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Harmony Healthcare IT receives growth capital from Primus

Primus Capital Partners Inc. provided an undisclosed amount of growth capital to Harmony Healthcare IT.

Harmony's management team will remain involved in the company's operations and strategic planning. The funding is expected to help the company expedite its delivery of legacy data management services to healthcare enterprises, Harmony CEO Tom Liddell said March 19.

Harmony is behind the HealthData Archiver data management platform, which is designed to give healthcare enterprises a single point of access to historical patient, employee and business data. Primus is a growth-oriented private equity firm that backs companies in the healthcare, software and technology-enabled services sectors.

Brentwood Capital Advisors LLC was the exclusive financial adviser on the transaction.