Accrete Health Partners, a recently launched holding company of the Bon Secours Mercy Health system, has acquired health informatics consulting firm Nordic Consulting Partners from SV Health Investors.
Based in Madison, Wisconsin, not far from Epic’s headquarters, Nordic is a health and technology consulting firm. Its 1,900 employees support more than 600 customers worldwide.
SV led a majority recapitalization of Nordic in October 2012, along with Health Enterprise Partners, HLM Venture Partners and Kaiser Permanente Ventures. In 2016, Silversmith Capital Partners led a minority recapitalization in which SV, HEP, HLM and KP Ventures remained Nordic shareholders.
Bon Secours Mercy Health, based in Cincinnati, is one of the 20 largest health systems in the United States and the fifth largest Catholic health system in the nation. In May 2022, she launched Accrete as a digital portfolio company to expand, align and synergize the organization’s digital health services, investments and partnerships. The organization is led by Bon Secours Chief Digital Officer Jason Szczuka.
Over the past year, Nordic has been named best KLAS IT services firm overall and has acquired two companies: S&P Consultants and Bails. Now with more than 1,900 people worldwide, Nordic Global Companies, which also includes Healthtech, says it has expertise in key EHR and ERP systems that the healthcare industry relies on, including Epic, Cerner , Meditech and Infor.
“This agreement will help us bring innovative solutions to our customers at a faster pace and grow our world-class team, so we can better serve them as they navigate the growing healthcare industry. complex. We have seen incredible momentum in 2021, and we are excited to continue this growth as part of the Accrete portfolio,” Jim Costanzo, CEO of Nordic Consulting, said in a statement.
Financial terms of the transaction were not disclosed.