Moore & Van Allen provides counsel to Frontier Capital in Clearwave Corporation equity investment
Moore & Van Allen PLLC is pleased to announce that its client, Frontier Capital, a Charlotte-based growth equity firm focused on software and tech-enabled business services companies, has finalized a significant growth equity investment in Clearwave Corporation, a leading provider of digital check-in, insurance eligibility, and patient payments solutions to health systems and physician practices. Moore & Van Allen Corporate members Bill Zimmern and Rick Bange led Frontier through the successful deal, along with Corporate associates Emerich Gutter and Kathryn Hesman.
Clearwave’s patient intake and software solutions allow physicians to provide a better patient experience. Clearwave, led by CEO Gerard White, serves more than 500 healthcare facilities nationwide. Frontier’s investment is intended to support Clearwave as it embarks on its next phase of innovation and growth in seeking to improve customer experience, further technology innovation, expand its sales and marketing operations, and extend its talent base.
Frontier Managing Partner Andrew Lindner and Frontier Vice President Tim Bechtold will join the Clearwave board of directors. Frontier’s investment in Clearwave comes from the firm's $700 million Frontier Fund V, which closed in 2017.