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RLDatix: Receives Growth Investment from Nordic Capital

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

RLDatix Receives Growth Investment from Nordic Capital

  • RLDatix, a Chicago, IL-based international leader in governance, risk and compliance (GRC) solutions for healthcare, received a minority equity investment from Nordic Capital
  • Existing investors Five Arrows and TA Associates will continue to maintain a majority equity stake
  • Financial terms of the transaction were not disclosed
  • The company provides cloud-based software for organizations to report on adverse events, reduce healthcare-acquired infections and ensure patient safety learnings are implemented across the continuum of care
  • With more than 5,000 customers in over 20 countries, RLDati x software protects hundreds of millions of patients around the world
  • Most recently, the company acquired Allocate Software, a provider of human capital management solutions that help healthcare organizations deliver safe and effective care
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