Allocations
athenahealth, a provider of network-enabled services for hospital and ambulatory customers nationwide, has been acquired by an affiliate of Veritas Capital (Veritas) and Evergreen Coast Capital (Evergreen) for approximately USD5.7 billion in cash.
Virence Health (Virence), the former GE Healthcare Value-based Care assets that Veritas acquired in 2018, will combine with athenahealth under the athenahealth name and brand. The combined company will be led by Virence Chairman and Chief Executive Officer Bob Segert and an executive leadership team comprised of executives from both companies, and will be headquartered on the athenahealth campus in Watertown, Massachusetts. As part of the transaction,
Investcorp has acquired a controlling stake in Revature, a technology talent development company.
The terms of the transaction have not been disclosed.
Revature, one of the largest employers of university graduates in the US, offers no-cost coding immersion programs that are the first in the industry to address the growing technology skills gap. Revature’s unique model provides turn-key talent acquisition services for its Fortune 500 and consulting clients. For customers, Revature recruits, develops and deploys enterprise-ready technology talent that enables these corporates to succeed. For university graduates, Revature provides coding immersion programs that offer pathways to building careers as
Private investment firm VSS’ portfolio company TCC, a Los Angeles-based technology and services provider to corporate human resources and tax departments, has acquired uConfirm, an independent provider of income and employment verification services.
Financial terms of the transaction have not been disclosed.
uConfirm provides employee verification data to third parties such as lenders, pre-employment screening providers, property managers, social service agencies and other organisations. The company provides a secure platform that reduces the burden on employers and employees alike.
“uConfirm’s advanced data platform is a complementary fit with TCC’s comprehensive tax credit and incentive solutions business,” says Jeffrey
Flex Fleet Rental, a provider of medium-term truck rentals to commercial customers, has completed a strategic transaction with Waterfall Asset Management’s private equity platform. TRP Capital Partners (TRP), a transportation-focused private equity firm, is also making a strategic investment alongside Waterfall.
Flex Fleet Rental’s existing management team will continue to lead the company’s operations, led by CEO Michael Kraupp and Vice President Brian Goldhardt.
“Since 2013 we have invested in our team and processes to build a national rental fleet of light and medium-duty trucks, and we are proud of the growth in the business and the customer relationships we have earned
London law firm Joelson has advised CEO Anthony Fletcher and the Management Team of snack brand Graze on the company’s sale to Unilever.
The sale represents a significant strategic move for Graze; and for Unilever, a chance to capitalise on the growing healthy foods market. This is a landmark deal in the Graze journey and its tie up with Unilever will certainly assist with its growth plans.
Joelson’s position as legal advisers to the management team of Graze illustrates its unparalleled status as the pre-eminent adviser to entrepreneurs, founders and management teams of companies in the FMCG space. Joelson
The EQT Infrastructure III fund (EQT) has acquired Kodiak Gas Services (Kodiak) from The Stephens Group, a private investment firm representing the interests of Witt Stephens, Jr and Elizabeth Campbell.
Kodiak will maintain its corporate headquarters in Houston, Texas, under the continued leadership of President Mickey McKee, CEO David Marrs, and the Kodiak management team. Terms of the transaction were not disclosed.
Founded in 2011, Kodiak is the largest privately owned contract compression company in the US; providing necessary compression equipment for the extraction of oil and transportation of natural gas in the United States. With over 1,130,000 revenue
corrux has raised USD3.1 million of seed financing in a funding round led by German venture capital firm Target Partners, with additional participation from Josef Brunner (CEO, relayr) and US venture investor Sean Dalton.
corrux develops applications that let users understand heavy machinery – ranging from excavators to track laying machines. The company provides construction managers and OEMs with software to monitor on-site operations and gain insights from data. A typical issue that corrux solves for its customers is the still pen-and-paper centred equipment management processes. The industry has been looking for a method to shift from a reactive to
Global investment firm KKR has completed its previously-announced acquisition of Ramky Enviro Engineers Limited (REEL), a provider of environmental services and solutions in India and overseas.
Under the terms of the transaction, KKR has acquired a 60 per cent stake in REEL for approximately USD510 million via a combination of primary and secondary investments. In addition to investing in REEL from its KKR Asian Fund III, the investment is part of KKR’s Global Impact strategy, which is focused on identifying and investing behind businesses with positive social or environmental impact that measurably contribute solutions to one or more of the United Nations Sustainable Development
Ara Partners Group (Ara) has made a significant investment in Priority Power Management (Priority), a Texas-based independent energy management and consulting services firm.
Financial terms of the transaction have not been disclosed.
“Priority is excited to welcome Ara as a significant new investor,” says John Bick, Managing Principal at Priority. “Ara is committed to our company’s strategic growth initiatives and our focus on developing and deploying strategies of integrating an optimised mix of power supply, risk management, demand response, distributed generation, and smart grid technologies to our large and expanding customer base.”
Priority, which was founded in 2001,
Foresight has made a GBP5 million growth capital investment into Spektrix Limited, a leading provider of cloud-based ticketing, marketing and fundraising software for the arts.
The investment on behalf of Foresight VCT plc and Foresight 4 VCT will be used to accelerate product development and support Spektrix’s international expansion, particularly in North America where it is already working with nearly 100 arts organisations. As part of the investment, Foresight has taken a minority equity position in the company.
Founded in 2007, Spektrix was an early pioneer in bringing cloud technology to the arts. It is now the UK industry’s
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
