William Blair acted as the exclusive financial advisor to Centauri Health Solutions (Centauri) and Abry Partners (Abry) in connection with the raising of a single-asset continuation fund (the Continuation Fund) to acquire Centauri from Abry Fund IX and the sale of Centauri’s Provider Solutions business (the Divestiture). The Divestiture closed in January 2026, and the Continuation Fund closed in June 2026. The Continuation Fund was anchored by Neuberger Berman and Apollo S3 as co-lead investors, with additional commitments provided by Abry’s existing limited and general partners.
Read the press release for the transaction.
About the Companies
Abry is a Boston-based, sector-focused middle-market private equity firm managing approximately $16 billion of capital across its Buyout, Senior Equity, and Credit strategies. Since its founding in 1989, the firm has completed more than $90 billion of transactions across multiple market cycles, establishing it as one of the most experienced sector-focused private equity firms investing in North America. Abry's buyout funds pursue control investments in three core sectors - Insurance & Financial Services, Healthcare, and Technology & Business Services - partnering actively with management teams to drive profitable growth. For additional information, please visit www.abry.com.
Based in Tempe, Arizona, Centauri is a market-leading healthcare technology company that solves complex, mission-critical challenges for U.S. health plans and health systems. Centauri's solutions turn fragmented clinical and member data into intelligent, coordinated actions that optimize revenue and improve benefits and care for members and patients. The company is the nation's leader in health insurance benefit eligibility, enrollment and retention for Medicaid Managed Care and Medicare Advantage plans, and offers market-leading intelligent risk adjustment, quality optimization, and care coordination platforms, while helping hospitals and health systems coordinate care, manage risk, and meet Promoting Interoperability requirements. For additional information, please visit www.centaurihs.com.
Learn more about our healthcare IT investment banking expertise.