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Goldman Sachs invests in Credible

June 2, 2015
by Julie Miller
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Reflective of the growing institutional investment in the field of behavioral healthcare, Goldman Sachs has made a $30 million minority investment in Credible Behavioral Health, Inc, an electronic health record and practice-management software company.

According to Credible, the investment will allow the company to accelerate product development, build out its sales and marketing team, and opportunistically pursue acquisitions. Its platform currently is installed in 22 states and the District of Columbia. Financial terms of the transaction were not disclosed.