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STRATEGIC  |  HEALTHCARE
AUGUST 12, 2026
Acentra Health (Carlyle) acquires FEI Systems
TARGET
FEI Systems
Cloud-based behavioral health EHR, LTSS case management, and Medicaid enterprise software for state and federal health and human services agencies.
OwnershipFounder-owned
Headcount~500 FTEs
HeadquartersColumbia, Maryland
Leadership
Craig Steffen, Chief Executive Officer
Sell-side advisor
ACQUIRER
Acentra Health
government health technology company providing Medicaid enterprise systems, care management, and clinical solutions to state and federal agencies
OwnershipPE-backed
ParentCarlyle
Investors
Capital raised$722M
Headcount2,846 FTEs
HeadquartersMcLean, Virginia
Leadership
Todd Stottlemyer, Chief Executive Officer
Buy-side advisor
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