Condition Higher education, Pa., Sept. 29, 2020 /PRNewswire/ — Blue Mountain Top quality Assets (“Blue Mountain”), a developer of enterprise asset administration merchandise and companies for the Existence Sciences industry, currently introduced that it has obtained a significant growth investment from Accel-KKR, a major technologies-centered expense company.
Blue Mountain provides a robust Enterprise Asset Management (“EAM”) solution designed completely for the Lifestyle Sciences sector. Its program, Blue Mountain Regulatory Asset Manager®, is the first EAM remedy to combine performance for the complete cycle of servicing functions with globe-course calibration management, enabling firms to enforce GMP (Great Manufacturing Follow) compliance and maximize productivity and profitability.
“Modern announcement marks a pivotal moment in Blue Mountain’s journey,” reported Jim Erickson, Founder & President of Blue Mountain. “This financial commitment from Accel-KKR will speed up our mission of giving Lifetime Sciences firms with finest-in-class performance to ensure GMP compliance and productivity are achieved. It will enable us to supply the most extensive suite of operation to our buyers, no matter whether they are global players or modern disruptors.”
Blue Mountain’s customers work tirelessly to deliver life-preserving treatments and complex medical technologies that are each risk-free and effective. Blue Mountain’s software program enables lifecycle administration of property, workflow automation, and other key functionality to aid ensure that both efficiency and compliance are achieved – ultimately helping its customers bring life-conserving treatments to sector.
“We are thrilled to welcome Blue Mountain to the Accel-KKR portfolio,” stated Phil Cunningham, Operating Executive and the guide for AKKR’s Emerging Buyout Associates fund. “Blue Mountain embodies the variety of business that we think in and back again wholeheartedly: mission-vital application led by a administration group with deep marketplace expertise. We search ahead to increasing with Blue Mountain to finally support their clientele deliver crucial prescription drugs, therapies, medical diagnostics and units to marketplace in the most secure, most cost-aggressive and successful way.”
Computer software Equity Team (SEG) served as economical advisor to Blue Mountain Quality Means.
About Blue Mountain High-quality Means:
Blue Mountain Top quality Resources is the primary developer of field typical asset management products and solutions and services — designed solely for the Life Sciences field considering the fact that 1989. The firm’s Blue Mountain Regulatory Asset Manager® was the initial regulatory asset administration program, formulated particularly as a harmonization of calibration, maintenance and validations units into a solitary extensive option for Everyday living Sciences businesses. Blue Mountain Regulatory Asset Manager capabilities constructed-in ideal procedures made to make sure GMP compliance and maximize efficiency and profitability for the world’s primary Biotech, Pharmaceutical, and Professional medical System businesses. For far more, pay a visit to coolblue.com.
Accel-KKR is a technological innovation-targeted expenditure business with above $9 billion in capital commitments. The organization focuses on software and IT-enabled companies, well-positioned for topline and base-line expansion. At the main of Accel-KKR’s financial commitment system is a motivation to creating powerful partnerships with the management groups of its portfolio organizations and a focus on making price alongside management by leveraging the considerable assets offered by means of the Accel-KKR network. Accel-KKR focuses on middle-industry organizations and presents a wide selection of cash remedies together with buyout capital, minority-advancement investments, and credit history alternatives. Accel-KKR also invests throughout a huge variety of transaction varieties like personal firm recapitalizations, divisional carve-outs and likely-non-public transactions. Accel-KKR is headquartered in Menlo Park with additional places of work in Atlanta and London. Go to accel-kkr.com for a lot more.
For Accel-KKR: Todd Fogarty, Associate, Kekst CNC | [email protected]
For Blue Mountain: Drexel Rothrauff, Director of Advertising and marketing, BMQR | [email protected]