Patrick Strubbe, Womble Team Counsel Frontier Growth in Sale of AccessOne to Phreesia

Congratulations to Frontier Growth! The Womble Bond Dickinson client recently closed the sale of its portfolio company AccessOne to Phreesia.

A Womble Bond Dickinson team led by Patrick Strubbe guided Frontier Growth in this transaction. Attorneys Patrick Allen, D. Scott Anderson, Tara Cho, Andy Coburn, Matt Homan, Afzal Karim, Yuechu Li, Shelby Martin, Richard Rainey, Jake Rifkin, Kristen Tieman, Mike Tobin, Volod Usov, and Mark Wiley also participated in this successful $160 million deal.

AccessOne is a market leader in providing financing solutions for healthcare receivables, working with some of the largest health systems in the U.S. AccessOne takes minimal credit risk and offers healthcare providers a scalable, compliant and operationally efficient tool that improves collections without undermining patient trust. AccessOne currently manages a receivables portfolio of approximately $450 million.

Click here to read Phreesia’s press release on this transaction.

Patrick and many of the same team members also recently guided Frontier Growth in the sale of its portfolio company Dinova, Inc. to Buyers Edge Platform.

About Frontier Growth
Founded in 1999, Frontier Growth is a growth equity investment firm based in Charlotte, North Carolina that provides tailored support and resources to help drive sustainable growth and scalability. Frontier's people first philosophy to investing is founded upon putting people before numbers—a belief that it's the people around the table, collaborating together, that make the difference in driving innovation and growth.