The Insight investment will expand CentralReach’s electronic health record and practice management software offerings for applied behavioral analysis clinics.
Willkie represented longtime client Insight Venture Partners on its recent significant investment in CentralReach, a premier provider of electronic health record and practice management software for clinics focused on applied behavioral analysis (ABA) and speech therapy. The Insight investment will allow CentralReach to continue to expand its product capabilities and to accelerate growth.
CentralReach’s product portfolio has expanded to cover speech therapy, PK-12 education, and occupational therapy, and includes software capabilities that manage the clinical data collection process, learning management for clinicians, as well as clinic operations such as billing, human resources, analytics, and scheduling.
Headquartered in Pompano Beach, Florida, CentralReach delivers powerful software to help ABA clinics treat patients with autism, serving over 500 customers and employing over 100 team members. The self-funded company has grown significantly since inception and increased sales by over 65% in 2017.
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries.
The transaction was handled by Willkie partners Gordon Caplan and Matthew Guercio, and included associate Michael Casas.