Mirus Advises Hayes Management Consulting on Management Led Buy-Out

Mirus Capital Advisors announced that Hayes Management Consulting, a leading provider of services, including strategic, revenue cycle and clinical IT consulting, and software to healthcare organizations, has completed a management buy-out of its founding shareholder with financing from Seacoast Capital and Cambridge Savings Bank. Mirus served as the exclusive financial advisor to Hayes.

According to CEO Peter Butler, “We are excited by this new chapter in the Hayes journey. Our success has been built on a foundation of a talented management team with deep healthcare expertise, financial stability, seasoned consultants and the strength of our client relationships. We will leverage this foundation to continue to grow Hayes and partner with clients to support them as they transition to new financial and operational models.”

About Hayes Management Consulting

Hayes Management Consulting is a leading national healthcare consulting firm and software developer that partners with healthcare organizations to streamline operations, improve revenue and enhance technology to drive success in an evolving healthcare landscape. The Company’s consulting services primarily include Clinical/IT Consulting, Revenue Cycle Consulting, and Strategic Consulting.  HMC’s software platform, MDaudit, is the leading audit workflow automation and data analytics software package utilized by hospital and physician practice billing and audit compliance professionals across the United States. The Company was founded in 1993 and is headquartered in Newton Center, Massachusetts.

About Seacoast Capital

Seacoast Capital was founded in 1994 to make non-controlling junior capital investments in privately-held lower middle market companies. Seacoast specializes in “sponsorless” transactions, preferring to invest directly with company owners or management teams, although it will selectively consider investments led by professional investor groups. With offices in Boston and San Francisco, Seacoast has invested over $300 million in over 20 states since 1994.