BOSTON, MA and SAN FRANCISCO, CA (February 19, 2025) – Aeris Partners is pleased to announce Azara Healthcare (“Azara”), the Best in KLAS provider of population health and value-based care SaaS solutions, received a majority investment from Insight Partners and subsequently joined forces with i2i Population Health (“i2i”). Insight Partners led the merger of Azara and i2i and invested in the newly combined company. Insight Partners is joining existing Azara investor Hughes & Company.
Aeris Partners served as the exclusive financial advisor to Azara Healthcare and Hughes & Company. Terms of the transaction were not disclosed.
Azara and i2i address a broad range of healthcare providers supporting underserved communities, including community health centers, critical access and community hospitals, and rural health centers. Azara and i2i impact care and improve outcomes for more than 50 million patients across the U.S. by unifying clinical, health plan, HIE (Health Information Exchange) and SDOH data; closing gaps in care; lowering healthcare costs; improving data-informed payer-provider collaboration; and streamlining regulatory compliance reporting.
“Azara’s ability to deliver actionable insights and improve outcomes for millions of patients is truly best-in-class. The Company’s exceptional growth, customer satisfaction, and retention speaks volumes about the quality, efficacy and mission-critical nature of the Azara platform. We were honored to advise Azara and Hughes & Co. on the transaction and are very excited Azara has joined forces with i2i and Insight Partners,” said David Joncas, Managing Director at Aeris Partners.
About Azara Healthcare
Azara Healthcare, the 2023, 2024 and 2025 Best in KLAS population health management solution, is the leading provider of quality measurement, analytics and reporting for the Community Health and physician practice market. Azara solutions empower more than 1,000 Community Health Centers, physician practices, Primary Care Associations, Health Center Controlled Networks, and clinically integrated networks in 43 states to improve the quality and efficiency of care for more than 25 million Americans through actionable data.
About i2i Population Health
i2i Population Health is the nation’s leading population health technology company, serving healthcare providers across 40 U.S. states and more than 30 million lives. With a focus on transforming care delivery, i2i enables organizations to manage patient populations effectively, identify care gaps, and improve quality outcomes.
About Hughes & Company
Hughes & Company is a private equity firm investing in growing healthcare software and technology-enabled service companies. Hughes & Company works closely with its portfolio companies on initiatives to accelerate growth, enhance customer value propositions and increase long-term retention by applying institutional best practices and disciplined execution.
About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of September 30, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO.
About Aeris Partners
Aeris Partners, a leading boutique investment bank with offices in Boston and San Francisco, provides premium strategic M&A advisory services to best-in-class software, Software-as-a-Service (SaaS), data & analytics, private equity, and venture capital firms spanning a range of high-growth vertical markets, including healthcare (HCIT); pharma (PharmaTech); government (GovTech); education (EdTech); architecture, engineering and construction (AECO); financial technology (FinTech); energy & power (EnergyTech); and supply chain, among others. Aeris leverages extensive technology domain expertise and an unparalleled commitment to delivering superior M&A outcomes on every transaction. The firm’s senior leadership team has successfully completed more than $40 billion of M&A advisory assignments to date.
Aeris Partners LLC is a registered broker-dealer and member of FINRA and SIPC.
