Eliza Corporation, a Beverly, MA-based provider of integrated healthcare communication strategies, analytics and business intelligence for healthcare organizations, has completed its first growth investment (of undisclosed amount) from private equity firm Parthenon Capital Partners.
The company intends to use the proceeds from the transaction to provide partial liquidity to some shareholders and pursue growth initiatives.
Eliza will continue to be led by its current management team, headed by co-founders Alexandra Drane (President) and Lucas Merrow (CEO).
Following the investment, founders and senior management team will continue to own a majority of the company.
Eliza Corporation provides customers including health plans, disease management firms, pharmaceutical companies, pharmacy benefit managers and employers with technology, communication expertise and data analytics designed to improve engagement, health and wellness measures and financial savings.