InductiveHealth Informatics Secures Funding for Growth Initiatives

In a notable financial development, New Canaan Funding LLC has successfully closed an investment round in InductiveHealth Informatics, a leading provider of disease surveillance solutions based in Atlanta, Georgia. The recapitalization of InductiveHealth, facilitated by Diversis Capital, received substantial mezzanine debt from New Canaan Funding's Mezzanine VII SBIC, LP. This funding is expected to propel the company's growth initiatives and drive accretive acquisitions. InductiveHealth supports state and federal public health agencies with advanced real-time data collection services, enhancing their capability to respond to public health threats efficiently. New Canaan Funding, a middle-market mezzanine firm with several locations across the United States, has been active in supporting private equity-driven acquisitions and recapitalizations since 1995. The investment in InductiveHealth marks the firm's fourteenth involvement through its seventh fund and the first collaboration with Diversis Capital under this fund. Diversis Capital, headquartered in Los Angeles, specializes in financing software and technology-based companies, significantly investing in firms primed for growth and market leadership.