Hyde Park Capital Advises VitalTech on its Sale to CoachCare
TAMPA, Fla., March 11, 2025 /PRNewswire/ -- Hyde Park Capital announced today that its client, VitalTech, a leading provider of comprehensive enterprise solutions across the care continuum that integrates virtual care coordination into existing workflows, has been acquired by CoachCare, a leading provider of remote patient monitoring and care management platforms. Hyde Park Capital served as the exclusive investment banker to VitalTech for this transaction.
This acquisition represents CoachCare's eighth acquisition since 2023. Founded in 2019, VitalTech's unique software and AI expertise compliments CoachCare's existing suite of RPM, Chronic Care Management and other services.
"This strategic acquisition marks an exciting new chapter for VitalTech's team and our expanding network of large health system clients. Over the past few years, we have built an innovative, AI-first platform designed to revolutionize virtual care. Joining forces with CoachCare allows us to further scale our solutions, expand payment models, and deliver even greater value to our existing and future clients. Together, we will enhance patient outcomes, empower healthcare providers, and shape the future of virtual care. We have long admired CoachCare's vision and unwavering commitment to consolidating the virtual care market, and we are thrilled to become part of this rapidly growing company," said Jeh Kazimi, CEO of VitalTech.
"Healthcare providers and payors increasingly look for exceptional solutions to America's chronic condition epidemic. CoachCare continues to add capabilities and expertise to benefit more patients being treated for a number of varied conditions and further our mission to keep patients out of the hospital. VitalTech has demonstrated next-gen technical capabilities, and we are excited about what we can do together," said Andrew Zengilowski, CEO and Co-Founder of CoachCare. Andrew also added, "we are thrilled to welcome Jeh Kazimi to the executive leadership team, as well as the talented VitalTech staff that has built a compelling product."
Chris Fieschko, Managing Director at Hyde Park Capital, commented, "it has been a privilege to advise VitalTech throughout this process. In the rapidly evolving remote patient monitoring industry, VitalTech's innovative solutions and expertise align seamlessly with CoachCare's vision, creating an exciting opportunity for growth and expanded impact in this next chapter."
About VitalTech
VitalTech develops solutions that empower patients to better care for their health and wellness while enabling care teams to monitor, manage and care for patients remotely. Its proprietary platform enables health systems, managed care organizations, home health agencies, physicians, and senior living facilities to automate clinical workflows while improving health outcomes, increasing patient safety, and lowering the cost of care. VitalTech's suite of easy-to-use solutions increases patient engagement and compliance. VitalTech is a portfolio company of Concord Health Partners, the Ziegler Link•age Funds, the Inherent Group and others.
About CoachCare
CoachCare, a New-York based remote patient monitoring and virtual health company, moves healthcare providers beyond technology to provide a complete RPM solution. Its comprehensive suite of virtual tools, including remote patient monitoring, chronic care management, video conferencing, real-time messaging, screening, content sharing and connected devices, represents a comprehensive solution for providers and patients. More than 200,000 patients in 3,000 locations benefit from CoachCare's solution. CoachCare is a portfolio company of Catalyst Investors, Integrity Growth Partners, Everberg Capital and others.
About Hyde Park Capital
Hyde Park Capital is an institutionally focused boutique investment banking firm specializing in mergers and acquisitions and focusing on serving the corporate finance needs of successful founder and family-owned companies. Hyde Park's principals have extensive investment banking experience managing merger and acquisition engagements, including executing sell-side and buy-side sale of company assignments, recapitalizations, financial advisory services, fairness opinions, and raising growth capital and acquisition financing for companies, including equity, mezzanine, and senior debt. Hyde Park Capital has extensive experience across numerous industry sectors, including industrial, technology, consumer, healthcare, business, and financial services. Hyde Park Capital is headquartered in Tampa, Florida, and is a member of FINRA and SIPC. Hyde Park Capital is also a member of the Geneva Capital Group (GCG) International M&A Alliance (see www.gcg.com). For additional information, please visit www.hydeparkcapital.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hyde-park-capital-advises-vitaltech-on-its-sale-to-coachcare-302398939.html
SOURCE Hyde Park Capital