Vastian, a provider of quality management software for hospitals and clinical laboratories, has received a strategic growth investment from Bregal Sagemount, alongside continued backing from existing investor Silversmith Capital Partners, as the company looks to accelerate product development and expand its commercial reach across healthcare markets.
The investment is aimed at supporting Vastian’s next phase of growth as healthcare organizations face increasing pressure to streamline compliance workflows, consolidate systems, and manage complex regulatory requirements across clinical operations. Financial terms of the transaction were not disclosed.
Founded in 1995 and formerly known as MediaLab, Vastian has evolved into a SaaS-based quality management platform serving more than 9,200 healthcare facilities and sites globally. The company said its system-of-record platform is used by over 2 million healthcare professionals to manage audit readiness, regulatory compliance, and operational quality processes.
The platform supports compliance with major healthcare standards and accreditation frameworks, including CAP, CLIA, The Joint Commission, and ISO requirements. According to the company, customers use its software to manage tens of millions of controlled documents, assessments, inspections, and survey events across clinical environments.
Vastian said its tools have been associated with significant operational improvements for healthcare providers, including reductions of nearly 80% in cited deficiencies when its quality management applications are fully deployed.
Tom Ormondroyd, Chief Executive Officer of Vastian, said healthcare quality teams are increasingly operating under regulatory complexity while managing resource constraints, driving demand for more integrated systems rather than standalone point solutions.
He said the new investment will enable the company to expand its platform capabilities and extend its reach to additional healthcare providers seeking centralized compliance and quality management systems.
Bregal Sagemount Partner Will Breskman said Vastian is positioned at the center of how hospitals and laboratories manage operational risk and regulatory compliance, noting its rapid growth within the healthcare software segment. He said the firm sees continued opportunity for expansion as healthcare organizations prioritize efficiency and accountability.
Brian Peterson, General Partner at Silversmith Capital Partners, said the firm’s continued investment reflects confidence in Vastian’s market position and customer adoption. He pointed to the company’s established customer base, product integration within clinical workflows, and long-term role in healthcare compliance infrastructure.
Silversmith was Vastian’s first institutional investor and has remained involved as the company has scaled its platform and expanded its customer base across healthcare systems globally.
Vastian operates from Lawrenceville, Georgia, and serves customers across all 50 U.S. states and multiple international markets, supporting clinical laboratories and hospitals with tools for document control, training, compliance tracking, and readiness assessments.
The company said its platform is designed to function as a centralized system of record for quality management, replacing fragmented workflows with a unified approach to regulatory and operational compliance.
Bregal Sagemount, a growth-focused private equity firm with more than $11 billion in cumulative capital raised, has invested in over 90 companies across healthcare IT, software, data services, and other high-growth sectors. The firm maintains offices in New York and Palo Alto.
Silversmith Capital Partners, a Boston-based growth equity firm with more than $5 billion in assets under management, focuses on partnering with technology and healthcare companies during periods of accelerated expansion. Its portfolio includes several enterprise software and healthcare-focused businesses.
With new capital in place, Vastian is expected to focus on product innovation and broader commercial expansion as healthcare providers continue to prioritize integrated systems for quality management and regulatory compliance.