New York-based investment firm New Mountain Capital LLC invested in eMids Technologies Inc., a Nashville, Tenn.-based digital solutions and services provider focused on the healthcare industry.
As part of the deal, eMids' management and other stakeholders remain invested in the company while investors Baird Capital and Council Capital are exiting.
Ropes & Gray LLP provided legal counsel to New Mountain Capital, while DLA Piper LLP acted as legal adviser to eMids. Credit Suisse was financial adviser to eMids.
