COMS Interactive Garners $21,000,000 New Funding Round

  • Feed Type
  • Date
    6/19/2013
  • Company Name
    COMS Interactive
  • Mailing Address
    60 West Streetsboro Street Hudson, OH 44236
  • Company Description
    COMS Interactive, LLC focuses on processes and systems that stabilize and improve resident health, while increasing revenues for Skilled Nursing facilities and simultaneously reducing overall costs for the payor. This win-win scenario creates improvements that pay for themselves while enhancing a facility’s reputation, winning resident referrals and developing family loyalty.
  • Website
    http://www.comsllc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The additional capital resources provided by Summit Partners will support a further expansion of the COMS products and service offerings in the skilled nursing, assisted living and home care markets. In addition, a portion of the capital will be used for redemption of COMS common stock holdings.
  • M&A Terms
  • Venture Investor
    Summit Partners

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