BOSTON (August 25, 2021)—VoiceFriend, LLC, developers of an integrated messaging and engagement solution for care communities, has announced that it received a major growth investment from Alta Lake Equity Partners LLC.
Since its founding in 2009, VoiceFriend has grown quickly to be the premiere integrated messaging and engagement solution for care communities, including senior living communities, skilled nursing facilities and PACE programs. With this investment by Alta Lake Equity Partners, VoiceFriend is positioned to best capitalize on its success with continued growth in both its current markets and additional healthcare market opportunities.
“We are truly excited about the growth opportunity that our new partnership with Alta Lake Equity Partners will allow us,” says Bruce Baron, VoiceFriend’s CEO. “Alta Lake specializes in healthcare software markets like ours. They understand our vision and truly recognize the value that VoiceFriend is bringing to the market by helping care communities better engage with their residents, patients, families—while boosting efficiencies and quality of care. Beyond their significant investment, Alta Lake also brings a wealth of operational knowledge and experience to help us reach our full potential.”
“Our goal is to accelerate VoiceFriend’s business growth into an industry leading healthcare software platform by leveraging our expertise, significant capital resources, dedicated value creation team, and best‐in‐class board of directors,“ says Ryan Galea, CEO of Alta Lake Equity Partners. “We are truly excited to be joining the impressive, customer‐centric team that VoiceFriend has built, and look forward to forging new growth opportunities together.”
Effective with the growth investment agreement, Ryan Galea will assume the role of CEO of VoiceFriend, and Bruce Baron will become senior strategic advisor.
Ziegler acted as exclusive financial advisor and Summit Health Law Partners acted as legal advisor to VoiceFriend.
Visit voicefriend.net for more information.
