Atlantic Street Capital Partners Fertility Software Leader eIVF
Caddo Lake Capital Advises on the eIVF Transaction
Dallas, TX – September 28, 2018 – Caddo Lake Capital (“CLC”) is pleased to announce Atlantic Street Capital’s acquisition of Dallas, Texas-based eIVF, a leading provider of fertility-specific software solutions and electronic medical record.
Founded in 2002, eIVF is a healthcare software company providing innovative products and services that deliver vital, frontline reproductive-science intelligence. The products and services of eIVF are built upon solutions crafted in response to “real life” clinical information needs of REI practitioners. The built-in, thorough clinical content provides a high degree of flexibility in eIVF’s software to meet functional and workflow needs of across a diverse and significant number of fertility practice clients.
“eIVF has an established leadership position in the fertility industry given its longstanding reputation for delivering high quality software expertise and their highly regarded fertility EMR and practice management solutions. We couldn’t have partnered with a better team, and are excited about the tremendous growth path ahead,” said Andy Wilkins, Managing Partner of Atlantic Street Capital.
“Jawid Rahimi, CEO of eIVF, is one of the most interesting and dynamic entrepreneurs we have worked with”, said Brent Earles, a Founding Partner of Caddo Lake Capital. “We have been working closely with Atlantic Street Capital for several years, and we are excited about the new partnership between Atlantic Street and eIVF.”
Caddo Lake Capital developed the relationship with eIVF and assisted and supported Atlantic Street Capital in the transaction. CLC has a broad range of M&A experience in a number of industries, and the firm continues to be very active across most subsectors of healthcare.
eIVF is a healthcare software company based in Dallas, Texas. The company was founded as a result of failure to force-fit a traditional EMR product in a Reproductive Science setting. In October 2002, after a long period of beta testing at Boston IVF, eIVF launched its first version of eIVF for general release. It was, and still continues to be, the only web-enabled, fully customizable software system dedicated to REI practices. For more information, visit eIVF’s website at www.eivf.org
About Atlantic Street Capital
Atlantic Street Capital is a private equity firm that invests in middle market companies with between $4 million and $15 million in EBITDA. The firm invests in fundamentally sound companies that will benefit from capital investment and value-adding strategic and operational initiatives. Atlantic Street Capital's investment team are hands-on investors who work closely with management to unlock their business' underlying value and help them succeed. The firm is currently making investments in Atlantic Street Capital III, LP. For more information, visit www.atlanticstreetcapital.com.
About Caddo Lake Capital
Based in Las Colinas, TX, Caddo Lake Capital is an M&A advisory firm that operates between entrepreneurs and the capital markets, providing a strategic pathway for successful mergers and acquisitions. With decades of experience representing both buyers and sellers in the private markets, CLC has a unique perspective of the transactional needs of investors and business owners alike.
"eIVF is a healthcare software company providing innovative products and services that deliver vital, frontline reproductive-science intelligence."