, /PRNewswire/ — Hale Capital Partners (“Hale Capital”), a NY-based private growth equity firm, led a cooperative recapitalization through which it acquired a majority stake in Athenium, a leading provider of innovative risk and quality management solutions for insurance, finance and government sectors.
This investment marks a significant milestone, bringing together Hale Capital’s deep expertise supporting high-growth technology companies with Athenium’s cutting-edge software solutions. Athenium has been widely recognized for transforming claims quality control, underwriting and risk selection, and risk management through advanced data analytics and AI-driven capabilities.
In connection with the investment, Jim Greenwellhas joined Athenium as CEO. Jim is a proven CEO who successfully led multiple companies, one of which was Hale Capital’s first portfolio company. “Athenium is an industry leader in risk and quality management solutions with a history of exceeding its customers’ expectations with its best-in-class solutions. My focus is to create an environment where our employees succeed in serving our customers …