Record Retrieval Provider Ontellus Announces Investment by Aquiline Capital Partners

January 7, 2020

Willkie represented Ontellus, a portfolio company of client The CapStreet Group, in the transaction.

On January 6, Ontellus™, a leader in outsourced records retrieval, announced the completion of an investment in the company by Aquiline Capital Partners, a private equity firm based in New York and London who invests in businesses globally, across financial services and technology.

Aquiline invested alongside Willkie client The CapStreet Group, LLC, a current investor in the business and management. As part of the transaction, Aquiline provided capital for growth purposes and acquired a majority ownership stake in the company.

Ontellus is one of the largest national providers of tech-enabled medical, billing, and other claims-related records procurement for insurance companies and law firms. Ontellus is recognized for its overall performance, high-quality service, fast turnaround times, and proven scalability. The CapStreet Group is a Houston-based private equity firm that invests in owner-managed, lower middle market companies.

The Willkie deal team was led by partners Bruce Herzog and William Gump, and included partners Thomas Mark, Mark Holdsworth and Hillel Jacobson and counsel Garrett Johnston.