WindRose Health Investors invests in Avalon Healthcare Solutions

● GROWTH | HEALTHCARE · Payer & Population Health

JANUARY 12, 2026

WindRose Health Investors invests in Avalon Healthcare Solutions (Francisco Partners)

TARGET

Avalon's Diagnostic Insights Platform manages routine and genetic lab test benefits, enforcing evidence-based clinical policies in real time on behalf of health plan clients.

Ownership	PE-backed · Francisco Partners (prior owner); Francisco Partners, WindRose Health Investors, Health Care Service Corporation (HCSC Ventures), Mosaic Health Solutions, Blue Cross and Blue Shield of South Carolina
Capital raised	$95.8M
Headcount	290 FTEs
Headquarters	Tampa, Florida
Leadership	Bill Kerr, CEO
Sell-side leads	Ezra Perlman, Co-President (Francisco Partners)
Sell-side advisor	William Blair

INVESTOR

WindRose Health Investors

Healthcare-focused private equity firm

Headquarters	New York, New York
Deal team	David Pontius, Partner
Buy-side advisor	—

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WindRose Health Investors -> Avalon Healthcare Solutions  (2026-09-18)
growth_investment | Healthcare | announced
Target: Avalon's Diagnostic Insights Platform manages routine and genetic lab test benefits, enforcing evidence-based clinical policies in real time on behalf of health plan clients.
Website: avalonhcs.com | Buyer site: windrose.com
HQ: Tampa, Florida | Ownership: pe-backed | Seller: Francisco Partners
Advisors - Sell-side: William Blair
Source: Thematic - https://thematichq.com/software/d/windrose-health-investors-avalon-healthcare-solutions.html

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