Ontario Systems, a portfolio company of Arlington Capital Partners, announced that it has acquired Columbia Ultimate Business Systems. Based in Vancouver, Washington, Columbia provides software and solutions to outsourced revenue cycle management and accounts receivable management firms and government clients.
According to Matt Altman, a Managing Partner at Arlington states: “The combination of Ontario and Columbia creates a clear market leader in healthcare RCM and ARM software. Building upon relative strengths in the healthcare and government markets, Ontario and Columbia together will be ideally positioned to further strengthen its product offerings across a wide array of end-markets and support the continued advancement of its software and technology infrastructure.”
Deal terms were not disclosed.
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