Signal Hill is pleased to announce that its client Image Process Design, LLC (IPD) has received a majority investment from Renovus Capital Partners.

IPD is a software company providing enterprise content management solutions to healthcare, insurance, and financial companies under its Ultera® brand. With the acquisition, IPD will make additional investments in R&D and sales and marketing and partner with Prime Technology Group, a Renovus portfolio company.

We are excited to accelerate our growth with the support of the Renovus and Prime teams. Clients need increasingly specialized systems in today’s market, and we are pleased to continue providing our clients with high-quality IT functions.

Steven Racine
CEO of IPD