Contessa Health said April 19 that it raised additional financing. Terms were not disclosed. Health Velocity Capital led the round while BlueCross BlueShield Venture Partners, Noro-Moseley Partners, and Sandbox Advantage Fund participated. Contessa, of Nashville, provides a health informatics platform for home recovery care.
3 min read · 20 April 2018
GTCR has agreed to sell Callcredit Information Group Ltd to TransUnion for 1 billion pounds cash ($710.6 million). Callcredit is second largest credit reference agency in the UK with over 3,000 customers. Jefferies International Ltd, Credit Suisse, and Evercore served as Callcredit's financial advisors. Kirkland & Ellis LLP provided legal counsel.
4 min read · 20 April 2018
Cerberus Capital Management LP said April that Matt Zames has joined the firm as president, while Frank Bruno was promoted to co-CEO. Lee Millstein was also appointed president of the firm’s international business. Zames most recently served as COO of JPMorgan Chase. Bruno will be co-CEO alongside Steve Feinberg, Cerberus’ founder.
4 min read · 19 April 2018
Apax Partners has acquired a majority of Solita from Vaaka Partners. Financial terms weren’t announced. Company management will have a minority. Solita, of Helsiniki, is a digital transformation company that provides strategic consulting, service design, artificial intelligence, analytics, and managed cloud services.
3 min read · 19 April 2018
Lambert, Edwards & Associates has acquired Owen Blicksilver Public Relations Inc. Financial terms weren’t announced. Owen Blicksilver Public Relations, of New York, is a financial communications firm that specializes in private equity, real estate, financial services, bankruptcy, crisis, litigation support, and B2B marketing. Founder Owen Blicksilver is staying with Lambert under a multi-year agreement. He will serve as president of the Blicksilver unit, which will remain in New York.
4 min read · 19 April 2018
CSI IT LLC, a portfolio company of White Wolf Capital LLC, has acquired Technical Resource Group Inc. Financial terms weren’t announced. Technical Resource, of Dallas, provides IT staff augmentation services for technical professionals around the United States.
3 min read · 19 April 2018
1Huddle Inc said April 18 that it raised $3 million in a Series A round led by NRD Capital Management LLC. Newark Venture Partners also invested. 1Huddle, of Newark, New Jersey, is an enterprise software platform that provides learning and training programs in the form of quick-burst mobile games.
4 min read · 19 April 2018
Pixid, a portfolio company of Keensight Capital, has acquired Carerix. Financial terms weren’t announced. Carerix, of Rotterdam, Netherlands, provides recruitment and staffing solutions.
5 min read · 19 April 2018
Elevate said April 18 that it secured financing from Morgan Stanley Expansion Capital, the private investment platform within Morgan Stanley Investment Management. Financial terms weren’t announced. Elevate, of Los Angeles, provides consulting, technology and services to law departments and law firms.
2 min read · 19 April 2018
Vision Venture Partners said April 18 that it named Mike Mossholder as its chief business officer. Mossholder recently served as executive vice president of global marketing partnerships for the UFC.
2 min read · 19 April 2018