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HFRI acquires zero balance recovery firm

Healthcare Financial Resources (HFRI), a specialist in healthcare accounts receivable (AR) recovery and resolution management, has acquired California-based STAT Revenue, a leading provider of zero balance (closed) claims review and recovery services for hospitals and health systems. The acquisition rounds out HFRI’s AR management capabilities by adding the final stage

Maples advises Literacy Capital on Cayman Islands Stock Exchange Listing

Maples and Calder, the Maples Group’s law firm, has advised Literacy Capital on a first-of-its-kind dual listing on the Specialist Fund Segment of the London Stock Exchange and on the Cayman Islands Stock Exchange (CSX). The offering, which closed on 25 June 2021, took approximately two months to arrange with

Training platform for robots eyes global expansion after GBP2.3m fundraise

A start-up with a platform that trains robots to recognise images has completed a GBP2.3 million funding round to help it build its team in Yorkshire and expand sales of its product worldwide.   The investment in Sheffield-based Mindtech Global was led by NPIF – Mercia Equity Finance, which is

Varagon Capital Partners supports Knox Lane’s investment in Any Hour Services

Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour). Founded in 1961, Any Hour is a market-leading home services company providing thousands of residential customers in the broader

BOOST&Co backs cloud service provider Atech Support

Atech Support, a privately-owned, UK cloud service provider has secured significant seven-figure funding from BOOST&Co which it will use to offer additional products and services, to new and existing clients,  whilst also supporting its growth plans via acquisition.  Having recently experienced significant scale and increased demand for its cloud services,

Edison Partners sells PandoLogic to Veritone for USD150m

Edison Partners has exited its portfolio company, PandoLogic, a provider of intelligent hiring solutions, to Veritone (NASDAQ: VERI), a provider of artificial intelligence (AI) technology and solutions in a deal valued at USD150 million. PandoLogic will become Veritone’s marquee offering for Human Capital Management.  Through the pandemic, a period of

Dubin Clark to recapitalise Evergreen Lawn & Pest Control

Dubin Clark, a private equity firm focused on niche market leaders in the lower middle-market, has created a new holding company, Super Home Services, to invest in Evergreen Lawn & Pest Control (Evergreen). Financial terms of the transaction have not been disclosed.   Evergreen is a provider of residential lawn

Gravitee.io raises USD11m in Series A round

Gravitee.io, an open source API management platform that gives businesses and their developers unprecedented control over their entire API ecosystem, has raised USD11m in a Series A round, co-led by AlbionVC and Oxx, to power its expansion in the burgeoning API management market, which is predicted to be worth USD22

Social media marketing

Expedition Growth Capital backs B2B platform Oktopost

Business-to-business social media marketing platform Oktopost has secured a USD20 million minority investment from London-based growth equity firm Expedition Growth Capital. Oktopost plans to use the fresh capital to advance its product roadmap focused on B2B needs, improve its customer success function, accelerate marketing and sales, and explore strategic acquisitions.

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