Ropes & Gray Represents Gauge Capital in Strategic Investment in Streamline Healthcare Solutions

In The News
March 10, 2023

Ropes & Gray represented Gauge Capital in its investment in Streamline Healthcare Solutions, a provider of electronic health record (“EHR”) software primarily serving behavioral health providers and state and local departments of health. The partnership will provide growth capital for Streamline to allow the business to further invest in infrastructure and product development and expand its service offerings and will also recapitalize the company. The announcement was made March 7 in a press release.

Gauge Capital is a middle-market private equity firm based in Southlake, Texas. The firm manages approximately $2.5 billion in capital. Streamline was founded in 2003 and is headquartered in Oak Brook, IL. The tech solutions provider serves a broad range of behavioral health end-markets including mental health, substance abuse, and developmental disability and helps behavioral health stakeholders to share and manage information in a unified software platform.

The Ropes & Gray team included private equity partner Matt Richards, health care partner Christine Moundas, finance partner Greg Bauer, tax partner Aaron Harsh, employment & benefits partner Matthew Jones, data, privacy & cybersecurity partner Fran Faircloth, IP transactions partner Megan Baca, life sciences regulatory & compliance partner Kellie Combs, litigation & enforcement partner Nick Berg, and labor & employment partner Richard Kidd.