Evolution Capital Partners has acquired Health Technologies, according to a news release.
Health Technologies, based in St. Louis, Mo., is a provider of consulting dietitians, menus and food-service software to long-term care communities, small acute care hospitals and other companies. Founded in 1994, the company states it provides services to more than 2,500 healthcare communities across 40 states.
Evolution Capital Partners, based in Cleveland, Ohio, is a small-business private equity firm that invests in growing micro-market companies generating at least $500,000 of EBITDA. Founded in 2005, Evolution seeks to invest between $3 million and $10 million in companies within the healthcare services and several other industries.
Terms of the acquisition were not disclosed.