Private Equity
MEDNAX Inc said Oct. 10 that agreed to sell its MedData business to Frazier Healthcare Partners. Financial terms weren’t announced. MedData provides technology-enabled management services for hospitals, health systems and healthcare providers.
5 min read · 10 October 2019
Goodhart Partners LLP has acquired a minority stake in Albright Capital Management LP. Financial terms weren’t announced. Albright, of Washington D.C., is an emerging markets private markets investor.
3 min read · 10 October 2019
Marlin Equity Partners said Oct. 9 that it invested in SmartSearch Ltd. Financial terms weren’t announced. SmartSearch, of the U.K., provides automated regulatory technology software focused on anti-money laundering and know your customer compliance solutions.
3 min read · 09 October 2019
U.S. Venture Partners said Oct. 9 that it promoted Dafina Toncheva to general partner.
2 min read · 09 October 2019
Satelles Inc raised $26 million in a funding round led by C5 Capital. Satelles, of Redwood City, California, provides time and location technology that is delivered over the Iridium constellation of low-Earth-orbit (LEO) satellites.
4 min read · 09 October 2019
MacQueen Emergency has acquired Rescue Repair. Financial terms weren’t announced. Rescue Repair provides fire, ambulance and rescue equipment. MacQueen Emergency is part of the MacQueen Group, a Rotunda Capital Partners portfolio company.
2 min read · 09 October 2019
ORIX Capital Partners said Oct.9 that Craig Kahler has joined the firm as a managing director. Kahler most recently led the New York-based private equity team of Safanad.
2 min read · 09 October 2019
Boston Advisors said Oct. 9 that it sold its Private Advisory Group to CAPTRUST Financial Advisors. Financial terms weren't announced. The Private Advisory group advises institutional and high net-worth clients. It has more than $1.5 billion of wealth management client assets under management.
3 min read · 09 October 2019
WellSky Corp said Oct. 8 that it agreed to buy ClearCare Inc. Financial terms weren’t announced. Battery Ventures, which owned a majority, is exiting ClearCare. ClearCare’s software is used by agencies that provide patients daily care inside their homes, including basic services such as preparing meals; bathing and dressing; and assisting with mobility, among other tasks.
3 min read · 09 October 2019
Levine Leichtman Capital Partners said Oct. 9 that it sold Nobles Worldwide to Ducommun Inc. Financial terms weren’t announced. Nobles, of St. Croix Falls, Wisconsin, designs and makes ammunition handling systems for the U.S. Armed Forces and its allies.
2 min read · 09 October 2019
