Welsh, Carson, Anderson & Stowe (WCAS) has completed a strategic growth investment in ImageTrend, according to a news release.
ImageTrend, based in Lakeville, Minn., is a software solutions and services provider in the healthcare and public safety industries. Founded in 1998, the company supports organizations that include those working in critical care, hospitals and emergency medical services.
WCAS, based in New York, is a private equity firm focused exclusively on the healthcare and technology industries. Founded in 1979, the firm targets growth-oriented companies with an investment strategy that is deal-size agnostic.
Terms of the investment were not disclosed.