Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced it has completed the sale of Infinity Behavioral Health Services (Infinity), a revenue cycle management (RCM) company servicing the behavioral health industry, to SimiTree, a provider of solutions for compliance, growth, and profitability in the post-acute industry. Infinity was advised in the transaction by BMO Capital Markets. Terms of the transaction were not disclosed.
Infinity co-founder and CEO Eloy Paez, who will move into a leadership role at SimiTree, said “Thompson Street Capital Partners played an instrumental role in our growth and we are extremely grateful for their guidance and partnership. This strategic combination will give Infinity access to the resources and expertise that make SimiTree an industry leader, in turn allowing us to give our clients even greater opportunities for profitability without having to sacrifice quality of care.”
“During our partnership with Infinity, we focused on delivering a unique approach to RCM while expanding their offerings and geographic reach,” said Jesse Klein, Managing Director at TSCP. “Infinity’s growth has been driven by strong execution and a strategic understanding of how best to serve their clients. We have truly valued our partnership with the talented Infinity team, and we are confident that they will be great partners for SimiTree moving forward.”
