BV Investment Partners has announced it has invested in Imagenet.
Imagenet, founded in 2000 and based in Kent, Wash., is a provider of back-office support technology and tech-enabled outsourced services to U.S. healthcare plans.
BV, based in Boston, is a middle market private equity firm focused on the tech-enabled business services, software and IT services sectors. The firm invests a minimum of $40 million for majority or minority positions in companies with average EBITDA between $5 million and $20 million.
Terms of the investment were not disclosed.