Persivia Acquires Recapitalization of $107 Million to Drive National Expansion

Backed by Aldrich Capital Partners, the Company Plans Major Growth and Enhanced Healthcare Solutions

Marlborough, MA – April 29, 2025, Persivia, a recognized leader in healthcare technology, today announced the successful completion of a $107 million recapitalization led by Aldrich Capital Partners.

This strategic move positions Persivia to scale its innovations, rapidly grow its nationwide footprint, and introduce advanced tools designed to boost operational efficiency and patient care.

Expanding National Reach

Over the next 12 months, Persivia will greatly increase the size of its sales team and fortify its ties with healthcare institutions around the country with the help of this additional funding. The company wants to increase assistance for quality improvement, population health, and value-based care efforts using its extensive platform.

“This partnership is about more than just capital,” said Dr. Mansoor Khan, CEO of Persivia. “It’s about launching a national growth strategy and making our platform the first choice for every healthcare organization that wants clean, actionable data and AI-driven tools to support value-based care.”

Integrated Healthcare Solutions

Persivia’s platform brings together clinical, claims, social, and operational data into a unified system. This approach provides healthcare organizations with clean, governed data that enables real-time insights, streamlined workflows, reduced costs, and improved outcomes.

“The Persivia team has done an incredible job of leveraging AI to build an industry-leading Digital Health Platform”, said Dr. Fauzia Khan, COO of Persivia. “Starting from product management through engineering, support, and account management, each team has gone way beyond the call of duty to deliver excellence. Aldrich’s due diligence showed tremendous client satisfaction as demonstrated by an industry-leading NPS score of 83.”

Strategic Growth with Aldrich Capital

The recapitalization demonstrates Aldrich Capital Partners’ confidence in Persivia’s proven performance and future potential. Aldrich, which specializes in high-growth healthcare and technology investments, will support Persivia through targeted acquisitions and strategic partnerships to accelerate market expansion.

“We’re excited to partner with a team that’s already changing how healthcare operates”, said Mirza Baig, Managing Partner at Aldrich Capital Partners. “Our goal is to help Persivia scale faster through targeted acquisitions and partnerships that enhance its capabilities and market presence.”

Fulfilling the Connected Health Vision

This investment marks a significant milestone in realizing the Connected Health vision championed by Persivia’s long-time investors and industry pioneers.

“It gives me tremendous satisfaction to see the Connected Health vision we had to improve outcomes years ago come to fruition in Persivia”, said Ron Zwanziger, founder of Alere Inc. and Electra DX and a major investor in Persivia. “When you have such a great team, it doesn’t take hundreds of millions of dollars to lead the industry.”

Financial Advisory Support

Covington Associates served as the exclusive financial advisor to Persivia throughout the transaction.

“It was a pleasure to work with Persivia and Aldrich Capital Partners on this transaction”, said Tom Cibotti, Managing Director at Covington Associates. “We believe their combination will drive continued innovation that enhances clinical and operational outcomes for their clients. We look forward to watching the Company grow in this exciting next chapter.”

About Aldrich Capital Partners

Growth equity company Aldrich Capital Partners collaborates with tech-driven companies that have strong market momentum and leadership. The company helps businesses attain scalable growth by offering both operational and financial support.  

Visit www.aldrichcap.com to learn more.

About Persivia

Persivia is an all-inclusive healthcare technology platform that integrates operational, social, clinical, and claims data. Across healthcare organizations, the platform increases performance, expedites workflows, and strengthens decision-making. Persivia currently serves more than 12,000 physicians and more than 200 institutions in the US.

 Head over to www.persivia.com for more insights.

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