Press release

Edgemont Partners Advises Champion Healthcare Technologies on Its Transaction with The Riverside Company

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Edgemont
Partners
(“Edgemont”), a leading independent healthcare investment
bank, announced that it served as the exclusive financial advisor to
Champion Healthcare Technologies (“Champion”), a portfolio company of
Jump Capital, in its transaction with The Riverside Company
(“Riverside”). Through the transaction, Champion will be combined with
HemaTerra Technologies, a portfolio company of Riverside.

Champion is a leading provider of SaaS-based solutions that manage and
track the life cycle of tissues and implantable devices for hospitals
and health systems. The transaction was led by Kojo
Appenteng
, Managing Director and Head of Edgemont’s Healthcare IT
practice, with execution support from Andrew
Karlin
, Vice President at Edgemont. The transaction enables Champion
to continue to build on its successful track record of innovation in the
healthcare supply chain software market.

Pete Casady, Co-Founder and CEO of Champion, said, “Edgemont’s expert
advice and guidance throughout the highly competitive M&A process gave
us comfort that we were going to find the optimal outcome. We are very
excited about the new phase in the company’s evolution.”

“Edgemont’s deep insights into the HCIT market and broad transaction
experience was invaluable. Kojo and his team were very instrumental in
helping us secure a great result for all of Champion’s stakeholders,”
said Michael McMahon, Managing Partner of Jump Capital.

“Champion has built an impressive portfolio of solutions to automate the
entire lifecycle of tissues and implants, including receipt tracking,
inventory management, recall management, usage, warranty tracking, and
enterprise analytics,” said Kojo Appenteng. “We pride ourselves in
providing thoughtful and unbiased advice to leading healthcare IT
companies. We are honored to have had the opportunity to work with an
outstanding team at Champion to find the right partner for the next
phase of growth.”

“Our ability to run a bespoke process, along with high-quality deal
execution, helps us capture maximum value for our clients,” added Andrew
Karlin. “We are excited about the path ahead for the combined business.”

About Champion Healthcare Technologies

Founded in 2005, Champion provides comprehensive implant management
solutions to over 500 hospitals and health systems. Its broad portfolio
enables organizations to effectively track and manage implants
throughout their life cycle (i.e. receipt to explant) to improve patient
safety, reduce costs, and minimize risk. Through deep integration with
vendors, system-wide visibility into implants, and robust analytics,
Champion empowers organizations to drive meaningful results.

About Jump Capital

Jump Capital is a series A/B venture & growth capital firm that provides
capital and strategic resources for companies within the B2B SaaS,
media, IT/Data infrastructure, and Fintech sectors. Jump’s philosophy is
to align with talented management teams that desire a trusted partner
with real world operating experience looking for a target initial series
A/B or growth investment between $2M to $15M. Since its founding in
2012, Jump has made more than 50 technology-based investments.

About Edgemont Partners

Edgemont Partners is a premier investment bank that provides merger and
acquisition advisory and growth capital raising services exclusively to
healthcare companies. We focus solely on providing expert strategic
advice and transaction execution, bringing a steadfast commitment to our
clients, driven always by what’s in their best interest. This dedication
enables us to deliver independent conflict-free advice, to serve as
trusted advisors to healthcare entrepreneurs, management teams and
investors, and to execute with exceptional results.

For more information on Edgemont and how we can best serve you, contact Ben
Hughes
at +1 (646) 632-3967 or visit our website at www.edgemont.com.

Investment banking services are provided by Edgemont Capital Partners,
LP, a registered broker-dealer and member of FINRA and SIPC.