About Us

EAM is a growth-oriented private equity firm.

We are building the pre-eminent lower mid-market technology-focused growth buyout firm. We aim to be the investor of choice for founders and growth-oriented executives seeking a partner who will support their vision for long-term profitable growth and the pursuit of operational excellence. We do so in a spirit of data-driven candor, hard work and partnership.

Our Focus

We focus entirely on Technology and Tech-enabled service companies.

EAM provides tailored capital solutions and strategic and operating support to companies with long term growth potential. We typically invest $25M to $100M of capital per company for growth equity or to support shareholder transitions.

Our Companies

We help exceptional companies grow.

EAM provides tailored capital solutions and strategic support to growing companies. We provide $25M to $100M of capital per company for growth equity and buyout transactions, with leverage levels tailored to each situation.

Evention

Financial automation software for hospitality, restaurants and retail

Mindoula

Tech-enabled behavioral health

MIVA

Ecommerce infrastructure software for retailers, distributors and wholesalers

PCMI

Warranty and service contract administration software

Our Team

We are known for creating value and forging lasting relationships with Founders and CEOs of market-leading companies.

Wendy Cebula>
Wendy Cebula

Wendy is an Operating Partner at EAM.

Wendy has a passion for helping to develop people, process and technology to create value for customers and to drive company growth. EAM has a focused investment strategy, strong and diverse team and a true partnership approach to working with portfolio companies.

Wendy has more than 30 years of hands-on experience in various leadership roles and has been a driving force in building high-growth education technology, e-commerce and financial services companies.  Her career includes serving as President and COO of edX, a prominent education technology company, where she played a pivotal role in shaping their business model. Wendy also spent 13 years at Vistaprint (now Cimpress) where she helped lead the company’s growth from $1 million to more than $1 billion in revenue, with several of those years as COO.

Wendy earned her B.S. in Finance from the Rochester Institute of Technology.

Tara Ciongoli>
Tara Ciongoli

Senior Advisor

Tara joined EAM in 2018 originally as COO, and now is a Senior Advisor. Prior to joining EAM, Tara spent nearly a decade in management consulting, business development, and professional development roles. Tara worked for the majority of her career as a consultant at McKinsey & Company, specializing in strategy, marketing, and organizational work for primarily financial services clients, before transitioning to professional development where she led firm training and people processes. She also worked in Business Development at Time Inc/ Time Warner.

Tara received her MBA from Harvard Business School, an AB in the School of Public and International Affairs from Princeton University.

Jeff Del Papa>
Jeff Del Papa

Jeff is Co-Founder and Managing Partner of EAM.

Jeff has been investing in private software companies for more than twenty years. His experience includes partnering with management teams to complete buyout, growth equity, carve out and take private transactions. Jeff started his private equity career at Summit Partners and also worked at Thoma Bravo and TA Associates, where he led and helped manage investments in software and services companies.

Jeff’s passion is working with product-led software companies and partnering with leadership teams and founders to provide growth support through EAM’s Investor-Operator strategy.

Jeff graduated from Babson College and has a MBA from Harvard Business School.

Andrew Hayes>
Andrew Hayes

Chief Financial Officer & Chief Compliance Officer

Andy joined EAM in 2020. Andy has over 18 years of experience serving private equity firms, funds and portfolio companies in various capacities.  Prior to joining EAM, he was an Audit and Transaction Advisory Partner in the Boston office of KLR, a Top 100 Accounting Firm, where he spent over 12 years of his career.  Andy also spent several years as a Controller on the finance team at Summit Partners, where he focused on firm and fund operations, financial reporting and strategic initiatives.  Andy holds a BS in Accountancy from Providence College, an MBA from Bryant University and is also a CPA.

Prior Firms
• KLR
• Summit Partners

Education
• Bryant University (MBA)
• Providence College

Oscar Loynaz>
Oscar Loynaz

Principal

Oscar joined EAM in 2018. Prior to EAM, Oscar spent three years at TA Associates, a global growth private equity firm, focusing on companies in the business services sector. At TA, Oscar was responsible for creating investment themes as well as sourcing and executing investment opportunities. Oscar began his finance career as an investment banking analyst at J.P. Morgan.

Oscar received his MBA from Harvard Business School and graduated from Princeton University with an AB in Economics, where he played varsity lacrosse. Oscar is actively involved with City Year, a non-profit organization focused on supporting communities and schools in Boston and other cities.

Prior Firms
• TA Associates
• J.P. Morgan

Education
• Harvard Business School
• Princeton University

Shawn McGowan>
Shawn McGowan

Shawn is an Operating Partner at EAM.

Shawn is a passionate operator and technologist. He is inspired by working with a collection of diverse and talented companies. He believes companies excel when they balance their focus on platform and product, operations, commercials, and culture. Shawn enjoys helping shape and promote this balance across the EAM portfolio, creating value for team members, customers and investors.

Shawn has more than twenty-five years of operating experience and has extensive experience in software and tech enabled service companies. Shawn has had roles as CTO, COO and CEO. Shawn was most recently CEO of Scribe Software.

Shawn graduated from Plymouth State College, Northeastern University (State of the Art, Computer Science) and Northeastern University Business School (MBA).

Elizabeth Pinto>
Elizabeth Pinto

Executive Administrator

Liz joined EAM in 2023. Previously, Liz spent 2 years with the Human Resources & Learning and Development team at Withers Bergman LLP, a global wealth planning and litigation law firm. She focused on employee life cycle management, performance appraisal processes, and benefits administration. Liz earned her undergraduate degree in Psychology from the College of Science at Virginia Tech.

Prior Firms
• Withers Bergman LLP

Education
• Virginia Tech

 

Tom Roberts>
Tom Roberts

Tom is Co-Founder and Managing Partner at EAM. Prior to EAM, Tom worked at Summit Partners for nearly 30 years, playing a central role in building Summit’s organization and its exceptional investment track record. During his tenure there, Tom served as Managing Partner, Executive Committee Member, and Investment Committee Member.  Tom also founded Summit’s Portfolio Performance Group and oversaw that group’s growth and success for nearly a decade.  During his career, Tom led dozens of investments for Summit, sitting on over 40 portfolio company boards during his tenure.

At EAM, Tom returns to his career roots of investing in founder-driven technology companies. EAM represents its founders’ shared vision of offering investors a concentrated portfolio of category leading high-growth technology companies while providing company founders and growth-oriented executives the exceptional level of support and partnership a small portfolio allows. EAM has assembled a world-class team, well-known to each other for decades, to pursue this vision.

Tom studied economics at Princeton University and earned his MBA from Harvard Business School.

Page Sadlier>
Page Sadlier

Director of Operations

Page joined EAM in 2018.  Page has over 18 years of experience working in business support roles at various financial services firms. Prior to EAM, Page worked with the Founder/CIO and Relationship Management team, with a focus on Investor Relations, at HighVista Strategies, an Investment Management Firm. Prior to HighVista, Page held similar roles at DRG and Columbia Threadneedle Investments. Page received a BA in Economics from Northeastern University.

Prior Firms
• HighVista Strategies
• DRG
• Columbia Threadneedle Investments

Education
• Northeastern University

Ben Tahmoush>
Ben Tahmoush

Associate

Ben joined EAM in 2023. Prior to EAM, Ben was an Investment Banking Analyst at Citigroup where he focused on software coverage. Previously, Ben held internship roles at Battery Ventures and Mucker Capital. Ben received a BBA from the University of Michigan – Ross School of Business.

Prior Firms

Citigroup

Education

University of Michigan

Michaela Thompson>
Michaela Thompson

Associate

Michaela joined EAM in 2022. Prior to EAM, Michaela held an internship at Battery Ventures where she focused on sourcing and executing investments in industrial technology.  Michaela received a BS from Boston College – Carroll School of Management.

Education

Boston College – Carroll School of Management

 

Our Highlights

  • Mar 18, 2021

    Mindoula Acquires 180 Health Partners and Its Strongwell™ Substance-exposed Living Platform

    Acquisition expands Mindoula’s suite of tech-enabled, outcome-driven population health management programs to include StrongWell™ Prenatal & Postpartum Care and Substance-exposed Living programs. Silver Spring, MD, March 18, 2021 –(PR.com)– Mindoula, a digital health innovator and market leader in the tech-enabled delivery of collaborative care and population health management programs for complex populations, today announced the acquisition

    Read Article
    March 18, 2021

    Mindoula Acquires 180 Health Partners and Its Strongwell™ Substance-exposed Living Platform

    Acquisition expands Mindoula’s suite of tech-enabled, outcome-driven population health management programs to include StrongWell™ Prenatal & Postpartum Care and Substance-exposed Living programs.

    Silver Spring, MD, March 18, 2021 –(PR.com)– Mindoula, a digital health innovator and market leader in the tech-enabled delivery of collaborative care and population health management programs for complex populations, today announced the acquisition of 180 Health Partners, a Nashville, TN based company, with a mission to positively impact the trajectory of substance-exposed lives.

    By combining personalized, interdisciplinary treatment with a relationship-based support ecosystem, the Strongwell programs developed by 180 Health Partners operate at the intersection of behavioral, medical, and social care. This proven collaborative model of care delivers better outcomes and achieves higher levels of engagement than traditional, non-hybrid models of support and care. The Strongwell(TM) behavioral health care teams, comprised of 24/7 tech-enabled counselors, peer advocates, nurses, and resource navigators, partner with Medicaid MCO’s, Commercial and Medicare Advantage Health Plans, and states through value-based partnerships both as a vendor and as a fully licensed and credentialed behavioral health provider.

    The StrongWell™ programs have reduced Prenatal & Postpartum Care (PPC) costs by more than 50% driven primarily by improved health outcomes for infants and improved PPC for mothers, resulting in an average savings of over $20,500 per baby. They have successfully reduced total cost of care by over 30% for all substance-exposed living populations driven primarily by reduced hospital admissions, readmissions, avoidable Emergency Department utilization, and increased adherence to MAT programs through 180 Health Partners’ established relationships with in-network MAT Clinics and MAT-waivered prescribers.

    By helping babies be born healthier, by helping mothers be better supported before and after giving birth, and by helping men and women with substance exposed lives address their challenges, the StrongWell™ programs positively impact current and future generations.

    “The 180 Health Partners team is excited to join forces with Mindoula in a way that will allow us to rapidly extend the reach of our StrongWell™ programs and accelerate our mission to provide solutions and services to populations with substance use and other behavioral health challenges,” said Justin Lanning, Founder & CEO of 180 Health Partners. “We founded 180 Health Partners with a vision of delivering the most comprehensive, integrated, and successful tech-enabled hybrid support and care programs in the world for SUD populations with complex challenges and Mindoula is the perfect home for our proven programs to grow and thrive.”

    “From our founding back in 2013, we have dedicated our company to serving populations with behavioral, medical, and social challenges across the continuum of care, including those who might otherwise be underserved, labeled, or left behind as a result of substance use challenges,” said Steve Sidel, Founder & CEO of Mindoula. “With 180 Health Partners’ focus on prenatal & postpartum care populations as well as substance exposed non-pregnant adolescent and adult populations, we realized we’d found in their suite of StrongWell™ programs a perfect complement to our collaborative care, interpersonal violence reduction, suicide prevention, and serious mental illness & comorbid medical programmatic interventions. We therefore couldn’t pass up the opportunity to merge with Justin’s terrific company and his amazing team.”

    As a result of the acquisition 180 Health Partners will operate as an entity under the Mindoula umbrella of companies that includes predictive analytics subsidiary Care at Hand, and psychiatry innovator, Axis Healthcare Group. 180 Health Partners will continue to offer its StrongWell™ programs on a standalone basis to health plans, governments, health systems, and providers. In addition, the StrongWell™ programs will now be available in a bundle with Mindoula’s other next-generation population health management programs. Justin Lanning will continue to lead 180 Health Partners as its President, and will join Mindoula’s senior leadership team as Chief Customer Officer to help the company advance its mission to transform behavioral healthcare worldwide.

    About Mindoula

    Mindoula (www.mindoula.com) is a next generation population health management company that scales the human connection through technology in addressing mind, body, and life challenges. It identifies, engages, and serves populations who might otherwise be left behind, and delivers tech-enabled, team-based, 24/7 support and care across the continuum of care. Mindoula’s adaptive data science approach, multi-platform technology stack, and virtual + in-person care extension teams enable its enterprise partners to achieve improved outcomes and significantly reduced costs by integrating behavioral, medical, and social determinants of health. Headquartered in Silver Spring, Maryland, Mindoula is currently operating in Maryland, Virginia, the District of Columbia, Nevada, Louisiana, West Virginia, California, Texas, Missouri, New Jersey, Michigan, Pennsylvania, and Florida, with continued national expansion plans to meet the growing need for integrated whole person care.

    About 180 Health Partners

    180 Health Partners’ (www.180healthpartners.com) mission is to research, define and provide solutions and services related to substance use and behavioral health challenges that help its clients deliver the most comprehensive, integrated and successful Care + Community programs in the world. Its flagship StrongWell™ programs can be found at www.iamstrongwell.com. Headquartered in Nashville, Tennessee, 180 Health Partners is currently operating in Tennessee, Kentucky, Texas, and Florida, partnering primarily with Medicaid MCO’s and States & Governments in serving substance exposed lives across the continuum of care.

    Contact
    Mindoula
    Kristi R. Stovall
    312.498.4078
    www.mindoula.com
  • Jan 17, 2021

    Leading Insurance Software Company PCMI Announces Investment From Equality

    Investment will Support Product Expansion and Client Acquisition

    Read Article
    January 17, 2021

    Leading Insurance Software Company PCMI Announces Investment From Equality

    Investment will Support Product Expansion and Client Acquisition

    January 19, 2021 – Park Ridge, IL– PCMI (Policy Claims Management International), a leading provider of administration software for the automotive, consumer and industrial warranty and service management markets announced its first equity investment from Boston-based growth equity firm, Equality Asset Management, and Chicago-based, First Analysis. Financial terms were not disclosed.

    PCMI offers a modern suite of software solutions for policy administration, claims management, risk management and the financial management of insurance products. PCMI’s customers include leading original equipment manufacturers, third party administrators, self-administrators and insurers who offer and manage warranties, service contracts and other finance and insurance products. Since inception, PCMI’s software has been used to administer more than 50 million policies and process more than 23 million claims.

    “In 2012, I saw the opportunity to introduce a modern, purpose-built software to a market that was underserved. Since then, we have worked tirelessly on our mission to build the most comprehensive administration platform in the market. Our passion for technology and commitment to continuous improvement has led us to become a leader in our industry” said Mark Nagelvoort, President & CEO of PCMI. “Equality Asset Management has a track record of investing in SaaS based companies within high growth markets and can provide operational expertise that will allow us to accelerate our growth initiatives. Their support will be invaluable as we continue to make innovations on our platform and expand product capabilities to meet the evolving business needs of our customers. I’m thrilled we have them as a trusted partner as we enter this exciting new phase of our journey.”

    “Mark and the leadership team and employees of PCMI have built a remarkable company. Their focus on product, deep understanding of their customers and markets and culture of innovation have been core to their success.” said Jeff Del Papa, Co-Founder and Managing Director at Equality Asset Management. “The market for warranty administration software is in an attractive upgrade cycle and PCMI is very well positioned with a complete, modern platform. We’re excited to work alongside this experienced team and to support PCMI’s expansion.”
    “PCMI is the demonstrated category leader, consistently delivering essential, high value solutions to customers. As consumer demands evolve, the need for flexible software will continue to increase across the F&I value chain” added Oscar Loynaz, Vice President at Equality.

    With this investment, PCMI will continue its focus on product expansion and client acquisition in North America and globally.
    First Analysis acted as the exclusive financial advisor to PCMI for the transaction. Winston & Strawn LLP acted as legal advisor to PCMI. Goodwin Procter LLP acted as legal advisor to Equality Asset Management.

    About PCMI Corporation
    PCMI offers a modular package of software solutions for the administration of F&I Products, Service Contracts, and Extended Warranties. PCMI’s SaaS platform, Policy Claim and Reporting Solutions™ (PCRS), supports and automates the full lifecycle of all aftermarket products and provides the most flexible environment for administrators, insurers, OEM’s, agents, and dealers to launch new products. Our global team enables continuous around-the-clock innovation and customer-focused support. Please visit www.pcmicorp.com for more information

    About Equality Asset Management
    Equality Asset Management is a growth-focused private equity firm. Equality provides equity capital and strategic and operating support to companies with long-term growth potential in the technology and tech-enabled healthcare sectors. With decades of investment experience and operating experience, the firm has earned a reputation for value-creation, serving as steadfast partners to Founders and CEOs. Equality is based in Boston. For more information, please visit www.equalityassetmanagement.com.

    Media Contacts:

    PCMI
    Mark Nagelvoort (mark.nagelvoort@pcmicorp.com) – 847.653.6916 ext. 100
    Laura Scahill (laura.scahill@pcmicorp.com) – 847.653.6916 ext. 115

    Equality Asset Management
    Tara Ciongoli (tciongoli@equalityam.com) – 617.290.2510
    Beatrice Broderick (bbroderick@prosek.com) – 857.301.6949

  • Jul 28, 2020

    Mindoula Announces Strategic Investment From Equality Asset Management

    Silver Spring, Maryland — Mindoula, a leading population health management company focused on transforming behavioral healthcare in the U.S., today announces it has secured a strategic investment from Boston-based growth equity firm, Equality Asset Management. Mindoula’s technology-enabled platform identifies, engages and serves patients with complex behavioral health, medical and social challenges across the complete continuum

    Read Article
    July 28, 2020

    Mindoula Announces Strategic Investment From Equality Asset Management

    Silver Spring, Maryland — Mindoula, a leading population health management company focused on transforming behavioral healthcare in the U.S., today announces it has secured a strategic investment from Boston-based growth equity firm, Equality Asset Management.

    Mindoula’s technology-enabled platform identifies, engages and serves patients with complex behavioral health, medical and social challenges across the complete continuum of care. The company specializes in populations with behavioral health challenges and comorbid medical conditions, specialty populations such as victims of interpersonal violence, as well as those who benefit from behavioral treatment in a primary care setting or within their communities.

    “As we continue to execute on our mission to transform behavioral healthcare, we are excited to bring on a partner who shares our vision,” says Mindoula Founder and CEO Steve Sidel. “We are impressed by the deep investment experience, healthcare expertise, and collaborative approach of Tom Roberts and the entire Equality team, and we look forward to our growth together.”

    Since its founding in 2013, Mindoula has rapidly grown its partnerships with health plans, health systems, primary care practices and hospitals, to improve population health, enhance patient care, and reduce the total cost of healthcare in pre-acute, post-acute and acute settings, as well as in transitions of care.

    “Mindoula’s accelerating growth is a testament to the company’s mission-driven and passionate management team, its best-in-class technology platform and around-the-clock synchronous support model,” says Tom Roberts, Founder and CEO of Equality Asset Management. “We look forward to actively partnering with Mindoula to support its continued rapid growth and its mission to address behavioral health challenges for patients in significant need across the continuum of care.”

    Zeigler acted as the exclusive financial advisor to Mindoula for the transaction. Cooley LLP acted as legal advisor to Mindoula.  Ropes and Gray LLP acted as legal advisor to Equality.  Existing institutional investors, AXA Venture Partners and Morgan Noble Healthcare Partners, also participated. Terms of the transaction were not disclosed.

     

    About Mindoula   

    Mindoula is a leading population health management company that scales the human connection through technology to address mind, body, and life challenges.  Mindoula identifies, engages, and serves populations that might otherwise be overlooked or left behind, and delivers tech-enabled, team-based, 24/7 support across the continuum of care.  Mindoula’s adaptive data science approach, multi-platform technology stack, virtual Collaborative Care Program, and virtual + in-person care extension solutions enable its enterprise partners to achieve improved outcomes and significantly reduce costs by integrating behavioral, medical, and social determinants of health.  Headquartered in Silver Spring, Maryland, Mindoula currently operates in Maryland, Virginia, the District of Columbia, Nevada, Louisiana, New Jersey, Michigan, Florida, Texas, Georgia, Pennsylvania, Mississippi, and California with national expansion plans to meet the growing need for integrated whole person care.  For more information, please visit www.mindoula.com.

     

    About Equality

    Equality Asset Management is a growth-focused private equity firm with a mission to help build exceptional companies. Equality provides equity capital and strategic and operating support to companies with long-term growth potential in technology and tech-enabled healthcare. Equality typically invests $25 million to $150 million of capital per company for growth equity or to support shareholder recapitalizations. The firm is based in Boston.

     

    Media Contacts

    Mindoula                         

    Aileen Kantor (Aileen.Kantor@mindoula.com) – 301.537.8996

     

    Equality Asset Management

    Beatrice Broderick (bbroderick@prosek.com) – 857.301.6949

    Tara Ciongoli (tciongoli@equalityam.com) – 617.290.2510

Contact Us

Boston
888 Boylston Street
Suite 500
Boston, MA 02199
Get Directions

Please contact us to learn more about Equality Asset Management.