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Coalesce Capital Acquires Leading Healthcare IT and Business Solutions Provider DAS Health

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NEW YORK and TAMPA, Fla., May 27, 2025 /PRNewswire/ — Coalesce Capital (“Coalesce”), a private equity firm focused on investing in human capital-driven and technology-enabled services companies, today announced it has acquired a majority stake in DAS Health Ventures (“DAS Health”), a leading provider of healthcare IT and business solutions. Sheridan Capital Partners (“Sheridan“), which invested in DAS Health in 2021, will retain a minority ownership position and continue to support the company’s growth.

DAS Health provides a comprehensive suite of IT, cybersecurity, revenue cycle management, and business solutions to thousands of healthcare organizations across North America, streamlining workflows, increasing productivity, and improving patient care. Coalesce will support DAS Health’s growth by investing in technology, talent, and strategic acquisitions, further strengthening the company’s ability to deliver value to healthcare organizations.

“We are thrilled to welcome Coalesce Capital as we embark on this next chapter for DAS Health,” said Michelle Jaeger, President & CEO of DAS Health. “Their investment underscores our commitment to delivering innovative solutions that help healthcare organizations operate more efficiently and improve patient care. With Sheridan’s continued support, we are well-positioned to broaden our reach and help even more providers achieve operational excellence and better outcomes.”

“As healthcare organizations face growing challenges in patient data management, regulatory compliance, and operational demands, DAS Health stands out as a trusted partner solving these critical pain points,” said Stephanie Geveda, Founder & Managing Partner at Coalesce Capital. “We are excited to invest in DAS Health, whose proven track record for delivering reliable, mission-critical solutions has already improved care for over 15 million patients. We look forward to supporting their continued growth.”

“DAS Health’s achievements reflect the dedication of Sheridan and the entire DAS Health team, who have built a platform that addresses the most urgent needs of healthcare providers,” added Austin Heiman, Managing Director at Coalesce Capital. “We are excited to partner with Sheridan and the team to broaden their solutions and continue to help providers navigate the increasingly complex healthcare technology landscape.”

“Since partnering with DAS Health in 2021, we have seen the company significantly expand its solutions and deliver increasing value to a growing client base,” said Jonathan Lewis, Partner at Sheridan. “We are proud of the DAS Health team’s progress and look forward to supporting their continued expansion alongside Coalesce to deliver even more impact for healthcare organizations.” 

Houlihan Lokey served as financial advisor and McDermott Will & Emery LLP served as legal advisor to DAS Health and its shareholders. Lazard served as financial advisor and Latham & Watkins, LLP served as legal advisor to Coalesce Capital. Financial terms of the transaction were not disclosed.

About DAS Health 
DAS Health is a leading provider of healthcare IT and business solutions to independent and enterprise physician groups and healthcare systems across North America. Headquartered in Tampa, FL with regional offices in 15 US states and Canada, and an employee presence in 6 Canadian provinces and over 35 US states, DAS delivers managed IT services, cybersecurity, cloud hosting, revenue cycle management, value-based care, patient engagement, compliance, and practice management solutions impacting over 15 million patients nationwide. For more information, please visit www.dashealth.com.

About Coalesce Capital 
Coalesce Capital is a private equity firm that partners with entrepreneurs and management teams to build enduring value around differentiated businesses. Coalesce has over $1.4 billion of regulatory assets under management and is dedicated to investing in human capital-driven and technology-enabled services companies. The firm’s growth-oriented investment philosophy centers around its conviction that people are the most important ingredient of value creation. Coalesce leverages its sector expertise, strategic resources and capital to collaborate with management teams to create shared success. For more information, please visit www.coalescecap.com. Follow Coalesce on LinkedIn: @Coalesce.

About Sheridan Capital Partners
Sheridan Capital Partners is a Chicago-based healthcare private equity firm that focuses on lower middle market buyouts and growth equity in the U.S. and Canada. Sheridan partners with companies in the verticals of providers and provider services, healthcare IT and outsourced services, and consumer health and medical products, and strives to bring strategic resources to accelerate growth, build enduring value, and achieve strong results. For more information, please visit www.sheridancp.com.

Media Contact
Ed Trissel / Sarah Salky / Kate Thompson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
Coalesce-JF@joelefrank.com

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SOURCE Coalesce Capital

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Osstem Implant Accelerates Innovation in India with ‘Denall TV’, a Digital Dental Education Hub

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Over the past two years since its launch in April 2024, Denall TV has become a core platform for digital dental education in India.Opened a dedicated Denall Studio in India in July 2025, strengthening live hands-on and professional training programs.Supporting the professional growth of clinicians through practical content, including ‘Master Courses’ and ‘Product Reviews’.

NEW DELHI and MUMBAI, India, June 15, 2026 /PRNewswire/ — Osstem Implant announced that its specialized dental education platform for the Indian market, ‘Denall TV’ (https://in.denall.com), is gaining significant traction among local practitioners, establishing itself as a vital hub for digital dental education in India.

 Building a Comprehensive Digital Clinical Education Environment

Since launching its first content in April 2024, Denall TV has continuously evolved to meet the needs of Indian clinicians. To provide more immersive and high-quality education, Osstem Implant established a dedicated Denall Studio in India in July 2025. This facility has enabled the creation of a systematic digital clinical education environment, overcoming geographical limitations for dentists across the country.

Providing High-Quality, Practice-Oriented Clinical Content

The platform focuses on promoting ‘Digital Dentistry’ through specialized ‘Digital Surgery’ education and providing accurate product information. Denall TV consistently uploads essential clinical content, including: Live Hands-on sessions, Practical Master Courses, Expert product reviews featuring items such as the T2 Plus and 122 Taper KIT, helping clinicians make informed decisions for their practices.

Strengthening Trust as a Strategic Education Partner

Professional clinical courses have become a major topic of interest among local medical professionals. Notably, the ‘Implant System Introduction’ lecture has surpassed 25,000 views, proving the platform’s high influence. This achievement signifies that Osstem Implant has successfully established itself as a trusted education partner in the Indian market, going beyond its role as a manufacturer.

Bridging Global Trends and Improving Educational Accessibility

Osstem Implant connects local practitioners with global academic networks. The platform provides timely content from global academic events such as the ‘2026 Osstem World Meeting in Bangkok’, sharing the latest implant trends and technological advancements with the Indian dental community. By offering online access, Denall TV effectively bridges the educational gap for dentists in regions where offline seminars are difficult to attend.

An official from Osstem Implant India stated, “Denall TV serves as a key bridge, delivering world-class clinical knowledge to local dentists. We will continue to strengthen our real-time interactive webinars to provide deeper clinical insights.” The official added, “We are committed to driving both the quantitative and qualitative growth of the Indian dental implant market through the continued provision of high-quality educational content.”

Moving forward, Osstem Implant plans to enhance its B2C PR strategies centered around the Denall TV platform and lead the popularization of digital dental treatment in India through close communication with local practitioners.

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Avalara’s Bhumika Kenjale Receives Excellence in AI-Driven Tax Automation Solutions 2026 Award

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Recognition honors leadership in AI-powered compliance innovation and contributions to the future of global tax automation

PUNE, India, June 15, 2026 /PRNewswire/ — Avalara, Inc., the agentic AI leader in global tax and compliance, is proud to announce that Bhumika Kenjale, Director of Indirect Tax, has been honored with the Excellence in AI-Driven Tax Automation Solutions 2026 award at the Bharat 2.0 Conclave. The award recognizes leaders driving AI-led transformation in tax and compliance through innovation, technical expertise, and strategic vision that is shaping the future of the industry.

“We are immensely proud of Bhumika and the impact she continues to have on the global tax and compliance landscape,” said Dulles Krishnan, General Manager of India Operations at Avalara. “Her ability to combine deep regulatory expertise with AI innovation reflects the very essence of Avalara’s mission. This recognition highlights her exceptional leadership and the meaningful contributions she has made for Avalara, our customers, and the broader tax and compliance community.”

Kenjale has been instrumental in building the AI-driven infrastructure that powers seamless global compliance. Under her leadership, Avalara’s India Tax Research and Technology Capability Centre has expanded significantly, operating on an AI-first model with advanced automation to deliver highly accurate tax content at scale.

She also serves as a global Co-Chair of Women of Avalara, Avalara’s employee resource group, championing opportunities for women in technology and ensuring the next generation of women see a clear path to technology leadership.

About Avalara
Avalara is the agentic AI platform for global tax and compliance. For more than two decades, Avalara has built one of the most expansive libraries of tax content and integrations in the industry, processing more than 54 billion transactions annually and supporting millions of businesses worldwide. The company’s purpose-built AI agents automate end-to-end compliance with greater precision, from tax calculations and return filings to exemption certificate management and beyond. For more information, visit Avalara.com.

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From Waste to Value: How Jereh Builds the Circular Ecosystem for Batteries

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YANTAI, China, June 14, 2026 /PRNewswire/ — As electric vehicles and energy storage systems scale globally, a critical challenge has emerged: how to manage millions of batteries at the end of their life cycle.

The EU Battery Regulation and similar frameworks are imposing stricter mandates for recycled material content, carbon footprint disclosure, and end-of-life responsibility. Battery recycling has evolved from an environmental compliance duty to a strategic cornerstone of critical material security, supply chain resilience, and the energy transition.

One question remains: can compliant battery recycling be both sustainable and commercially viable?

For Jereh, the answer lies in its intelligent battery recycling demonstration facility in Zhengzhou, China. Since commissioning, the plant has processed more than 15,000 tons of raw feedstock, maintained a utilization rate above 80%, and achieved profitability within its first year of operation. Both the black mass recovery rate and purity exceed 98%, while copper and aluminum separation efficiency reaches up to 96%, underscoring the viability of industrial-scale battery recycling.

This facility served as the validation platform for Jereh’s Lithium Battery Recycling Equipment 1.0. Building on real-world operating data, Jereh has developed its next-generation Lithium Battery Recycling Equipment 2.0 and introduced its LFP Cathode Material Regeneration Solution, further enhancing the value recovery of end-of-life batteries.

The upgraded 2.0 equipment increases single-line annual capacity by 50% while improving operational safety, efficiency, and environmental performance. Meanwhile, the LFP regeneration solution reduces processing costs by 40% through a dry physical process, achieves up to 95% stripping efficiency, eliminates wastewater discharge, and cuts carbon emissions by around 60%.

Beyond technology development, Jereh is expanding its global battery recycling footprint through localized partnerships across South Korea, Australia, Hungary, and the United States. Following the successful 1.0 validation in Zhengzhou, the 2.0 equipment in Guangzhou and Chongqing is expected to commence operations in the coming weeks, with plans for further deployment in overseas markets. Recently, Jereh also signed an agreement with Witthal Gulf to jointly develop a benchmark lithium battery recycling project in Abu Dhabi. The project marks another milestone in Jereh’s efforts to support the development of sustainable battery recycling infrastructure worldwide.

Jereh also contributes to the development of battery recycling standards and safety frameworks, supporting a more mature and transparent recycling ecosystem. For Jereh, the goal is clear: transform retired batteries from waste into valuable resources and help close the loop across the global battery value chain.

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SOURCE Jereh Group

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