"After working with hundreds of vendors, suppliers, and partners over the last 30 years, I consider my experience with SEG to be the most enjoyable with the best outcome. The SEG team was a source of guidance and leadership and I knew I was in great hands the entire way. Their incredible effort led to a wonderful outcome for our customers, employees, and shareholders. I appreciate that the team was highly relatable, and we had fun working together. Hiring SEG was the best decision I have made in my career.”
Todd Collins, Founder & CEO, HemaTerra Technologies

SEG Client, HemaTerra Technologies, Received Investment from The Riverside Company

Software Equity Group (SEG) announces its client, HemaTerra Technologies, has received an investment from The Riverside Company. HemaTerra is a provider of cloud-based solutions for independent and hospital-based blood and plasma collection centers that connects a complex supply chain of donors, volunteers, collection centers, hospitals, and pharmaceutical companies. SEG served as the exclusive advisor to HemaTerra.

The company’s family of software products helps customers with donor recruitment and management, online order entry, inventory management, equipment management, quality control tracking, staff scheduling and blood drive scheduling. HemaTerra’s software is used to manage a complex ecosystem of constituents that involves donors, volunteers, collection centers, hospitals and pharmaceutical companies.

“We are thrilled to work with HemaTerra’s management team to build on its already excellent product suite,” said Riverside Managing Partner Loren Schlachet. “The blood and plasma industry is a complex ecosystem involving numerous parties. We plan to help HemaTerra invest in additional product functionality that improves the donor experience and assists collection centers with managing their supply chain.”

HemaTerra is another example of Riverside’s commitment to investing in software and healthcare companies. To date, the firm has completed more than 150 investments in these areas and has a team of global experts dedicated to growing companies in these specializations.

“We chose to partner with Riverside because they share our view of the importance of providing top-notch software products and service to the blood, plasma and hospital industry,” said HemaTerra CEO Todd Collins. “Together, we will be able to enhance our leadership position and continue exceeding what our customers have come to expect from us.”

Riverside intends to build on HemaTerra’s outstanding product offerings by investing in new product development, enhancing sales and marketing and pursuing strategic partnerships and combinations.

“In addition to having an unbeatable reputation in the industry, HemaTerra is the niche leader in offering such a robust suite of solutions,” said Riverside Partner Joe Manning. “It’s no surprise they count many of the most sophisticated and well-known blood centers, plasma centers and hospitals as customers. We look forward to providing HemaTerra the financial and strategic resources they need to support continued growth.”

About Software Equity Group

Software Equity Group (SEG) provides unparalleled M&A advisory services for emerging and established software companies. For more than twenty years, SEG has worked alongside its software industry clients to drive extraordinary outcomes for the client’s shareholders, employees and customers. Over this time period, SEG has managed hundreds of sell-side M&A transactions, representing billions of dollars of aggregate transaction value. SEG’s unwavering commitment to the software industry equates to unmatched expertise across software industry product categories, delivery models, technology and end market verticals; and unrivaled access to key decision makers among strategic and private equity buyers.