Silversmith Funds Associates Announces Sale of Nordic Consulting Associates

BOSTON, June 03, 2022–(Enterprise WIRE)–Silversmith Capital Companions (“Silversmith”) is happy to announce the acquisition of Nordic Consulting Associates (“Nordic”) by Accrete Wellbeing Partners (“Accrete”), a strategic holding enterprise of Bon Secours Mercy Health and fitness.

Silversmith invested in Nordic in Oct 2016 even though foremost a minority recapitalization for the firm as it sought to grow and scale the small business as a result of organic advancement and M&A. During the partnership, Nordic executed several strategic initiatives, like growing and diversifying its crew, acquiring new provider choices, and completing five (5) acquisitions which further prolonged the range of services that Nordic gives to its health care clientele, as effectively as its geographic access to include Canada and Europe.

Headquartered in Madison, Wisconsin, Nordic is a world health and know-how consulting company that associates with health leaders close to the environment to aid them harness the electrical power of engineering. Not long ago named the Best in KLAS General IT Solutions Firm, Nordic’s global team of more than 1,900 experts supports about 600 customers worldwide with innovative answers, deep clinical knowledge, and substantial technological awareness.

“In excess of the previous 5 and a fifty percent a long time we have purposely grown into a world wide business supporting purchasers navigate the significantly complicated healthcare business via planet-class solutions that address their IT and organization needs,” claimed Nordic CEO, Jim Costanzo. “Jeff and the Silversmith staff performed an instrumental position in helping us develop our footprint and come to be the company we are now. We are grateful for their support and seem forward to doing work with the Accrete staff to continue constructing on our accomplishment.”

“When we partnered with Nordic, we realized that we have been investing in a proficient workforce that was relentlessly shopper-focused,” reported Silversmith Running Partner, Jeff Crisan. “It has been a real enjoyment to perform with Jim and the whole Nordic team as they effectively expanded the scope and selection of the company’s choices with a client-initial tactic.”

About Nordic Consulting Associates
Nordic is an award-profitable world-wide wellbeing and engineering consulting firm that partners with well being leaders around the earth to produce more healthy devices, enterprises, and people today. Alongside one another, its international staff of additional than 1,900 pros provides many years of expertise throughout its essential aim regions of strategic advisory, electronic and cloud initiatives, implementation and assist, and business technological know-how transformation. Nordic and its network of firms, including Bails, Healthtech, and S&P Consultants, support more than 600 clientele in their efforts to harness the power of technological know-how on a world wide scale. Find out more at

About Silversmith Capital Companions
Founded in 2015, Silversmith Funds Associates is a Boston-centered growth equity business with $2. billion of funds underneath administration. Silversmith’s mission is to associate with and guidance the greatest business people in escalating, successful technology and healthcare firms. Consultant investments incorporate ActiveCampaign, DistroKid,, Iodine Computer software, LifeStance Overall health, and Webflow. The partners have served on the boards of a lot of successful progress businesses such as Capability Network,, Liberty Dialysis, Passport Wellness, SurveyMonkey, and Wrike. For far more information and facts about Silversmith, remember to pay a visit to or abide by the company on LinkedIn.

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