Latest news with #LLRPartners
Yahoo
5 days ago
- Business
- Yahoo
ePayPolicy Secures Strategic Investment from LLR Partners
LLR joins Serent Capital to help support the Company's next stage of growth. AUSTIN, Texas, August 05, 2025--(BUSINESS WIRE)--ePayPolicy, a leading provider of accounts receivable ("AR"), accounts payable ("AP") and integrated payment solutions for the insurance industry, today announced an investment from LLR Partners. LLR's investment will help further product innovation, bolster sales and customer support, and continue organizational buildout to better serve the Company's growing customer base. ePayPolicy's suite of AR and AP automation products and payment processing solutions serve agencies, brokers, MGAs, wholesalers, premium finance companies and carriers. The platform automates receipt of premium payments, cash reconciliation, and upstream premium and commission payments. By automating back-office operations and workflows, ePayPolicy enables organizations to streamline operations and offer more seamless digital payment experiences to their policyholders and partners. "Our mission is to increase the speed and efficiency of our customers' AR and AP processes and make insurance payments fast, easy and secure," said Mark Engels, CEO of ePayPolicy. "With this investment, we will continue to build the products our customers need to automate all of their payment-related workflows." "Both LLR Partners and our existing investors, Serent Capital, have proven experience supporting customer-centric technology companies with big ambitions," Engels added. "It's a great fit." LLR's investment in ePayPolicy continues the firm's 26-year history of investing in vertically focused integrated software and payments businesses. "Insurance is a large ($1.5T+)¹ and complex ecosystem undergoing a digital transformation driven by policyholders requiring more seamless payment experiences and insurance companies needing to more efficiently manage operations," said Connor Crump, Vice President at LLR Partners. "ePayPolicy has established itself as a leading AR and AP solution, purpose-built for the insurance industry." Ryan Goldenberg, Partner at LLR Partners, added, "We're thrilled to partner with Serent, Mark and the entire ePayPolicy team. Together, we will continue to invest in technology automation and product growth to support ePayPolicy's customers' needs and help solidify the company as the leading AR and AP automation provider in the insurance ecosystem." Serent Capital originally invested in ePayPolicy in 2019 and will remain an active partner and investor. "It has been a privilege to support Mark and his team over the last six years," said Kevin Frick, Partner at Serent Capital. "We are excited to continue alongside LLR in this next chapter of growth." ePayPolicy was advised by Raymond James and Choate, Hall and Stewart and LLR was advised by William Blair and Company and Goodwin Procter LLP. About ePayPolicy ePayPolicy offers easier payment tools, built just for insurance. ePayPolicy's products bring insurance payments up to speed for agencies, carriers, MGAs and PFCs, with secure online payment pages, automated check processing, payables reconciliation and more. 8,000 insurance companies trust ePayPolicy and their expert, live support team to handle their payments every day. Learn more: About LLR Partners LLR Partners is a lower middle market private equity firm investing in technology and healthcare businesses. We collaborate with our portfolio companies to define high-impact growth initiatives, turn them into action and help create long-term value. Founded in 1999 and with more than $7 billion raised across seven funds, LLR is a flexible provider of equity capital for growth, recapitalization and buyouts. Learn more at Reference 1. "The U.S. Insurance Market," Next Move Strategy Consulting, June 2025, View source version on Contacts Emily Oakeseoakes@ Justin Jakshajustin@
Business Wire
30-05-2025
- Business
- Business Wire
TruTechnologies Secures Significant Growth Investment From LLR Partners
BUSINESS WIRE)-- LLR Partners today announced a strategic growth investment in TruTechnologies ™, a leading provider of real-time clinical trial oversight. LLR's growth capital and value creation resources will be dedicated to helping TruTechnologies' expansion as it transforms how pharmaceutical companies, together with clinical research organizations and research sites, oversee, monitor and manage biological samples and study workflows throughout the clinical trial lifecycle. TruTechnologies aims to enhance workflow efficiency for research sites while enabling real-time visibility and interventions for pharmaceutical companies and clinical research organizations. Its flagship solution, TruLab ®, is a first-of-its-kind mobile-enabled offering for protocol-driven clinical trial oversight, biological sample management and tracking and risk-based monitoring. 'TruTechnologies was founded to solve the ongoing pain point in clinical research of managing biological samples with accuracy, efficiency and compliance,' said Scott Ogle, Co-Founder and CEO of TruTechnologies. 'LLR understands our mission, our customers and our industry. We are excited to partner with LLR as we scale to deliver more value to pharmaceutical companies, clinical research organizations and research sites around the world.' Building on TruLab, TruTechnologies has launched two complementary solutions: TruDose ™, which provides dosing compliance and deviation monitoring, and TruScreen ™, which enables real-time visibility to trial participant screening visits and associated outcomes. "After 25 years in drug development, I've seen firsthand how lack of visibility into study conduct significantly impacts clinical trial outcomes," said Rick Graham, PhD, Co-Founder and Chairman of TruTechnologies. 'That's why I'm so proud of what we've built - a solution that finally brings transparency, accountability and oversight to one of the most overlooked aspects of clinical trial execution." LLR's investment in TruTechnologies builds on its history of partnering with companies driving efficiency and innovation across life sciences and healthcare. 'TruTechnologies has pioneered a differentiated solution in a critical but historically underserved area of clinical trials,' said Zack Sigal, Partner at LLR Partners. William Sadock, Vice President at LLR Partners, added, 'The market TruTechnologies serves is driven by the increasing complexity of clinical trials and demand for more precise, real-time oversight and interventions across the research ecosystem. We are excited to partner with TruTechnologies as they continue to support more clinical teams with real-time insights.' BofA Securities, Inc. served as the exclusive financial advisor to TruTechnologies in this transaction. Wachtell, Lipton, Rosen & Katz served as legal advisor to TruTechnologies. DLA Piper served as legal advisor to LLR Partners. About TruTechnologies Founded in 2018, TruTechnologies is the leading provider of real-time clinical trial oversight, focused on enabling timely, high-quality data and mitigating risks in drug development. The company partners with six top 20 pharmaceutical companies and numerous biotechnology firms to accelerate patient screening and enrollment, drive protocol adherence, and correct deviations. Learn more at and follow on LinkedIn. About LLR Partners LLR Partners is a lower middle market private equity firm investing in technology and healthcare businesses. We collaborate with our portfolio companies to define high-impact growth initiatives, turn them into action and help create long-term value. Founded in 1999 and with more than $7 billion raised across seven funds, LLR is a flexible provider of equity capital for growth, recapitalization and buyouts. Learn more at
National Post
28-05-2025
- Business
- National Post
TruTechnologies Secures Significant Growth Investment From LLR Partners
Article content DURHAM, N.C. — LLR Partners today announced a strategic growth investment in TruTechnologies ™, a leading provider of real-time clinical trial oversight. LLR's growth capital and value creation resources will be dedicated to helping TruTechnologies' expansion as it transforms how pharmaceutical companies, together with clinical research organizations and research sites, oversee, monitor and manage biological samples and study workflows throughout the clinical trial lifecycle. Article content Article content TruTechnologies aims to enhance workflow efficiency for research sites while enabling real-time visibility and interventions for pharmaceutical companies and clinical research organizations. Its flagship solution, TruLab ®, is a first-of-its-kind mobile-enabled offering for protocol-driven clinical trial oversight, biological sample management and tracking and risk-based monitoring. Article content 'TruTechnologies was founded to solve the ongoing pain point in clinical research of managing biological samples with accuracy, efficiency and compliance,' said Scott Ogle, Co-Founder and CEO of TruTechnologies. 'LLR understands our mission, our customers and our industry. We are excited to partner with LLR as we scale to deliver more value to pharmaceutical companies, clinical research organizations and research sites around the world.' Article content Building on TruLab, TruTechnologies has launched two complementary solutions: TruDose ™, which provides dosing compliance and deviation monitoring, and TruScreen ™, which enables real-time visibility to trial participant screening visits and associated outcomes. Article content 'After 25 years in drug development, I've seen firsthand how lack of visibility into study conduct significantly impacts clinical trial outcomes,' said Rick Graham, PhD, Co-Founder and Chairman of TruTechnologies. 'That's why I'm so proud of what we've built – a solution that finally brings transparency, accountability and oversight to one of the most overlooked aspects of clinical trial execution.' Article content LLR's investment in TruTechnologies builds on its history of partnering with companies driving efficiency and innovation across life sciences and healthcare. Article content 'TruTechnologies has pioneered a differentiated solution in a critical but historically underserved area of clinical trials,' said Zack Sigal, Partner at LLR Partners. William Sadock, Vice President at LLR Partners, added, 'The market TruTechnologies serves is driven by the increasing complexity of clinical trials and demand for more precise, real-time oversight and interventions across the research ecosystem. We are excited to partner with TruTechnologies as they continue to support more clinical teams with real-time insights.' Article content BofA Securities, Inc. served as the exclusive financial advisor to TruTechnologies in this transaction. Wachtell, Lipton, Rosen & Katz served as legal advisor to TruTechnologies. DLA Piper served as legal advisor to LLR Partners. Article content About TruTechnologies Founded in 2018, TruTechnologies is the leading provider of real-time clinical trial oversight, focused on enabling timely, high-quality data and mitigating risks in drug development. The company partners with six top 20 pharmaceutical companies and numerous biotechnology firms to accelerate patient screening and enrollment, drive protocol adherence, and correct deviations. Learn more at and follow on LinkedIn. Article content About LLR Partners LLR Partners is a lower middle market private equity firm investing in technology and healthcare businesses. We collaborate with our portfolio companies to define high-impact growth initiatives, turn them into action and help create long-term value. Founded in 1999 and with more than $7 billion raised across seven funds, LLR is a flexible provider of equity capital for growth, recapitalization and buyouts. Learn more at Article content Article content Article content Article content Article content Contacts Article content Article content Article content
Yahoo
24-04-2025
- Business
- Yahoo
LLR Partners Closes Seventh Fund at $2.45 Billion
PHILADELPHIA, April 24, 2025--(BUSINESS WIRE)--LLR Partners, a lower middle market private equity firm, announces the final closing of LLR Equity Partners VII, L.P. (together with its affiliated investment funds, "LLR 7") at $2.45 billion. Included in LLR 7's capital is meaningful participation by LLR's Partners and employees. LLR's prior fund, LLR 6, closed in October 2020 at $1.8 billion, including the General Partner's commitment. "We thank our investors for their partnership and confidence in LLR's investment strategy," said Partner Mitchell Hollin. "We greatly value our Limited Partners, with the entire LLR team striving every day to deliver for them." LLR 7 continues the firm's 25-year history of investing in and partnering with lower middle market growth companies. Like its predecessor funds, LLR 7 will focus on the technology and healthcare sectors. With more than 100 professionals, a dedicated value creation team and a group of experienced executives engaged as Senior Operating Advisors, LLR 7 will invest in majority and minority equity positions, providing capital for growth, recapitalizations and buyouts. "Our thesis-driven investment approach, tech-enabled origination and extensive value creation resources put LLR in prime position to help our companies accelerate growth and become market leaders," said Managing Director, Investor Relations, Jason Jerista. "Our shared objective continues: together, we grow companies every day." Capital commitments for LLR 7 came from a global group of legacy and new investors. LLR 7 began investing in 2024 and has completed investments in five companies: KEEPS, Nonstop Health, Soltis Investment Advisors, Suvoda and TurboTenant. Asante Capital Group acted as placement agent and Latham & Watkins provided legal counsel for LLR 7. About LLR Partners LLR Partners is a lower middle market private equity firm investing in technology and healthcare businesses. We collaborate with our portfolio companies to define high-impact growth initiatives, turn them into action and create long-term value. Founded in 1999 and with more than $7 billion raised across seven funds, LLR is a flexible provider of equity capital for growth, recapitalizations and buyouts. For more information about LLR and insights on accelerating growth, visit View source version on Contacts Media: Emily Oakes, 484-467-8517eoakes@ Investors: Jason Jerista, 215-717-2916jjerista@ Intermediaries: Ann Brophy, 215-883-7116abrophy@ Sign in to access your portfolio
