Bregal Sagemount Acquires Vastian in Healthcare Quality Software Deal

Healthcare providers grappling with escalating compliance burdens are turning to unified quality management platforms.

Vastian, a Lawrenceville, Georgia-based software company with a platform deployed in more than 9,200 hospital and laboratory sites, has drawn a growth investment from Bregal Sagemount.

The firm’s existing backer, Silversmith Capital Partners, also participated in the transaction, which was announced this week.

Founded in 1995 and formerly known as MediaLab, Vastian provides a SaaS-based quality management system of record that centralizes document control, audit readiness, assessments, and compliance workflows.

Its platform supports over 2 million clinical professionals globally, operating in all 50 U.S. states, 50 countries, and across seven continents, helping them manage requirements from agencies including CAP, CLIA, The Joint Commission, and ISO.

The company says customers using its Quality applications see cited deficiencies drop by nearly 80 percent.

Bregal Sagemount, a growth-focused private capital firm with over $11 billion in cumulative capital raised, plans to support Vastian’s product development and commercial reach as healthcare organizations consolidate compliance tools.

Silversmith Capital Partners, a Boston-based growth equity firm managing more than $5 billion, first backed Vastian as its initial institutional investor and is reinvesting alongside the new sponsor.

Baird advised Vastian on the transaction, while Goodwin Procter represented Bregal Sagemount.