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December 30, 2025 12:00 AM | Covington Associates
December 30, 2025 (Boston, MA) –Covington Associates, a leading middle-market investment bank, announced its role as financial advisor to CounselEAR, an office management platform serving hearing healthcare and speech pathology practices, in the sale of its company to Fullsteam, a software and payments technology provider. This acquisition strengthens Fullsteam’s healthcare and wellness group and expands their commitment to helping clinics operate more efficiently.
“CounselEAR has a market-leading product with strong organic growth and a fantastic team. We welcome Rick, Brian, and the rest of the team to Fullsteam and will work hard to help them serve their customers better,” said Michael Lawler, CEO of Fullsteam.
“Fullsteam has a comprehensive, long-term vision for CounselEAR that aligns with our commitment to clinics and patients,” said Brian Urban, Au.D., Co-Founder and President of CounselEAR. “This partnership allows us to accelerate innovation while continuing to deliver the same level of onboarding, service, and support our customers expect.”
CounselEAR will operate with the same trusted team and leadership, now backed by Fullsteam’s resources.
This acquisition reflects Fullsteam’s ongoing focus on partnering with founder-led software businesses and investing in their long-term growth.
About Covington Associates
Covington Associates is an investment banking firm offering advisory services in mergers and acquisitions (M&A), capital raising, and strategic advisory for middle-market companies across Healthcare, Business Services, Consumer & Industrial, and Technology sectors. Established in1991 and headquartered in Boston, Covington has successfully completed over 350transactions globally for private and publicly traded companies, totaling more than $30 billion.
About CounselEAR
CounselEAR, LLC was formed in 2006 with the express purpose of improving patient counseling. CounselEAR is an office management platform serving hearing healthcare and speech pathology practices. The cloud-based solution features patient management, scheduling, billing, device tracking, insurance claims, and AI-powered documentation, so clinicians can focus on patient care.
About Fullsteam
Backed by Aquiline Capital Partners and ADIA, Fullsteam is a dynamic and growing team of 1,700 employees committed to driving innovation and delivering best-in-class software and payment solutions that empower small and medium-sized businesses across numerous industries. Their purpose is to help their customers grow their businesses by creating efficient and tailored solutions for every vertical.
CounselEAR acquired by Fullsteam
Broker Dealer Services
Provided Through Covington Associates, LLC. Member FINRA/SIPC.
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