Crest Rock Partners has announced a strategic growth investment in Productive Programming Inc. (PPi).
PPi, founded in 1996 and based in Verona, Wisconsin, provides software and tech-enabled services, including care management software, electronic health records software, claims processing software and third-party administrator services to healthcare and benefits programs across the United States.
Crest Rock, founded in 2019 and based in Denver, is a private equity firm focused on the lower middle market. The firm targets control investments across multiple industry verticals, including software, technology, IT services, tech-enabled business services, manufacturing and industrial services.
Terms of the investment were not disclosed.
