Thousand Oaks, CA – CVF Capital Partners (CVF), a leading investment firm focused on supporting companies in the lower-middle market, is pleased to announce the successful exit of its portfolio company, Bonafide, which has been acquired by WellSky, a leading health and community care technology company. CVF invested both debt and equity to support Bonafide’s growth and expansion over the years alongside our partners, DCA Capital Partners.
Bonafide offers cloud-based ERP SaaS solutions for the back-end infrastructure as well as a patient-facing platform of durable and home medical equipment (DME/HME) businesses CVF originally invested out of its third fund to support the acquisition of S3 in 2022.
The sale to WellSky marks a significant achievement for Bonafide and highlights the dedication and leadership of its executive team, led by CEO Mark Ludwig. Their strategic vision and commitment were instrumental in driving Bonafide’s growth, positioning the company as a leader in its sector and a valuable partner to WellSky.
According to Jose Blanco, CVF’s Managing Partner, “we appreciate the exceptional effort by the Bonafide leadership and DCA Capital Partners to drive the company’s operating results and execute the plan leading to a positive outcome for all stakeholders”.
About CVF Capital Partners
CVF Capital Partners is an established investment firm managing capital across three main funds and a side-car fund having raised $385MM, since 2005 with a strong commitment to lower-middle-income communities and diversity, equity, and inclusion initiatives. With a focus on meaningful growth, CVF partners with businesses in sectors with high impact potential, contributing to sustainable business success. https://www.cvfcapitalpartners.com/
For more information contact:
Jose Blanco, Managing Partner
TeL; 530-757-7004 ext. 227