Software and services to help ambulatory surgery centers operate smarter.
SIS is a leading provider of an all-in-one surgical software solution that streamlines and consolidates all critical workflows (practice management, patient medical records, revenue cycle management, and administrative functions) at an ASC or hospital.
During our investment, NEP supported SIS through strategic pivot into the ASC space through the acquisitions of SourceMed and Amkai, partnered with the company to develop cloud-based software solutions, and assembled an excellent management team.
NEP initially invested in SIS in 2010 seeing an opportunity to invest in an industry leader and software solutions innovator. In October 2020, NEP completed a recapitalization with Accel-KKR and maintained a minority ownership in the company post-close. NEP completed its second-round exit in the company in 2024.
During our investment, NEP supported SIS through strategic pivot into the ASC space through the acquisitions of SourceMed and Amkai, partnered with the company to develop cloud-based software solutions, and assembled an excellent management team.
NEP initially invested in SIS in 2010 seeing an opportunity to invest in an industry leader and software solutions innovator. In October 2020, NEP completed a recapitalization with Accel-KKR and maintained a minority ownership in the company post-close. NEP completed its second-round exit in the company in 2024.