Serent Capital Makes Growth’s Investment in Raintree Systems

Choate represented Serent Capital in the transaction.

Serent Capital executed its growth investment into Raintree Systems, a leading provider of electronic health record (EHR) and revenue cycle management (RCM) software solutions to the therapy market.

Founded more than 36 years ago by Richard and Lorraine Welty, Raintree has evolved into the preeminent provider of EHR and practice management solutions to therapy and rehabilitation clinics. This investment will allow Raintree to continue innovating and building its market leading therapy software platform.

Founded in 2008, Serent Capital is a leading lower-middle market private equity firm focused on investing in high-growth service and technology businesses.

The Choate team included Sarah N. A. Camougis, Partner (Picture), John Marshall Chambers, Principal, Mark A. DeFeo, Partner, Lee S. Feldman, Practice Group Leader – Private Equity, Judith Fiorini, Partner, Rob Giacchetti, Principal, Tyler P. Haynes, Senior Associate, Julia R. Hesse, Partner, Lyndsey M. Kruzer, Principal, Wells W. Miller, Partner, Kevin Milton, Associate, Susan Yoon Parker, Partner, Elizabeth Powers, Of Counsel, Sara E. Rau, Senior Associate, Jake K. Rosen, Associate, Juan Sebastian Sanchez, Associate, and Jonathan A. Stanhope, Associate.

Involved fees earner: Sarah Camougis – Choate; Mark DeFeo – Choate; Lee Feldman – Choate; Judith Fiorini – Choate; Rob Giacchetti – Choate; Tyler Haynes – Choate; Julia Hesse – Choate; Lyndsey Kruzer – Choate; John Marshall Chambers – Choate; Wells Miller – Choate; Kevin Milton – Choate; Elizabeth Powers – Choate; Sara Rau – Choate; Jake Rosen – Choate; Juan Sebastian Sanchez – Choate; Jonathan Stanhope – Choate; Susan Yoon Parker – Choate;

Law Firms: Choate;

Clients: Serent Capital;