News Archives

Investment enables Definiti to scale client services, strengthen organic growth initiatives and pursue strategic acquisitions

Veritas Capital Completes Combination of Coronis Health and MiraMed Global Services, Creating Leading Multi-Specialty Revenue Cycle Management Platform

Digital Fuel Capital Acquires First Impression Ironworks, a Leading Designer, Manufacturer and Installer of Premium Iron Doors, Gates and Railings

itrac, LLC Completes Multiple Acquisitions, Creating Leading Outsourced Dental Marketing, MarTech, and Recruiting Platform

Health Perspectives Group (HPG) announced today it has closed a majority investment from 424 Capital (424) in early August 2021.

BroadcastMed, Inc. (BroadcastMed) announced today it has closed a majority investment from 424 Capital (424) in early December 2020.

Surge Private Equity LLC (“Surge”) announces its investment into RentACoop LLC and Top Manufacturing LLC (“RAC”), a Maryland-based leading Ecommerce platform that designs and sells hundreds of proprietary products for retail chicken owners across the country.

Digital Fuel Capital Acquires Seattle Coffee Gear, a Leading Omnichannel Specialty Retailer of Home Brewed Coffee Products.

424 Capital Fund completed the acquisition of Hospital Energy, a NH based energy management firm which develops and manages energy procurement strategies for US hospital systems.

424 Capital announced that it has completed an investment in Practis. Together with Eagle Private Capital and Plexus Capital, 424 Capital purchased a majority share from Founder Elizabeth Pettrone and CEO John Pettrone Jr., who will both remain investors and active managers in Practis.

Silver Peak Partners has invested in CG Environmental (DBA The Cleaning Guys). Silver Peak intends to grow The Cleaning Guys through a combination of capital and managerial support to execute on organic growth opportunities and add-on acquisitions.

Montage Partners, a Scottsdale, Arizona-based private equity firm, is pleased to announce its acquisition of Advanced Manufacturing and Development, Inc., dba METALfx (“METALfx”), from a subsidiary of Avista Corporation. METALfx’s existing management team will continue to lead the company and will own a meaningful equity stake in the business

Brook Venture Partners announced today that, together with HealthEdge Investment Partners and Eagle Private Capital, it has completed the acquisition of Vortex Management, Inc. d/b/a Tyson Steele Associates and illumitrac, LLC (collectively “ITRAC” or the “Company”).

River Associates Investments, LP (“River Associates” or “River”) a longstanding lower-middle market private equity firm based in Chattanooga, TN, announced that it has partnered with management through a newly formed entity, TopDown, Inc. (“TopDown”) to acquire GAHH, LLC (“GAHH”).

Lightview Capital (“Lightview”) has announced the recapitalization of Metova Inc. (“Metova”), a leading provider of outsourced mobile application development services. Headquartered in Franklin, TN with additional offices in Conway and Fayetteville Arkansas, Metova provides a full-suite of outsourced mobile application solutions ranging from product strategy and design to application development and ongoing maintenance and support. Metova combines its mobile expertise with a deep understanding of emerging technologies including IoT, Mobile Self-Service, Connected Home/Vehicle and Data Science serving a strong base of domestic and global customers.

LearnWell, a technology enabled services business for behavioral health institutions, announced today that Brook Venture Partners has led an investment in the Company with co-investor Eagle Private Capital. LearnWell’s service offering is an inclusive and personalized education service for school age patients in a healthcare setting. LearnWell is the leader in providing K-12 educational programs to students in behavioral health facilities, eating disorder programs, addiction treatment facilities, and medical hospitals with over 17,000 students taught each year.

Candescent Partners, a Boston-based private equity firm, announced that it has invested in the Southeastern Spine Institute ("SSI"). Candescent led the transaction with co-investors Eagle Private Capital, Harbert Mezzanine Partners, Resolute Capital Partners, C3 Capital Partners, LLC and LiveOak Growth Capital. Headquartered in Mount Pleasant, South Carolina, SSI has provided high quality, comprehensive spine care to its patients for over 20 years.

Cole Information, a provider of vertically-targeted customer acquisition solutions, announced today that Brook Venture Partners has led an investment in the Company with co-investors Resolute Capital Partners and Eagle Private Capital. Cole offers a suite of subscription based lead generation online platforms to small businesses in real estate, insurance, and homes services industries, among others. The Company has decades of vertical market expertise and is focused on delivering actionable hyper-local sales leads.

Application modernization and management solutions provider Fresche today announced it has acquired Quadrant Software LLC, a leader in application modernization, mobile development, business intelligence and document distribution solutions and services. The combination of these companies distinctly positions Fresche as the leader in providing value and solutions for IBM i customers, second only to IBM. The transaction, which closed on June 3, 2016, was supported by Fondaction, Fonds de solidarite FTQ, Investissement Quebec, BMO Corporate Banking, and BMO Capital Partners.

Linvingstone Advises HealthEdge on Executing Definitive Agreement to Sell One of Florida's Largest Independent Home Health Providers to Amedisys. Livingstone, an international mid-market M&A and debt advisory firm, is pleased to announce Infinity Homecare ("Infinity” or the "Company”), a business controlled by the principals of HealthEdge Investment Partners ("HealthEdge”), has executed a definitive agreement to be acquired by Amedisys, Inc. (NASDAQ: AMED). Under the terms of the agreement, Amedisys will acquire 100% of the ownership interests in Infinity for $63 million. The transaction remains subject to customary closing conditions, including state regulatory approvals. Livingstone advised Infinity and HealthEdge.

Cave Creek Capital is pleased to announce its investment in Transnational Foods LLC (Transnational), a leading provider of globally sourced, competitively priced branded and private label food products. Transnational services several major national food retailers including Wal-Mart, Dollar Stores and Supermarkets.

Candescent Partners, a Boston-based private equity firm, announced that it has made a significant growth investment in Retirement Horizons Inc. Candescent led the transaction along with co-investor Eagle Private Capital. Retirement Horizons is a third party pension administrator, serving both defined benefit and defined contribution plans.

Bay Capital Investment Partners is pleased to announce its investment in Certica Solutions, Inc. Founded in 2001 and headquartered in Wakefield, MA, Certica Solutions provides data management and assessment solutions to K-12 schools, districts, and educational service agencies.

Digital Fuel Capital has announced an investment into Summit Sports, a leading multi-channel action sports company and operator of the websites www.skis.com, www.snowboards.com, www.inlineskates.com, www.wateroutfitters.com and www.campgear.com. The investment is aimed to support Summit's acquisitions of other e-commerce leaders in specialty sporting goods, as well as continue Summit's organic growth and stellar performance in the action sports industry.

Dermatology Associates, a Candescent Partners company and a leader in dermatology care, announced that Dermatology & Skin Cancer Center (DSCC) has joined the company. Candescent led the recapitalization of Dermatology Associates and was joined by Eagle Private Capital, Harbert Mezzanine Partners, Wafra Investment Advisory Group, Bay Capital Investment Partners, The Brookside Group, Spring Capital Partners and Tenth Street Capital.

Philadelphia, PA October 15, 2013 Focus Pointe Global (FPG), a leading provider of marketing research data collection, today announced the acquisition of Delve, a St. Louis-based marketing research company

Dallas based Transition Capital Partners ("TCP") is pleased to announce the sale of its portfolio company, Santé Pediatric Services, to Epic Health Services, a portfolio holding of Webster Capital of Waltham, MA.

Candescent Partners, a Boston-based private equity firm, announced that it has acquired Dermatology Associates of Tyler. Candescent led the transaction with co-investors Eagle Private Capital and Harbert Mezzanine Partners.

Candescent Partners, a Boston-based private equity firm, announced that its portfolio company, Koch Eye Associates, has acquired Eye Health Vision Centers, a comprehensive vision health company in Southeastern Massachusetts.