Ziegler Link•Age Longevity Fund, L.P. Announces Strategic Investment In Breezie
Chicago, IL (PRWEB) March 26, 2015 -- The Ziegler Link•Age Longevity Fund, L.P. (the “Fund”) is pleased to announce the closing of a strategic investment in Breezie (Breezie). Headquartered in London, U.K., Breezie is a personalized, intuitive system that is pioneering the use of modern touch screen devices, smart analytics and accessibility to radically simplify the online experience for digitally isolated seniors. This system will help seniors to get the social, economic and health benefits of being online.
The investment in Breezie represents the sixth investment by the Fund since its formation in June 2014. The Fund is one of the first to focus exclusively on aging market companies that provide innovative products, services and technologies to meet the growing needs of seniors and senior living providers in this changing era of healthcare reform.
Breezie’s platform addresses one of the fundamental challenges in the aging market – which is that most seniors find the Internet irrelevant or too complicated and hence do not engage with it. Breezie provides online services that allow caregivers and senior living providers to remotely set-up and customize the most relevant Internet applications, choose curated content and apps based on a senior user’s familiarity with the Internet. This is then delivered on a highly simplified, intuitively easy-to-use interface running on touch screen tablets.
Since January 2014, Breezie has been working with Age UK; the UK's leading non-profit organization focused on the aging sector and working with a number of senior living providers within the U.K. A number of U.S. institutions have already started piloting the service, with a full launch coming in the months ahead.
Jeh Kazimi, Founder and CEO of Breezie stated, “It is very exciting to have the Ziegler Link•Age Longevity Fund and its Limited Partner network of some of the best and leading senior living providers in the country as a partner! We are excited provide them excellent solutions and work with the combined expertise of Link•Age, Ziegler and other Limited Partner Investors to continually improve the product solution set we offer to the market. We are passionately committed to the senior marketplace and believe our solutions add great value and improve the quality of life of our customers.”
John Hopper, Chief Investment Officer of the Fund added, “Breezie is a great company we have followed and gotten to know over the last few years. Jeh and his team provide great solutions and are very well-established in the U.K. We are delighted to work with them as they expand into the U.S., and as they continue to evolve their product offering to add even more value to seniors, their caregivers and families. The team that has been assembled in the U.K. is one of the leading groups of talent we have seen in this space and we are looking forward to working with them and continuing to innovate and improve the Breezie product offering.”
Financial details of the investment were not disclosed.
For more information on Link•Age Ventures, please visit http://www.LinkageConnect.com.
ABOUT THE ZIEGLER LINK·AGE LONGEVITY FUND, LP:
The Ziegler Link•Age Longevity Fund, LP is a limited partnership that seeks to invest in companies who are improving aging in the United States. The Fund, with $26,620,000 of assets, seeks to invest in growth companies who are able to dramatically improve the healthcare IT or healthcare services landscape for our aging population. The Fund’s Limited Partners include 70 of the most innovative and progressive not-for-profit senior living providers in the country. The General Partner of the Fund is a joint venture between Ziegler and Link•Age.
ABOUT BREEZIE:
Breezie is a software and services platform that radically simplifies the online experience for digitally isolated seniors, enabling them to get the social, economic and health benefits of being online. For more information on Breezie and its solutions for the aging market, please contact Fiona Coles on [email protected] or visit http://www.breezie.com
ABOUT LINK·AGE VENTURES:
Link•Age Ventures is an investment firm interested in investing in financially viable companies that provide products, services or technology to the aging marketplace. Link•Age Ventures is a “hybrid” firm in that it will invest in traditional venture capital opportunities and more established companies that fit its investment criteria. Link•Age Ventures looks to invest in companies that understand and can leverage the Link•Age network of 600 senior living communities and over 300,000 residents to grow their organizations.
ABOUT ZIEGLER:
The Ziegler Companies, Inc., together with its affiliates (Ziegler), is a privately held investment bank, capital markets, wealth management and alternative investments firm. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion, and education, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading, wealth management and research. For more information on Ziegler, please visit http://www.ziegler.com.
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Leslie Weir, Ziegler, http://www.ziegler.com, +1 (312) 596-1646, [email protected]
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