Press Release
September 20, 2021

Holland & Knight Advises Federal Advisory Partners on Investment from Sagewind Capital

TYSONS, Va. (September 20, 2021) – Holland & Knight advised Federal Advisory Partners on its recent investment from Sagewind Capital LLC, a New York-based private equity firm. The transaction closed on September 15.

Headquartered in Arlington, Va., Federal Advisory Partners has deep experience serving federal healthcare customers, including the Veterans Health Administration and the Defense Health Agency. Founded in 2017, the company is a leader in revenue cycle management and is committed to supporting clients in their mission to efficiently provide exceptional healthcare to veterans and active-duty military. Tim Borchert, co-founder and chief executive officer of Federal Advisory Partners, Andrew Patrick, chief operating officer, and Chris Katkocin, vice president, will continue to lead the company.

Sagewind invests across several industries, including government services, aerospace & defense, software, information technology, healthcare and business services. Federal Advisory Partners is Sagewind's fifth current platform in the government services sector.

Holland & Knight Partner Jonathan Wolcott, Senior Counsel Marybeth O'Keefe and Associate Cooper Littlejohn led the firm's representation of Federal Advisory Partners. They were assisted by Partners Gary Schoenbrun and David Matuszewski.

More information about the transaction can be found here.

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