Tower MSA Partners – a leading national provider of Medicare Secondary Payer (MSP) compliance technology and settlement services to self-insured enterprises, insurance carriers, and third-party administrators – announced that it received a significant growth investment from Ambler Brook.
Launched in 2011, Tower was launched with a vision to build a best-in-class integrated automation technology platform that simplifies MSP compliance, enhances the customer experience, and delivers measurable value to customers in a complex regulatory environment. And Tower provides MSP services to national and global enterprises across industries, including industrial, manufacturing, travel, transportation & logistics, healthcare, hospitality, and retail.
Choate, Hall & Stewart served as legal advisor to Ambler Brook. Harbor View Advisors served as financial advisor and Trenam served as legal advisor to Tower MSA on the deal. And Eagle Private Capital and Resolute Capital Partners provided debt financing and a minority equity co-investment alongside Ambler Brook. The investment was closed in the fourth quarter of 2024.
KEY QUOTES:
“Ambler Brook’s investment will enable us to accelerate growth, invest further in providing a superior product that ensures full MSP compliance and delivers cost-effective claim settlements through the use of artificial intelligence and other automation technology and expands our team of clinical and compliance experts who provide an unmatched level of customer service.”
– Kristine Dudley, Tower’s Co-Founder and Chief Operating Officer
“We are excited to partner with the Co-Founders of Tower and the entire management team in this next phase of growth and innovation for the business. We identified Tower as part of our effort to find founder-owned businesses at the intersection of several investment themes, including cost containment, providers of mission-critical compliance solutions and automation technology.”
– Kearney Shanahan, Managing Partner of Ambler Brook
“The team has built a best-in-class MSP compliance solution that delivers a clear value proposition, commands a very loyal customer base and is highly scalable as the Tower management team executes on a growth-focused value creation plan.”
– Stephen Sahlman, Managing Partner of Ambler Brook
