Cleary Gull Inc. is pleased to announce that its client Allen Technologies, Inc. (“Allen”), a portfolio company of Greyrock Capital Group, has been acquired by Periscope Equity. Cleary Gull acted as exclusive financial advisor to Allen in this transaction.

Allen, based in Austin, Texas, transforms the way hospitals engage, educate and empower patients. Allen provides in-room SaaS patient engagement solutions to some of the most innovative healthcare providers in the world helping to impact patient outcomes, improve patient satisfaction and achieve operational efficiencies. Allen’s multiplatform interactive patient engagement system, delivered via television, tablet and bedside monitor, is a robust patient-centric portal for customized patient education, in-room comfort control and entertainment.