Iron Creek Partners LLC (“Iron Creek”), a private investment firm based in Santa Fe, NM, today announced the recapitalization of Base Load, LLC (“BASELoad” or the “Company”). Founded in 1999 by Gerard Szatkowski, BASELoad is a SOC 2 Type II-certified vendor of health care provider data matching and loading solutions for leading health plans and Third-Party Administrators (TPAs) across the United States. BASELoad’s solutions help healthcare payers to dramatically improve claim auto-adjudication rates, leading to lower costs for payers and greater satisfaction for patients and providers. Through its wholly-owned subsidiary W-9 Corrections, LLC, the Company also helps health plans to easily and accurately file their 1099s and keep up-to-date with IRS guidelines. The Company is based in Rock Hill, SC. Iron Creek led the investment group, which included Mr. Szatkowski and Main Street Capital Corporation. The transaction, which closed in February 2026, provides growth capital to help meet BASELoad’s strong industry demand.

“We are happy to have the opportunity to partner with the outstanding team at BASELoad to support the Company in its important mission to streamline and improve provider data and health care claims adjudication,” said John Bingaman, Managing Principal of Iron Creek. “BASELoad has been providing highly accurate and innovative provider data solutions for twenty-five years, and we look forward to supporting the management team as they continue to develop innovative solutions to improve the claims payment ecosystem.”

“This is a tremendous opportunity for BASELoad, and we are excited to be partnering with Iron Creek,” said Gerard Szatkowski, founder and CEO of BASELoad. “I founded BASELoad after seeing firsthand the challenges that healthcare payers face with provider data. Our team has saved our payer customers millions of dollars in costs and enhanced claims auto-adjudication rates up to near-100% in many cases. With Iron Creek, we have found the right partner to help us continue to grow, innovate, and invest in our people to provide the highest level of service to healthcare payers for many years to come. A special thank you to my amazing staff. Could not have done this without you.”

The Company announced that there would be no managerial or staff changes associated with the transaction. Szatkowski will remain in his current position as CEO and will become a member of the reorganized Company’s Board of Directors.

Financial terms of the transaction were not disclosed. Troutman Pepper Locke LLP advised Iron Creek in the transaction. Ambassador Consulting Solutions provided financial advice to the Company, and Gray, Layton, Kersh, Solomon, Furr & Smith, PA served as legal counsel to the Company in the transaction.

BASELoad (www.baseload.com) is a leading vendor of provider data matching and loading solutions to health plans and TPAs. Founded in 1999 and headquartered in Rock Hill, SC, BASELoad has served hundreds of clients with medical provider data solutions.

Iron Creek (www.ironcreek.com) is a sector‐focused investment firm based in Santa Fe, NM, seeking attractive investment opportunities primarily in the software, data, communications, and business services industries. Iron Creek seeks to partner with strong management teams and to support its portfolio companies’ growth by leveraging its network of relationships and its sector experience.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260204795920/en/