand for these types of services in communities across the country in order to expand the reach of critical immunization programs and protocols, as well as aggressive, new medical developments that are fueling overall growth of the healthcare industry.
“The global attention to new outbreaks, such as the H1N1 flu virus, has accelerated the interest and demand of schools, government agencies, corporations, religious groups and professional associations in preventative healthcare”.
Jim Greiff, President of Roswell, GA.-based Care Dynamix said that the partnership with H.I.G. Ventures represents an important step in the expansion and ability to meet rising demand, while ensuring clients receive the same personalized service.
FinSMEs
10/09/2009