Cleargate Capital Partners has invested in Fellow Health Partners, according to a news release.
Fellow, founded in 2017 and based in Great River, New York, is a provider of revenue cycle management services to physician groups, ambulatory surgery centers and healthcare organizations.
Cleargate, founded in 2025 and based in Chicago, is a healthcare-focused private equity firm that targets founder-led, lower middle market businesses in the U.S. and Canada. The firm seeks to make investments between $10 million to $40 million, prefers majority buyouts or recapitalization, and will consider minority growth capital investments
Terms of the investment were not disclosed.