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symplr to acquire Halo Health

Press releases may be edited for formatting or style | September 14, 2021 Business Affairs
SANTA MONICA, Calif. and HOUSTON, Sept. 14, 2021 /PRNewswire/ -- symplr®, the leader in enterprise healthcare operations including governance, risk management and compliance ("GRC") SaaS solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Charlesbank Capital Partners ("Charlesbank"), announced today that it has agreed to acquire Halo Health, a provider of clinical communication and collaboration software that streamlines clinical processes and interactions, improving clinician satisfaction and patient care. Terms of the transaction were not disclosed.

"Halo Health is an exciting addition to the symplr family, as it addresses our clients' critical need to improve clinical communication," said BJ Schaknowski, CEO of symplr. "Halo Health's modern approach to digital communication facilitates the rapid exchange of information, streamlines workflows, and improves patient safety. The company's unified communication and collaboration platform consolidates outdated technology like pagers, feature phones, and legacy texting applications, presenting a strong return on investment opportunity for customers."

Founded by clinicians, for clinicians, Halo Health helps healthcare organizations standardize and streamline clinical communication and workflows, consolidate technology, and connect clinical communities. The Halo Clinical Collaboration Platform ("CCP") is a cost-effective, cloud-based system that unifies all communication channels, including secure messaging, video, voice, and alerts, and enables role-based collaboration to ensure the right message gets to the right person, role, or team, instantly. Halo Health bolsters symplr's rapidly growing workforce and talent management portfolio with the addition of on-call scheduling, which allows for easy management of schedules, monitoring of on-call status changes in real-time, and automation of role-based communication.

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"Joining symplr will allow us to further expand the reach of the Halo Clinical Collaboration Platform," said Jose Barreau, M.D., CEO of Halo Health. "Our top rating in the KLAS clinical communication and collaboration category demonstrates that we continue to meet the needs of healthcare systems nationwide, and we look forward to extending that leadership as we unite with the symplr family of healthcare operations software solutions."

"Over the last several years, we have partnered with the symplr management team to execute on several strategic acquisitions, and Halo Health is another strong addition in this journey to create the most comprehensive healthcare GRC SaaS platform," said Behdad Eghbali, Co-Founder and Managing Partner of Clearlake.

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