TA Associates has announced it will make a growth investment in Alpha II.
Alpha II, based in Tallahassee, Fla., is a provider of healthcare revenue cycle management technology solutions. Founded in 1983, the company works with providers across the care continuum.
TA, based in Boston, considers a range of investment types, from minority to majority investments. Founded in 1968, the firm invests in healthcare and several other sectors.
As part of the transaction, existing Alpha II shareholder WestView Capital Partners will reinvest alongside TA to maintain a minority position in the company.
Terms of the investment were not disclosed.