Investors pump another $18M into urgent care company

October 12, 2018 – Investors pump another $18M into urgent care company Former WellNow looking to build and buy By Geert De Lombaerde The leaders of Urgent Team have raised $18 million in funding from their existing backers. The investor group led by Crestline Investors out of Texas is funding Green Hills-based Urgent Team with a combination of equity … Read More

JLab Audio Launches $50 True Wireless Earbud

October 2, 2018 – SAN DIEGO, Oct. 1, 2018 /PRNewswire/ — The fastest growing major headphone brand, JLab Audio, launched their newest true wireless earbud, the JBuds Air True Wireless Signature Earbud. The JBuds Air are the smallest truly wireless earbuds JLab has designed thus far, featuring no hook and a secure snug fit. With 13-14 hours of Bluetooth … Read More

Alternative Behavior Strategies Positions for Growth with Appointment of Adam Singer, M.D., as New CEO

September 12, 2018 – LOS ANGELES–(BUSINESS WIRE)–Alternative Behavior Strategies, (ABS), a leading provider of services to children with autism spectrum disorders, announced today that Adam Singer, M.D., has been appointed to the role of Chief Executive Officer for the company. “Dr. Singer’s track record in growing young companies to leadership positions in rapidly expanding markets will be invaluable to … Read More

CareMetx, LLC Acquires VirMedica Inc., the Leader in e-Access Technology Solutions

September 6, 2018 – BETHESDA, Md., Sept. 6, 2018 /PRNewswire/ — CareMetx, LLC, a technology-enabled hub services provider for pharmaceutical and biotechnology manufacturers, today announced they have acquired VirMedica, the leader in e-access technology solutions designed to streamline patient access to life-enhancing therapies. “With VirMedica’s market-leading transactions, we have an opportunity to leverage technology to transform the patient access … Read More

Formation of Remita Health Raises the Bar for Hospice Care

June 14, 2018 – New Firm Aims to Elevate End-of-Life Care with Holistic, Compassionate Approach IRVINE, Calif.–(BUSINESS WIRE)–A team of veteran healthcare executives has joined together to launch Remita Health, a new company dedicated solely to hospice and palliative care and committed to improving the quality of life for terminally ill elderly patients and their families. “Everyone we have … Read More

Why Healthcare Investors Are Flocking To Opportunities In Autism (PE Hub)

February 5, 2018 – By Sarah Pringle, PE Hub Sponsors are fleshing out the best ways to invest in the autism sector as demand for treatment services grows and as an evolving reimbursement market calls for more sophisticated models of care. On the heels of private equity’s biggest bet in the sector to date — FFL Partners’ $270 million-plus … Read More

Private-Equity Pours Cash Into Opioid-Treatment Sector (WSJ)

September 6, 2017 – Firms are betting billions to expand and acquire facilities as demand soars Drug-overdose deaths have soared since the late 1990s, according to the Centers for Disease Control and Prevention, and widespread opioid addiction is largely to blame. By Jeanne Whalen and Laura Cooper Sept. 2, 2017 Private-equity firms are piling into a new business opportunity: … Read More

T2 Systems Buys ParkingSoft

July 17, 2017 – Indianapolis, IN, July 17, 2017 — T2 Systems, a provider of the industry’s most comprehensive suite of parking solutions, today announced it has acquired ParkingSoft. ParkingSoft provides cloud-based software enabled PARCS (Parking Access Revenue Control Systems), valet and events products with state-of-the-art features such as barcode and LPR. Based in Atlanta, ParkingSoft brought to market the … Read More

REV Group Acquires Midwest Automotive Designs

April 17, 2017 – REV GROUP ACQUIRES MIDWEST AUTOMOTIVE DESIGNS MILWAUKEE, WI – Apr. 12, 2017 – REV Group (NYSE: REVG), a $2+ billion manufacturer of industry-leading specialty vehicle brands and leading provider of parts and services, today announced the acquisition of Midwest Automotive Designs (“Midwest”), a leading custom van “upfitter” that develops and manufactures luxury vehicles for end … Read More

New Government Study: Small Business Investment Company-Funded Businesses “Are a Robust Source of Job Creation in the U.S. Economy”

January 18, 2017 – SBIC-Funded Small Businesses Created Almost 3M Jobs WASHINGTON, D.C. – A new Library of Congress report of the Small Business Investment Company (SBIC) program concludes that “SBIC-funded small businesses are a robust source of job creation for the U.S. economy.” The report finds that (SBIC)-funded small businesses have created almost 3 million jobs at 11,681 … Read More

U.S. Army Taps DataPath As New Lead Contractor For Military Satcom Support

January 4, 2017 – WASHINGTON — Georgia-based company DataPath will be the U.S. Army’s new lead support for satcom field services, as well as supporting the Pentagon’s Combatant Commands, after winning a more-than $300 million contract, the company announced. “We’re providing the full range of support for basically every class of satcom terminal in the field, from a man-pack … Read More

DataPath CEO Talks Federal Expansion And Being A 25-Year-Old Startup

December 1, 2016 – Earlier this month, DataPath appointed Kevin Benedict to the position of senior vice president of the company’s U.S. government sales, a move which fit into the company’s strategic initiative to increase its presence in the Washington, D.C., area. “Datapath sees the Washington, D.C., area as the epicenter of the satellite communications industry and the center … Read More