Deals
JZ Capital Partners Limited (JZCP), a London listed fund that invests in US and European microcap companies and US real estate, is to sell Bolder Healthcare Solutions (BHS) to a subsidiary of Cognizant, one of the world’s leading professional services companies.
Headquartered in Louisville, Kentucky, BHS offers a full suite of healthcare revenue cycle management services to the hospital and physician marketplace in the United States. BHS was formed through a co-investment partnership between JZCP and the Edgewater Funds.
JZCP will realise approximately USD108.0 million in gross proceeds from this sale, representing an increase in net asset value (NAV)
Varagon Capital Partners (Varagon) is serving as administrative agent and joint lead arranger on a senior secured credit facility to support the acquisition of ProVation Medical (ProVation) by Clearlake Capital Group.
Headquartered in Minneapolis, MN, ProVation is a leading software solution provider for intelligent procedure documentation. ProVation is trusted by leading physicians globally, serving approximately 1,500 hospitals and 1,000 Ambulatory Surgery Centers (ASCs), including 16 of the top 20 hospitals for gastroenterology (GI) and GI surgery in the US.
“We are excited to partner with Clearlake in its acquisition of ProVation,” says Sam Kwon, Managing Director at Varagon. “This
Legado Capital has acquired Kivuto Solutions Inc (Kivuto) along with a group of investors, including the lead investor, Roynat Equity Partners.
Founded in 1997 by Ram Raju, Kivuto Solutions Inc was established to simplify the management and distribution of software in higher education. The company’s platform powers OnTheHub, a network of custom school branded web stores that provides students with discounted academic software and Texidium, an end-to-end eBook adoption, delivery and reader solution.
For the past two decades, Kivuto has worked with leading software publishers to develop academic programs that empower students and provide them with the tools and
Gide’s Casablanca office has assisted Wendel on the sale of its equity interest in the holding company of the Saham group for USD155 million (EUR125 million).
This transaction took place alongside the sale by Saham group of its insurance division to South Africa-based Sanlam, the leading financial services provider in Africa, for more than USD1 billion. It is subject to the completion of the transaction between the Saham Group and Sanlam, which should occur in the second half of 2018.
Wendel will also get an earn-out, with a portion of the capital gains on any disposal of the remaining
Gen Cap America has sponsored a buyout of CoreMedical Group (CoreMed) in partnership with management. Terms of the transaction have not been disclosed.
CoreMed, based in Manchester, New Hampshire, is a leading healthcare staffing and recruiting agency specialising in travel and permanent placement for nurses, allied health professionals and physicians. With more than 25 years of experience, CoreMed recruits medical professionals and provides staffing solutions to hospitals and healthcare providers in all 50 states.
Chris Godwin, Managing Director at Gen Cap America, says: “We are excited to have the opportunity to invest in CoreMed alongside the management team. CoreMed
UK FinTech Delio, a specialist in digital private market services and solutions, has launched DelioConnect, a new connected network of discrete and own-branded private investment communities, which enables members to expand their distribution capability and their deal flow.
This latest product offering allows members to find trusted partners they wish to engage, connect and communicate with to find new sources of capital or to find exciting investment opportunities that are in line with their preferences.
Members can use DelioConnect to access a catalogue of vetted network participants, allowing them to confidentially connect under their own terms. Supporting documentation can
Norwest Equity Partners (NEP) has completed the sale of Gopher Resource (Gopher) to Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure.
The transaction, initially announced on 30 January, 2018, officially closed on 6 March 2018. Financial terms have not been disclosed.
Founded in 1946 in Eagan, MN, Gopher Resource is a leader in its industry, using advanced technology processes to recycle spent automotive, industrial, and stationary batteries in a safe and sustainable manner. Gopher turns batteries into quality materials that manufacturers can use for new batteries and other products, keeping potentially hazardous
Private equity firm Gridiron Capital (Gridiron Capital) has sold Engage2Excel (E2E), a provider of employee recognition, sales incentives, talent acquisition and consumer loyalty solutions and services.
Headquartered in Statesville, North Carolina, E2E’s solutions focus on attracting, retaining, and engaging both employees and customers to increase productivity and profitability. E2E maintains relationships across a diversified client base ranging from Fortune 100 companies to small and medium-sized businesses.
Gridiron Capital originally invested in E2E in 2010 and built on E2E’s employee engagement product portfolio. Under Gridiron Capital’s stewardship, E2E completed transformative add-on acquisitions, augmented its management team and sales force, introduced
Astorg has completed the acquisition of Cathay Capital’s and OrbiMed’s respective stakes in Echosens, a specialised diagnosis company focused on non-invasive products and associated services dedicated to the assessment of chronic liver diseases, which affect more than 700 million people worldwide.
Astorg becomes a shareholder in the Company alongside Chinese Pharmaceutical company Inner Mongolia FuRui, which remains the reference shareholder.
Founded in 2001 by Laurent Sandrin and headquartered in Paris, Echosens has revolutionised routine clinical practice in hepatology by enabling the diagnosis of hepatic injuries due to chronic liver diseases via the quantification of liver fibrosis through a non-invasive,
e-days Absence Management, a provider of employee leave tracking and absentee management software, has secured a seven-figure funding line from Yorkshire Bank to invest in the future growth of the business.
The latest round of bank funding follows a seven-figure investment from Palatine Impact in November 2017. The private equity firm backed the business from its GBP100 million fund, which targets investments up to GBP10 million in businesses with a positive social and/or environmental impact alongside industry-standard returns.
The Nottingham-based company offers its customers employee absence management tools designed to improve operational efficiencies and reduce absenteeism. The tool manages,
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
