Friday, October 23, 2009

Frontier Cap exits health IT, data cos.

Maybe now that Charlotte, N.C.-based Frontier Capital has exited Peak10 and Anodyne Health Partners (announced yesterday), it'll have more cash to shop Tennessee companies, per its plans announced nearly a year ago, before the recent economic unpleasantness. At left is Seth Harward, Frontier's dealflow developer, who occasionally visits Music City. Anodyne was bought by Waterown, Mass.-based Athena Health,which is in the EHR and practice-management space. Frontier's share of Peak10 was taken out by Omaha-based McCarthy Group LLC.

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