December 13, 2023

Ntracts Secures Investment from AKKR

Brentwood Capital Advisors Serves as Exclusive Financial Advisor to Ntracts

December 13, 2023 – Nashville, TN

Brentwood Capital Advisors LLC (“BCA”) is pleased to announce that it served as the exclusive financial advisor to Ntracts, Inc. (“Ntracts” or the “Company”) in its significant capital investment from Accel-KKR, a technology-focused investment firm with $19 billion in cumulative capital commitments.

Ntracts is a leading contract lifecycle management solution for healthcare organizations across the country. Ntracts’ contract management software is designed to help healthcare organizations streamline their contract management processes, mitigate compliance risk, and identify cost savings. Driven by the expertise of dedicated contract compliance professionals, and founded by a leading healthcare law firm, Hall Render, Ntracts has provided healthcare-focused contract lifecycle management solutions for over 30 years.

“We are thrilled to have Accel-KKR as our partner as we enter a new phase of growth and innovation. Their extensive background in healthcare IT investing and operating resources will be invaluable as we work to bring more innovation around our core offering and to further strengthen our client partnerships,” said David Paschall, chief executive officer of Ntracts. “BCA was exceptional throughout every step of the process, and their work was invaluable in finding the best partner for our employees, customers and shareholders.”

“The Accel-KKR transaction positions Ntracts to build on its leadership position in healthcare contract lifecycle management.  We are excited to watch the Company grow in 2024 and beyond,” said Patrick Price, Director at BCA. Porter Meadors, Managing Director at BCA, added, “It was a privilege to work with David and the Ntracts team, and we know that they will enjoy continued success with Accel-KKR.”

About Brentwood Capital Advisors

Headquartered in Nashville, Tennessee, Brentwood Capital Advisors is one of the nation’s leading independent investment banks, specializing in providing financial advice on mergers, acquisitions, corporate divestitures, and capital raising to growth-oriented, middle-market healthcare services, healthcare technology, and business services companies since 1999. For more information, visit www.brentwoodcapital.com.

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