JANESVILLE, WI (Dec. 2019) – Thompson Street Capital Partners has announced that it has acquired Data Dimensions, a leader in the field of business process automation, from HealthEdge Investment Partners.
Data Dimensions is a leader in the P&C insurance, financial services and government industries, providing data and document management automation services to many of the nation’s largest insurers, mail order pharmacies, manufacturers and government agencies.
“Thompson Street Capital Partners’ investment will enhance Data Dimensions’ opportunities for growth in the years to come”, says Data Dimensions President and CEO Jon Boumstein. “This is an exciting step forward for Data Dimensions,” Boumstein said. “Thompson Street’s expertise and experience align perfectly with our own, and with Thompson Street as our partner, I’m confident we are poised to add value to our business and expand into new areas.”
“Property and Casualty insurers are constantly looking for ways to increase efficiency and provide for enhanced focus on their core competencies,” Bob Dunn, Managing Director, Thompson Street Capital Partners, added. “We are excited to partner with the company’s outstanding management team to accelerate Data Dimensions’ investment in technology and future growth in this market.”
Scott Heberlein, Partner with HealthEdge commented, “We are proud of the progress made and value created during our ownership of Data Dimensions. The company signed a variety of new client relationships and launched innovative automation technology solutions to better serve its payor and government customers.”