“Given the rapidly evolving dynamics of today’s healthcare ecosystem, Stinger was looking for an investment partner not only to help us grow, but also to help us navigate the increasingly complex healthcare IT market. We believe that Riverside Partners’ focus on technology investing as well as their deep expertise in healthcare makes them the perfect combination,” said Gary Coonan
“Stinger Medical is clearly the innovation leader in the mobile clinical workstation industry and the company continues to develop advanced new technologies for this rapidly growing market. Stinger’s products are pivotal in helping hospitals effectively deploy electronic health records and improve caregiver workflow and patient care,” said Philip Borden
About Stinger MedicalStinger Medical is the leading manufacturer of mobile solutions and medical technologies for the healthcare marketplace. Customers value Stinger Medical as a long-term partner that consistently delivers unmatched products and services. Leveraging more than a decade of healthcare experience, Stinger understands the unique needs of healthcare providers and is dedicated to creating products that streamline work flow processes, reduce errors, enhance quality of patient care, increase patient confidence, and put focus back on the patient.
For more information about Stinger Medical products and services, visit www.stingermedical.com.
About Riverside PartnersFounded in 1989, Riverside Partners is a middle market private equity firm currently investing Riverside Partners Fund V, L.P. The fund focuses on growth-oriented companies primarily in the healthcare and technology industries. Riverside Partners is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. Today, Riverside Partners manages $1 billion