Los Angeles, CA 1/11/2012 1:43:32 PM
Breakwater Investment Management Completes Financing of Optimus EMR, Inc
Breakwater Investment Management, LLC (“Breakwater”) has completed a growth capital investment in Optimus EMRTM, Inc. (“Optimus”) out of its Breakwater Structured Growth Opportunities Fund (the “Fund”). Breakwater is a private investment firm that specializes in direct investments in small to lower middle market growth businesses.
Founded in 2000 and headquartered in Irvine, CA, Optimus provides products and services that support every aspect of electronic medical and health records in its market segment. The company offers the Optimus EMR system, the most advanced electronic health record system for the post-acute care market.
“We are extremely pleased to partner with the professionals at Breakwater,” said Robert C. Davis, CEO at Optimus. “This growth capital investment allows us to market our products more aggressively across the US, with the aim of gaining significant market share in our growing industry.”
“We are delighted to be financing Optimus, which has developed outstanding clinical and EMR software solutions,” said Saif Mansour, Managing Partner at Breakwater. “Our Fund seeks promising growth-orientated companies led by management that has a proven track record of success. The team at Optimus led by Robert Davis has proved to be a premier partner for Breakwater, and we look forward to a long-term and prosperous relationship.”
About Optimus EMRTM, Inc.
Optimus is a US software and services company leading the transformation of electronic medical records, point-of-care data collection, workflow automation, and full implementation partnership for post-acute care. Optimus provides well-designed clinical software delivered through the internet as a service, with complete implementation services that include onsite workflow redesign, staff training, and regular follow up and support by Optimus staff.
About Breakwater Investment Management, LLC:
Breakwater Investment Management (www.breakwaterfund.com) is a private investment firm that specializes in direct investments in small to lower middle market growth businesses with annual sales ranging between $5 million and $100 million. The firm serves as general partner of Breakwater Structured Growth Opportunities Fund, LP, a $100 million open-ended private investment partnership organized in August 2008 under Delaware law. The Fund’s investment objective is to generate both current income and capital appreciation through secured debt investments accompanied with equity participation rights, primarily in growth-oriented companies across a variety of industries.
Contact:
Darla Bea Smith
Breakwater Investment Management, LLC
1999 Avenue of the Stars, Suite 3430
Los Angeles, CA 90067
424-777-4000