Pleasant Land, a tech-focused private equity firm, has acquired two healthcare services and technology companies Livanta and DOMA Technologies to develop a new healthcare technology platform.
DOMA, now part of Pleasant Land’s 2024 equity portfolio, delivers technology-driven success for federal healthcare.
Specialising in cloud-based document management, quality patient care, and healthcare systems transformation, DOMA’s solutions optimise data extraction, analytics, and automated workflows to improve efficiency and care delivery.
Livanta is a technology-driven organisation that enhances the patient and caregiver experience across the healthcare system.
Specialising in software development, advanced analytics, programme integrity, and quality improvement, Livanta supports key aspects of healthcare journeys to drive better outcomes.
Pleasant Land founder and managing partner Gavin Long said: “By bringing these two businesses together, we have created a leading middle-market business of significant size and scale with a unique, unrestricted contractual profile.
“We are well positioned to thrive in an increasingly tech-driven healthcare landscape.”
This acquisition strengthens Pleasant Land’s commitment to transforming healthcare with advanced technology, including artificial intelligence (AI)-driven decision-making and clinical expertise.
The deal provides Livanta and DOMA Technologies with capital and a path for advanced technology development.
By integrating AI-powered solutions, the combined company aims to enhance healthcare delivery, improve quality oversight, and extract valuable insights from vast unstructured health data.
As per the agreement, DOMA Technologies founder Pat Feliciano will be the CEO of the combined entity and will be headquartered in Virginia Beach, Virginia.
Feliciano said: “Pleasant Land is the right partner for us; we have access to resources and capital we did not have before.
“We are in an even better position to tackle some of the most pressing challenges in healthcare.”
Pleasant Land has merged Livanta and DOMA Technologies to create AI-powered decision-making tools transforming healthcare.
By integrating secure, new technology, the combined business will optimise processes, personalise patient care, and automate tasks like clinical data management and decision-making.
Livanta executive director Lance Coss said: “With rising healthcare costs, increasing provider burnout and a daunting shortage of nurses, we believe there is a clear opportunity to leverage AI-enabled decision-making to create solutions that equip healthcare workers to work more efficiently and effectively.”
KippsDeSanto & Co. advised DOMA Technologies, while G Squared advised Livanta on the transaction.
