SaaS Capital Portfolio Company, Facility Health, Acquired by Dude Solutions
January 6, 2022
CINCINNATI & SEATTLE, January 06, 2022 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, congratulates portfolio company Facility Health on its acquisition by Dude Solutions.
Founded in 2016 and based in Grand Rapids, Michigan, Facility Health helps facility and finance teams use real-time, data-driven intelligence to mitigate facility and asset risk and solve the capital planning puzzle. Christian Fernando, president, and chief executive officer of Facility Health, had the following to say:
“We are excited to be aligned with Dude Solutions’ vision of the importance of strategic asset management to deliver actionable insights to mitigate risk in real-time. With Dude Solutions’ exceptional market reputation and strategic asset management expertise, we see a tremendous market opportunity to position Origin as the de facto solution for capital asset management in healthcare.”
Details of the acquisition can be found here.
About Facility Health, Inc.
Founded in 2016 and based in Grand Rapids, Michigan, Facility Health helps facility and finance teams use real-time, data-driven intelligence to mitigate facility and asset risk and solve the capital planning puzzle. The company’s software solution, the Origin™ Decision HUB™, provides executives with predictive CapEx and OpEx investment models using a proprietary Health Index calculation for each asset that is continuously monitored and updated. This provides executives with real-time analysis of assets, the ability to monitor maintenance and repair performance, and forecasting of asset useful life. Visit www.facilityhealthinc.com to learn more.
About SaaS Capital
SaaS Capital is the leading provider of growth debt designed explicitly for B2B SaaS companies. SaaS Capital’s growth debt is structured to provide a significant source of committed funding, deployment flexibility, and lower overall cost of capital, all while avoiding the loss of control associated with selling equity. SaaS Capital was the first to offer lending alternatives to SaaS businesses based on their future recurring revenue. Since 2007, SaaS Capital has deployed $234 million in growth debt to deliver better outcomes for 70+ clients, resulting in $983 million in total enterprise valuation created. Visit www.saas-capital.com to learn more.
Who Is SaaS Capital?
SaaS Capital® is the leading provider of long-term Credit Facilities to SaaS companies.Read More