MHS Nabs $7M Series B

Management Health Solutions, a Fairfield, CT-based provider of inventory management software for hospitals, has pulled in a $7 million Series B round of equity funding, which enabled it to acquire mobile supply chain software provider AtPar, the company announced yesterday. The financing was led by Enhanced Equity Fund, a private equity fund focused on growth investing in the healthcare industry, and will also go to hiring new employees and expanding products and services.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.