Denver, CO – May 13, 2025 – Crest Rock Partners (“Crest Rock”), a Denver-based private equity firm investing in lower middle market software, technology, services and manufacturing businesses, today announced a strategic growth investment in Productive Programming Inc. (“PPi” or the “Company”). The investment will enable PPi to accelerate product development and continue expanding its Care Compass software and service solutions to customers nationwide. PPi’s founder and executive team invested alongside Crest Rock.
Founded in 1996 and headquartered in Verona, WI, PPi provides software and tech-enabled services including care management software, electronic health records (“EHR”) software, claims processing software, and third-party administrator (“TPA”) services to healthcare and benefits programs across the United States. PPi’s Care Compass software platform provides an end-to-end solution for customer needs across patient management, provider management, regulatory reporting, CRM, and claims processing. Their customers span Medicaid and Medicare funded programs like PACE, MLTC, and ACO REACH, as well as privately managed benefits organizations. These customers are healthcare payors and providers responsible for the long-term care of elderly, at-risk, disadvantaged and/or underserved populations – a critical and growing need in society. The Company plans to expand its software and service offerings while continuing to drive innovation and AI/ML capabilities inside its Care Compass platform, the industry’s only full-service platform built from the ground up as a single application.
"We are thrilled to work with Crest Rock to help grow our business," said Eric Ripp, Founder & CEO at PPi. "When we began this process, we were looking for a partner whose culture and investment approach was aligned with our vision and values, and found Crest Rock to be the perfect fit. Their prior experience in the healthcare IT space will help us make appropriate investment decisions to support all areas of our business as we continue to expand our offerings across multiple end markets. We’re eager to bring new ideas and offerings to our current and future customers across every market we serve today.”
“PPi’s flexible and robust Care Compass platform, a single application delivering end-to-end functionality with a white glove service model, offers an exceptional customer experience” commented Jeff Carnes, co-founder and Partner at Crest Rock. “In a value-based care model, Care Compass is essential for delivering effective and efficient solutions across diverse demographics. We aim to set the standard for how technology can enable organizations to improve healthcare delivery to vulnerable populations across the US. We couldn’t be more excited to work with the PPi team, and their customers and partners, to make this vision a reality.”
About Crest Rock Partners
Crest Rock Partners is a Denver-based private equity firm focused on the lower middle market. Founded in 2019, the firm seeks investment opportunities where it can leverage its principals’ extensive operating and investing experience to help companies execute their strategic growth initiatives. Through the team’s completion of over 65 acquisitions, divestitures, mergers, and integrations, Crest Rock has developed a differentiated investment process and partnership approach, working with management, founders, and other shareholders to establish alignment and achieve mutual objectives. Crest Rock targets control investments across multiple industry verticals, including software, technology, IT services, tech-enabled business services, manufacturing, and industrial services with enterprise values ranging from $20 million to $200 million. For more information about Crest Rock, please visit www.crestrockpartners.com.
About Productive Programming Inc.
Founded in 1996 and headquartered in Verona, WI, PPi is built upon the passion and dedication for helping support the best care management programs and their members. PPi’s Care Compass platform is integrated and customizable software to help administer team-based, long-term care management services. The platform helps with patient care management, provider management, claims processing, regulatory reporting and more. PPi serves healthcare programs, including PACE, MLTC, and ACO REACH, in addition to benefits organizations across the United States. Learn more at www.ppi.com.