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SuperTruth Acquires imaware and Enables Future Of Reliable AI Data Management and Better Health Outcomes

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2 years ago

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Real-time information aligns with first-party diagnostics to remediate data decay and reveal pristine insights into medical information

NEW YORK, Dec. 18, 2024 /PRNewswire/ — SuperTruth, a first-party data company focused on developing and augmenting technology and catalyzing investment where innovation and data intersect, announced today the acquisition of imaware, a leader in at-home testing and the insight infrastructure that powers health and wellness brands. With this acquisition, SuperTruth will empower enterprise-focused systems to enable patients and businesses in the healthcare industry to understand and manage data in more accurate and impactful ways.

SuperTruth’s platform unifies fragmented health data by centralizing and classifying first-party information into a single, structured source of truth. This approach enables proactive health management and is a marketplace for anonymized, person-controlled health data. According to McKinsey, data-related inefficiencies cost the U.S. healthcare system over $265 billion annually.

“At its core, SuperTruth enables companies to unlock the full value of their data through meticulous data cleaning and orchestration, ensuring that AI models operate on the most accurate and relevant information available. Studies show that high-quality data can improve AI model accuracy by up to 40%, significantly enhancing early disease detection and care coordination,” said Jason Alan Snyder, co-founder of SuperTruth. “SuperTruth transforms raw data into actionable insights, reducing the friction from poor data quality and empowering AI models to function at their highest potential. Ensuring AI systems are built on meticulously structured, high-quality data enables organizations to achieve superior decision-making and drive global advancements in health, wellness, and beyond.”

“As a holding company, we operate a hub-and-spoke model where we can own the technology, enhance the ecosystem, and invest in complementary and cutting-edge companies, like imaware, to transform the digital health and data landscapes,” Bobby Hill, co-founder of SuperTruth. “Imaware powers the first step towards a positive health outcome; testing, revealing data an individual contributes to the ecosystem of care for themselves and potentially others. SuperTruth is a healthcare business enabler, ensuring  operational data excellence that leads to the long-term determination of macro and micro-trends within the community, efficiency gains, and cost reductions.”

The United States spends the most per patient on healthcare but has below-average health outcomes, with less than 8% of the spending on disease prevention. Fragmented health data hinders a comprehensive understanding of individuals’ health, causing inefficiencies like resource waste, delayed disease diagnosis, and less-than-ideal healthcare delivery. Many companies have embraced AI without prioritizing the organization and accuracy of their patient data, leading to data decay and inaccuracies.  

SuperTruth is a strategic holding company that integrates complementary businesses like imaware to accelerate innovation and value creation. SuperTruth ensures aligned growth across its ecosystem through shared infrastructure and investments, driving operational excellence and transformative outcomes in healthcare.

“imaware is the industry standard when it comes to at-home testing, and with SuperTruth, we’re creating an ecosystem where our superior data enables better diagnoses and predictions of disease outbreaks, leading health outcomes across patients, communities, providers and insurers,” Brodie Flanders, CEO of imaware. “By combining SuperTruth’s data infrastructure with imaware’s diagnostic precision, the collaboration transforms healthcare intelligence—enabling early detection of diseases, personalized interventions, and predictive analytics to identify emerging health trends at individual and community levels, providing the crucial intelligence to intervene before endemics reach consequential scale.”

The demand for integrated health solutions will reach $73.8 billion by 2030 (Palantir: AI-powered data analysis). It is becoming increasingly clear that clean data results in more accurate models and faster training, significantly reducing AI hallucination outputs.  

SuperTruth transforms raw data into actionable insights, reducing the friction from poor data quality and allowing AI models to function at their highest potential. In short, SuperTruth provides the infrastructure for companies to maximize their AI investments by ensuring data quality is never a barrier to productivity.  By integrating SuperTruth’s capabilities with companies in its ecosystem, organizations can achieve the same automation and optimization that Amazon has realized but tailored to their unique datasets and business models.

SuperTruth and imaware are redefining how healthcare organizations harness AI and diagnostics to turn clean, actionable data into life-saving insights—paving the way for a healthier, data-empowered future.

About SuperTruth 
SuperTruth is a first-party data management company that optimizes health data for AI-powered innovation. By cleaning, structuring, and orchestrating data, SuperTruth empowers organizations to unlock insights that drive better decisions, outcomes, and operational efficiency. Learn more at supertruth.ai.

About imaware
imaware, a Texas-based health platform, delivers precise at-home diagnostic testing to help individuals take control of their health. With over 15 tests—from cardiovascular health to autoimmune conditions—imaware combines innovation and convenience to provide actionable, life-changing insights. Visit imaware.health for more information.

Headquartered in Texas, imaware is a digital health platform that offers advanced at-home blood tests that empower people to take control of their health. With over 15 tests, including screening for Covid-19, imaware has provided an essential healthcare service to thousands of Americans for conditions such as cardiovascular disease, prostate cancer, and autoimmune disorders. For more information, visit imaware.health.

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SOURCE SuperTruth

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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7 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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7 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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7 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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