CapStreet Group LLC closed the majority recapitalization of Dallas-based healthcare solutions company Surgical Notes Inc.
The Houston-based lower-middle-market private equity firm made the investment through its CapStreet IV LP fund, which has capital commitments of $340 million.
Surgical Notes President Randy Bishop will transition to CEO of the company.
Surgical Notes provides products and services designed to simplify the reimbursement process, lower administrative costs and improve data management for U.S. ambulatory surgical centers.
Waterview Investment Banking was Surgical Notes' financial adviser. Willkie Farr & Gallagher LLP served as CapStreet's legal adviser, while Polsinelli PC was Surgical Notes' legal counsel.