MediQuant, the leading innovator and provider of enterprise active archiving solutions to hospitals and health systems, is the recipient of ACG Clevelands prestigious 2019 Northeast Ohio Leading Deal Maker Award. The award recognizes the regions preeminent corporate deal makers for their accomplishments in using acquisitions, financings and other transactions to fuel sustainable growth. Its sponsor, ACG Cleveland, is Northeast Ohios leading organization for merger and acquisition and corporate growth professionals.
ACG will honor MediQuant at the 23rd Annual Deal Maker Awards on January 24 in recognition of the companys strategy to expand its market leadership in healthcare data management and fuel its growth as a clinical data solutions provider. Tony Paparella, Chairman and Founder of MediQuant, credits the recent, significant growth investment from Silversmith Capital Partners, a Boston-based growth equity firm, as the driving force behind his companys new transformative growth strategy.
The growth investment from Silversmith Capital Partners, together with our doubling of both revenue and customers over the past two years, has made this the most exciting time in MediQuants history, said Paparella. Starting off our 20th anniversary year with our eighth consecutive Weatherhead 100 Award and now ACGs Deal Maker Award inspires us to keep innovating so our clients have easy access to the data they need to improve patient outcomes. And the hundreds of millions of dollars in cost savings we continue to generate for our clients not only benefits their bottom line, but advances the entire healthcare system as well.
The Deal Maker Awards ceremony will be held on Thursday, January 24, 2019, at 5:30 p.m. EST at the Hilton Downtown Cleveland.
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Founded in 1999, and headquartered in Brecksville, Ohio, MediQuant is the leader in enterprise active archiving solutions for hospitals and health systems. The Companys flagship product, DataArk, is a solution that assists hospitals in retiring legacy clinical and patient accounting platforms and maintaining access to relevant data via a cloud-based software platform. Active archiving grants users the necessary functionality of a legacy system without the expense and risks. Data is kept active for quickly retrieving files, easily updating old records and continuing to bill accounts. MediQuant serves nearly 200 individual health systems which represent more than 1,000 hospital and physician practice customers. For more information, visit www.mediquant.com.
Joe Collins, 914-686-5599