Private Equity
Brookside Mezzanine Partners has invested in Longhorn Health Solutions. Financial terms weren't announced. Austin-based Longhorn is direct-to-home provider of consumable medical supplies, durable medical equipment, and pharmaceutical prescriptions.
2 min read · 06 March 2013
Heritage Group has made a strategic investment in Aviacode. Financial terms weren't announced. Salt Lake City-based Aviacode provides remote medical coding services and software to hospitals and physician offices.
3 min read · 06 March 2013
Sverica International Management said Wednesday that it has acquired Dexmet Corp. Financial terms were not announced. Sverica said its third fund acquired Dexmet. Sverica International Fund III, and its parallel pool, Fund III-A, closed in 2008 with more than $272 million in committed capital. Wallingford, Conn.-Dexmet develops and makes highly engineered expanded foils and polymers used in a variety of end markets. Abacus Finance Group and Avante Mezzanine Partners provided financing for the deal.
2 min read · 06 March 2013
RLJ Equity Partners said Monday that it promoted Jerry L. Johnson to Managing Director. He will continue to work from the firm's Bethesda-based office and report to Rufus H. Rivers. Johnson joined RLJ Equity Partners from American Capital.
3 min read · 05 March 2013
Today we have news that Hugo Chavez has passed away, YouTube plans to launch a subscription music service and The Dow closes at a record high.
1 min read · 05 March 2013
Danger looms for U.S. banks looking to take part in the burgeoning LBO and M&A market, says Fitch Ratings. A possible pickup in deals could cause U.S. banks to put too much risk on their balance sheets.
2 min read · 05 March 2013
First Advantage, which is backed by Symphony Technology Group, has closed its buy of LexisNexis Risk Solutions' employment and resident screening business.LexisNexis Risk Solutions is a division of Reed Elsevier. The transaction was announced in January. BofA Merrill Lynch acted as financial advisor to First Advantage. BofA Merrill Lynch and Tennenbaum Capital Partners provided financing.
3 min read · 05 March 2013
Meritech Capital Partners has led a $30 million investment in Hybris Software, which expects to go public later this year.
3 min read · 05 March 2013
Michael Katz sues Yahoo!, Microsoft calls off it's Scroogled campaign against Google and the 10 dumbest mergers ever. And so much more.
1 min read · 04 March 2013
Some buyout shops promote their most talented associates and analysts into more senior positions without their having an MBA.
3 min read · 04 March 2013
