WJRJJ Ventures take a minority stake in HealthStream

● GROWTH | HEALTHCARE · Care Staffing & Workforce

SEPTEMBER 15, 2026

WJRJJ Ventures, LLC take a minority stake in HealthStream, Inc.

TARGET

Workforce development, learning management, credentialing, and scheduling SaaS for hospitals, health systems, and other healthcare provider organizations across the United States.

Deal value	$40M gross proceeds
Revenue	$304.1 million (FY2025)
Ownership	Publicly traded
Headcount	1,001–5,000 FTEs
Headquarters	Nashville, Tennessee
Sell-side advisor	—

BUYERS

WJRJJ Ventures, LLC

personal investment vehicle of Willis Johnson, founder and chairman of Copart, Inc.

Ownership	Private individuals
Buyers	WJRJJ Ventures, personal investment vehicle of Willis Johnson, founder and chairman of Copart, I
Buy-side advisor	—

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WJRJJ Ventures, LLC -> HealthStream, Inc.  (2026-09-18)
minority_investment | Healthcare | $40 million gross proceeds | closed
Target: Workforce development, learning management, credentialing, and scheduling SaaS for hospitals, health systems, and other healthcare provider organizations across the United States.
Website: healthstream.com
HQ: Nashville, Tennessee | Ownership: public | Buyer ownership: individuals
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/wjrjj-ventures-llc-healthstream-inc.html

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