About HCTec
HCTec is a company based in Franklin (United States) founded in 2010 was acquired by Snow Phipps in December 2012.. The company has 384 employees as of December 31, 2021. HCTec has completed 2 acquisitions, including HCTec and Partner Professional Solutions. HCTec offers products and services including IT Staffing, Managed Services, and Professional Services. HCTec operates in a competitive market with competitors including Medicus IT, Cognosante, Osana Salud, Xylo Technologies and Palta, among others.
- Headquarter Franklin, United States
- Employees 384 as on 31 Dec, 2021
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hctec Partners
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
384
as on Dec 31, 2021
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Investments & Acquisitions
HCTec
& 1 more
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Acquired by
Snow Phipps
(Dec 01, 2012)
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Products & Services of HCTec
HCTec offers a comprehensive portfolio of products and services, including IT Staffing, Managed Services, and Professional Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers experienced IT talent for healthcare projects and contracts.
Provides customized solutions for essential IT functions and security.
Delivers support for EHR implementations and go-live assistance.
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Funding Insights of HCTec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HCTec
HCTec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TruArc Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are managed for middle market companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HCTec
HCTec has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HCTec and Partner Professional Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Healthcare IT services are provided to clients by Talon.
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2014 | ||||
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HR recruitment services are provided in Cincinnati, United States.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HCTec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hctec Comparisons
Competitors of HCTec
HCTec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Medicus IT, Cognosante, Osana Salud, Xylo Technologies and Palta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
IT suite services are provided to the healthcare industry.
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| domain | founded_year | HQ Location |
Data science, IT tools, and infrastructure services are provided.
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| domain | founded_year | HQ Location |
Healthcare infrastructure services are delivered via API connections.
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| domain | founded_year | HQ Location |
Healthcare, managed, and IT outsourcing services are provided.
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| domain | founded_year | HQ Location |
Healthcare technology services are provided by Palta across various platforms.
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| domain | founded_year | HQ Location |
Digital solutions for medical record release and audits are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hctec
Frequently Asked Questions about HCTec
When was HCTec founded?
HCTec was founded in 2010.
Where is HCTec located?
HCTec is headquartered in Franklin, United States.
How many employees does HCTec have?
As of Dec 31, 2021, the latest employee count at HCTec is 384.
What does HCTec do?
HCTec was founded in 2010 and is headquartered in Franklin, United States. Operations are centered on the healthcare sector, where IT and health information management (HIM) resources and solutions are delivered to organizations. Services include staffing and technology support tailored for healthcare needs, with a focus on efficiency and compliance. The company serves clients primarily within the United States, supporting digital transformation in medical environments.
Who are the top competitors of HCTec?
HCTec's top competitors include Cognosante, Medicus IT and Palta.
What products or services does HCTec offer?
HCTec offers IT Staffing, Managed Services, and Professional Services.
How many acquisitions has HCTec made?
HCTec has made 2 acquisitions, including HCTec, and Partner Professional Solutions.
Who are HCTec's investors?
HCTec has 1 investor. Key investors include TruArc Partners.
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