Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Another Strong Exit for HealthEdge Investment Partners with Sale of The Columbus Organization to CareSource


TAMPA, Fla., Nov. 30, 2021 /PRNewswire/ — HealthEdge Investment Partners (“HealthEdge”), a Tampa-FL based private equity fund focused on lower middle market healthcare companies, continues to drive significant liquidity for its limited partners with the sale of The Columbus Organization (“Columbus” or the “Company”), a leading provider of services for individuals with intellectual/developmental disabilities (I/DD), to CareSource, a nationally recognized nonprofit managed care organization. TripleTree, LLC acted as the exclusive financial advisor to Columbus for this transaction.

HealthEdge continues to drive significant liquidity for its limited partners with sale of The Columbus Organization

Based outside of Philadelphia, PA, Columbus operates three business lines, Care Coordination, Professional Clinical Staffing, and Quality Improvement Services, and serves over 100,000 individuals across 13 states. During HealthEdge's ownership, Columbus completed significant operating and infrastructure investments, including key senior leadership hires and other personnel additions, quality and compliance program improvements, and proprietary technology developments. Consistent with HealthEdge's growth strategy across many of its investments, Columbus also completed ten add-on acquisitions, significantly expanding its geographic presence and the number of individuals served.

HealthEdge Managing Partner Phil Dingle commented, “At initial investment, we sought to roughly double the size of Columbus through geographic expansion, add-on acquisitions, and in-market organic growth—a milestone that the Company will have achieved in 2021. We are highly pleased with this outcome for our investment in the Company and are excited for CareSource to execute on its vision to expand Columbus's ability to positively impact the lives of those with I/DD.”

Jeff Klimaski, CEO of Columbus, said of the transaction, “Becoming part of CareSource is an exciting milestone for The Columbus Organization and is a testament to the unmatched quality, innovation and passion that the Company has consistently delivered to the individuals, families and organizations we serve.” Mr. Klimaski added, “HealthEdge has been an excellent partner for Columbus over the past five years, providing the right type of guidance, support, and resources we needed to achieve the meaningful growth that has positioned us for this next step in our journey.”

As an operationally-oriented, sector-focused private equity fund, HealthEdge delivers attractive and replicable returns to its investors by partnering with lower middle market healthcare companies where HealthEdge's investment and operational teams can add substantial value—driving organizational transformation, cultural excellence, and accelerated growth through active involvement with management teams. The Columbus exit follows the successful sale of the majority of HealthEdge's investment in Formulated Solutions, a FL-based contract development and manufacturing organization (CDMO), to Linden Capital Partners in September. HealthEdge is currently investing and raising its fourth fund, which has a $150 million target.


HealthEdge Investment Partners, LLC is an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience, and network of relationships of its partners. HealthEdge's partners have more than 100 years of combined experience in healthcare as operators and investors.

For more, visit or connect with HealthEdge on LinkedIn.


The Columbus Organization empowers individuals to realize their meaningful–life goals through nationally recognized care/support coordination, professional clinical staffing, and quality improvement services for the intellectual/developmental disability (I/DD) or behavioral needs community. The Company delivers an unmatched depth of expertise, breadth of resources, diversity of thinking, and dedication to finding the most appropriate, personalized solutions for its customers.

For more, visit, follow @TheColumbusOrg on Twitter, like The Columbus Organization on Facebook or connect with The Columbus Organization on LinkedIn.


CareSource is a nonprofit, multi-state health plan recognized as a national leader in managed care. Founded in 1989, CareSource administers one of the nation's largest Medicaid managed care plans and offers a lifetime of access to care through health insurance, including Medicaid, Health Insurance Marketplace, Medicare Advantage and dual-eligible programs. Headquartered in Dayton, Ohio, CareSource serves 2 million members in Georgia, Indiana, Kentucky, Ohio and West Virginia. CareSource is also a partner in CareSource PASSE, which has been approved as a new option for the Provider-Led Arkansas Shared Savings Entity (PASSE) Program for Arkansans with complex behavioral health and individuals with intellectual and developmental disabilities. CareSource understands the challenges consumers face navigating the health system and is transforming health care with industry-leading programs that improve the health and well-being of our members.

For more, visit, follow @caresource on Twitter, or like CareSource on Facebook.

Media Contact: Jessica Hudson,

Cision View original content to download multimedia:

SOURCE HealthEdge Investment Partners, LLC

Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now


Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.