Vastian, the fastest growing provider of quality management software for hospitals and laboratories, has announced a strategic growth investment from Bregal Sagemount, a leading growth-focused private equity firm, alongside a new investment from existing investor Silversmith Capital Partners.
With over 30 years of experience, Vastian serves more than 9,200 facilities and sites globally and is used by over 2 million professionals. Its system-of-record platform centralizes quality management processes into a single, configurable solution, helping manage audit readiness, operational compliance, and major regulatory requirements including CAP, CLIA, The Joint Commission, and ISO. Clients using Vastian’s suite of quality applications have seen cited deficiencies fall nearly 80%.
The investment will accelerate Vastian’s ongoing product innovation and commercial expansion as healthcare organizations increasingly seek to consolidate and manage complex, mission-critical compliance workflows. Vastian was advised by Baird, while Sagemount was represented by Goodwin Procter. Terms of the transaction were not disclosed.
Founded in 1995 and headquartered in Lawrenceville, Georgia, Vastian supports more than 9,200 healthcare facilities across all 50 states, 50 countries, and all seven continents, offering a full suite of solutions spanning document and compliance management, enterprise and individual education, and readiness assessments for compliance agency regulations and certification.
KEY QUOTES:
“Quality teams in hospitals and labs are being asked to do more with less, against a regulatory backdrop that gets more complex every year. They need a purpose-built, comprehensive system of record that takes the manual work out of compliance so their teams can focus on patient safety and care quality.”
Tom Ormondroyd, CEO, Vastian
“Vastian sits at the heart of how hospitals and laboratories manage risk, improve accountability, and operate more efficiently in the face of evolving regulatory demands.”
Will Breskman, Partner, Bregal Sagemount
“Everything that initially drew us to the company as the first institutional investor — a strong team, a product customers rely on every day, and a deeply embedded role in a complex healthcare environment — has become even more evident.”
Brian Peterson, General Partner, Silversmith Capital Partners
