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Tegria Acquires CloudWave

October 19, 2026

New York, NY – Tegria, an operating company of Altaris, LLC (collectively with its managed funds, “Altaris”), announced today that it completed the acquisition of CloudWave, a full-service cloud hosting, cybersecurity and managed IT services provider.

This acquisition enhances Tegria’s hosting infrastructure and expands its managed services portfolio, which will enable the company to bring advanced data protection and enterprise cloud management solutions to hospitals and health systems to secure, integrate, and manage critical clinical applications.

About Altaris

Altaris is an investment firm with an exclusive focus on acquiring and building companies in the healthcare industry. Since its inception in 2003, Altaris has invested in more than 50 companies across a range of healthcare subsectors, with a consistent goal of delivering value to the healthcare system and generating attractive financial returns for investors. Altaris is headquartered in New York City and manages $10 billion of equity capital. For more information, please visit www.altariscap.com.

About Tegria

Tegria is a global healthcare consulting and services company that partners with provider and payer organizations to transform healthcare. Tegria’s team of more than 1,000 experienced professionals has helped drive meaningful change for more than 650 provider and payer clients across North America and Europe. Tegria has been ranked and recognized in consecutive Best in KLAS reports, including a #2 ranking in the 2026 Best in KLAS: Software & Services report for Overall IT Services Firm and Best in KLAS recognition for Payer IT Consulting (2025) and Application Hosting (2024). For more information, please visit www.tegria.com.