Thompson Street Capital Partners, a St. Louis-based private equity firm focused on investing in founder-led, middle-market business, has acquired Data Dimensions, a provider of business process automation solutions, from HealthEdge Investment Partners.
The amount of the deal was not disclosed. The investment aims to enhance the company’s opportunities for growth in the coming years.
Led by President and CEO Jon Boumstein, Data Dimensions is a leader in the P&C insurance, financial services and government industries, providing data and document management automation services to many of the nation’s largest insurers, mail order pharmacies, manufacturers and government agencies.
Since 1982, the company provides a complete range of outsourcing and professional services including mailroom management; document conversion services; data capture with OCR/ICR technologies; physical records storage and electronic retrieval services through state of the art Tier III data center.
HealthEdge is an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry.