Verisys Corporation and Aperture Health have been acquired and combined by funds managed by Stone Point Capital.
“The combined company establishes a market leader in the credentialing, enrollment, and provider data management space that can provide an exceptional level of service, security, and scalability,” said Stone Point CEO Chuck Davis. “We’re looking forward to leveraging our network within the managed care and workforce risk management industries to support the company’s next phase of growth.”
The combined organization brings together leaders of respected and recognized companies. John Benson, formerly CEO at Verisys, has assumed the role of Chairman. Charlie Falcone, formerly CEO of Aperture Health, has assumed the role of CEO.
“The merger of Aperture and Verisys simply makes sense,” said Verisys’ Benson. “Our technologies and services perform similar work in different markets. Combining helps us serve many of the major players in the healthcare industry, including hospital systems, health plans, retail pharmacies, pharmaceutical companies, telehealth providers, and state Medicaid agencies.”
Along with the comprehensiveness of the combined offerings, the cultural fit between the two companies attracted Aperture’s Falcone. “Verisys and Aperture have proven track records of excellence, integrity, and transparency with employees and clients,” he said. “This combination will accelerate our ability to help our clients fix the many problems associated with siloed and inaccurate provider data. We’re excited about our future and look forward to transforming healthcare together.”
Leverage Health will remain an active investor in the combined company. Aperture was represented by Bailey Southwell & Co., and Verisys was represented by Stifel.