Good Energies has promoted Will Nesbitt to managing director. He had joined the firm in 2007 as a director, after having been a managing director with Kirkland Investment Corp.
3 min read · 15 January 2009
1 min read · 15 January 2009
NPC International Inc., a Lenexa, Kan.-based franchisee and operator of Pizza Hut franchises, has agreed to acquire 51 additional units from Pizza Hut Inc. for $14.4 million in cash. NPC was acquired in 2006 by Merrill Lynch Global Private Equity, and currently operates 1,098 restaurants and delivery/carryout units in 27 states.
2 min read · 15 January 2009
MedAvant Healthcare Solutions, a Santa Ana, Calif.-based provider of technology for the electronic exchange of medical claims and clinical information, has acquired the Medicare crossover business of HDM Corporation. No financial terms were disclosed. Marlin Equity Partners acquired the assets of MedAvant out of bankruptcy last fall.
2 min read · 15 January 2009
1 min read · 15 January 2009
Alpine Biomed, a Fountain Valley, Calif.-based maker of diagnostic equipment used in gastroenterology, urology and neurology, has acquired Stellate Systems Inc., a Montreal-based maker of neurodiagnostic systems. No financial terms were disclosed. Alpine Biomedi s a portfolio company of Water Street Healthcare Partners.
3 min read · 15 January 2009
1 min read · 15 January 2009
Warburg Pincus has agreed to buy $175 million of common stock in Nuance Communications Inc. (Nasdaq: NUAN). Warburg Pincus already holds approximately 15% of all outstanding Nuance shares.
3 min read · 15 January 2009
Austin Ventures has formed Century Payments Inc., a Dallas-based acquisition platform focused on the payment processing market. The company will be run by Robert Wechsler, an AV executive-in-residence who previously was an executive vice president and head of global sales and services for Chase Paymentech Solutions. AV is committing up to $50 million to the company, which already has made three acquisitions.
3 min read · 15 January 2009
1 min read · 15 January 2009
