May 12, 2021
Clearsight Advises DAS Health in its Recapitalization by Sheridan Capital Partners
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction at the convergence of its Managed Services and Healthcare IT Practices. Clearsight served as financial advisor to DAS Health Ventures, LLC (“DAS Health” or “The Company”) in its recapitalization by Sheridan Capital Partners (“Sheridan”).
Since its inception in 2003, DAS Health has built a reputation as a premier provider of healthcare IT management solutions and services to over 2,000 clients and 20,000 users across the US. The Company delivers a variety of services to independent physician practices and groups including: Health Information Technology (HIT), MSP, cybersecurity, RCM medical billing, value-based care, patient engagement, compliance and practices management solutions. Sheridan’s investment will serve to accelerate DAS Health’s growth and elevate The Company’s position in the healthcare-focused MSP ecosystem, creating a category leader.
“Clearsight exceeded our expectations and was an invaluable partner throughout the entire process,” said David Schlaifer, DAS Health President and CEO. He added, “The entire team was a pleasure to work with and their expertise on the Managed Services and Healthcare IT space proved indispensable in helping us find an investor with similar goals and values to help propel our company into its next phase of growth.”
Clearsight Managing Director John Rakowski commented, “David has built an incredible team at DAS Health. DAS Health is a formidable MSP platform in a highly sought-after and competitive space and the team should be commended. It was a pleasure to work with the DAS Health team and we look forward to seeing them enter their next phase of growth and partnership with Sheridan.”
The Clearsight deal team included John Rakowski, Greg Treger, Michael Slarve, Jay Regam, and Cameron Coombes.