Candescent Partners, LLC

Candescent Partners, LLC

  • 800 Boylston St Ste 810
  • Boston, Massachusetts
  • 02199-8104

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Description

Seacoast's founders, Barry Wepman, MD and Mark Deresienski, OD, partnered in 2000 after practicing independently for over 20 years in South County. Seacoast physicians and team will continue to care for patients for many years to come. Drs. Wepman and Deresienski remarked that "partnering with Koch Eye Associates will provide us with more resources and locations to continue to meet the vision health needs of our patients.

Founded in 1990, Quadrant Software is a leading provider of Output Management (DOM) software and solutions for the enterprise. Through its award-winning cloud based QuadraDoc V, FastFax and Formtastic product lines, companies can electronically create and manage mission critical documents from their data center, or the cloud, via print, fax or email to reduce expenses, increase productivity and improve communication in a more secure and compliant manner. Quadrant Software has customers and partners around the world in key markets including finance, manufacturing, transportation, retail and healthcare.

BCD and ESDI are two of the most successful software organizations in the IBM i marketplace, with more than 35 years of experience in providing modernization solutions for thousands of organizations worldwide. ESDI is the development arm of BCD and the two companies have been partners for more than 20 years. BCD and ESDI will continue to operate under their brands.

Candescent Partners is a Boston-based private equity firm that provides smart and innovative capital solutions to growth companies in the lower middle market in healthcare services, business services, software and consumer products and services. Steve Jenks and Sandy McGrath founded Candescent in 2008. Steve Sahlman joined the partnership in 2009. Candescent invests in businesses with annual EBITDA between $2 and $8 million and enterprise values between $10 and $75 million.

Dr. Anderson, who will remain active in the business and continue to oversee the growth of the Company post-transaction, remarked, "I look forward to partnering with Candescent to continue to provide quality clinical care to our customers.

Products & services

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