News

Matrix Announces Ninth Transaction Closing for 2011, The Acquisition of ShelterLogic, LLC by RFE Investment Partners and Charter Oak Equity, LP

9/6/2011
Matrix Press Release

RICHMOND, VA – September 6, 2011 – Matrix Capital Markets Group, Inc. announced today the sale of ShelterLogic, LLC and its subsidiaries to a private equity investor group led by RFE Investment Partners and Charter Oak Equity, LP in conjunction with management. Financing for the transaction was provided solely by Connecticut sources, with Smith Whiley & Co. providing the subordinated debt and an equity co-investment and TD Bank, NA providing the senior debt. The Company was previously owned primarily by institutional investors Albion Investors, LLC and Montauk Capital. Read more

AFS Completes Equity and Debt Recapitalization to Fund Strategic Acquisitions

9/1/2011
Company Press Release

PHOENIX, AZ – September 1, 2011 – AFS Technologies, Inc. (“AFS”), a leading provider of software solutions to the food and beverage industry, announced today that it has concluded an equity financing led by Goldman, Sachs & Co. In addition, AFS has arranged for senior debt financing from TPG Specialty Lending and Wells Fargo Capital Finance, part of Wells Fargo & Company. Read more

ICV Partners Announces Acquisition of Cargo Airport Services

4/5/2011
ICV Press Release

NEW YORK, April 5, 2011 – ICV Partners (ICV), a private investment firm focused on investments in smaller middle market companies, announced today the acquisition of Cargo Airport Services (CAS), a leading provider of innovative cargo handling solutions, from MidMark Capital, the Weinberg Bell Group and other shareholders. Chief Executive Officer Michael Duffy and the CAS executive team have also invested in the transaction. Read more

Svoboda Capital Partners LLC Announces Major Investment in Databank Acquisition Corp

1/6/2011
Svoboda Press Release

CHICAGO, IL – January 6, 2011 – Svoboda Capital Partners LLC (“SC”) today announced it has partnered with executive management and Merion Investment Partners (“Merion”) to invest in Databank IMX, LLC (“Databank” or the “Company”). This transaction is the sixth investment for Svoboda, Collins Fund II L.P. The Structured Finance Group of Fifth Third Bank provided a senior debt facility and Merion also provided subordinated debt to complete the transaction. Read more

Svoboda Capital Partners LLC Announces Major Investment in Databank Acquisition Corp

1/6/2011
Svoboda Press Release

CHICAGO, IL – January 6, 2011 – Svoboda Capital Partners LLC (“SC”) today announced it has partnered with executive management and Merion Investment Partners (“Merion”) to invest in Databank IMX, LLC (“Databank” or the “Company”). This transaction is the sixth investment for Svoboda, Collins Fund II L.P. The Structured Finance Group of Fifth Third Bank provided a senior debt facility and Merion also provided subordinated debt to complete the transaction. Read more

ReSearch Pharmaceutical Services to be Acquired by Warburg Pincus

12/28/2010
RPS Press Release

Fort Washington, PA — ReSearch Pharmaceutical Services, Inc. (RPS) announced today it has entered into an agreement to sell the company to affiliates of Warburg Pincus, LLC, the global private equity firm, in an all cash transaction valued at $6.10 per share. The Board of Directors of RPS unanimously approved the acquisition agreement and recommended that RPS shareholders approve the transaction. It is presently anticipated that closing of the transaction will occur in February 2011. Read more

8/15/2010
Press Release

Charlotte, NC — McColl Partners, LLC acted as financial advisor to the shareholders of Integrated Healthcare Solutions, Inc. (“IHS”) in its growth capital raise from Merion Investment Partners (“Merion”), a mezzanine debt provider. Based in Fort Mill, South Carolina, IHS is a leading single-source provider of fully integrated healthcare information technology solutions for healthcare providers nationwide. IHS offers electronic health records, enterprise practice management, interoperability/clinical data-sharing, and data center services. IHS recently introduced its proprietary data-sharing platform, InteliChart, an all-encompassing healthcare information exchange (“HIE”) software suite that provides the capability to electronically move clinical information among disparate healthcare information systems, facilitating access to and retrieval of clinical data. Read more

Brings State and Federal MBE Certification, Electronic Tolling Solutions to Toll Authority Sector

8/19/2010
Press Release

Bristol, PA – Aug. 19, 2010 – In an innovative approach to solving the challenges associated with electronic toll collection, certified minority business enterprise (MBE) Caerus Resources, LLC, and MetaSource, LLC, have formed an exclusive partnership to deliver proven business process outsourcing solutions to the toll authority sector. The partners will pursue electronic toll collection and business process outsourcing (BPO) opportunities including license plate image processing, violations processing, call center and customer service, document hosting and workflow.

“The industry trend towards all-electronic toll collection has created a gap of qualified, experienced providers capable of delivering a full range of high volume outsourcing services to an emerging market,” says Caerus Founder Doug Deaton. “Caerus set out to identify credible partners to help toll authorities deal with these new challenges and found that market leader MetaSource, with its global footprint, fully integrated delivery platform and commitment to SAS 70 and PCI compliance, was the obvious choice.” .

Caerus/MetaSource electronic tolling solutions provide toll authorities and strategic partners with the ability to rapidly deploy highly customizable delivery options ranging from fully outsourced services, discrete project work, as well as collaborative outsourced processing solutions. The service platform is specifically tailored to work directly with toll authorities or as a subcontractor for a strategic partner. .

“Caerus is a great partner for MetaSource,” says Doug Giovanni, MetaSource Vice President of Sales and Marketing. “Their MBE certification and industry knowledge combined with our process and solutions infrastructure brings an aggressive and focused resolve to toll authorities and the challenges associated with electronic toll collection.” .

About Caerus Caerus Resources is a state of Texas and federally certified MBE professional services firm that partners with industry-leading IT services firms to create fully-integrated business process outsourcing (BPO) solutions for demanding clients in the transportation and energy sectors. Areas of expertise are project structuring and project management, as well as business development and marketing. For more information, contact Caerus President Doug Deaton at (214) 843-1130 or visit www.caerusresources.com. .

About MetaSource MetaSource is a leading Business Process Outsourcer (BPO) of back office and content management solutions servicing a national clientele through a SAS 70 certified and PCI compliant mix of four domestic locations and multiple processing centers in Mexico, Canada, India and China. The Company’s experience and reputation for delivering superior quality and accuracy is built upon a scalable business platform that is robust, thoroughly tested, and engineered for high-volume results easily customizable to the most demanding client requirements. For more information contact Doug Giovanni, Vice President of Sales and Marketing at (801) 513-4154 or visit www.MetaSource.com.

6/30/2010
Press Release

Brunswick, Ohio – I.D. Images today announced it acquired the assets of Chicago, IL based label converter, Specialty Tape & Label. Terms of the transaction were not disclosed.

Specialty Tape & Label is the second strategic acquisition over the past year for I.D. Images. The acquisition enhances I.D. Images’ capabilities with unique technology, equipment and processes. Enhanced capabilities include digital printing as well as unique multi-web handling for combination forms, coupons and integrated cards to name a few. The acquisition also enlarges I.D. Images’ distribution footprint to meet growing demand of Variable Information Labeling media products in the region. These capabilities align strategically with I.D. Images’ long-term focus on higher value growth segments like healthcare, food, electronics, chemical and consumer durables. “We’re very excited about the acquisition as it will provide our collective customer base with a host of new capabilities, products, and services to better serve their customers”, according to Brian Gale, President, of I.D. Images. “Specialty Tape & Label has a history of providing unique solutions to technically challenging applications. Both companies share a ‘customer first’ approach to business. We look forward to working with Al, Ken and Rick Paveza and the team at Specialty Tape.”

I.D. Images will continue to maintain operations at the existing Specialty Tape & Label facility and fully expects to expand products distributed out of that facility to better service customers in that region.

I.D. Images, founded in 1995, is a leading manufacturer of converted label media for the Variable Information Printing (VIP) market. The company specializes in providing label solutions for product and package identification across varied markets including Transport and Logistics, Retail, Food and Beverage, Office Products, Consumer Durables and Healthcare. I.D. Images offers a comprehensive product offering for VIP printing technologies including Thermal Transfer, Ribbons, Direct Thermal, Ink Jet and Laser Cut Sheet media, on various paper and film or synthetic substrates. In addition, I.D. Images offers significant custom label capabilities including four-color printing and various adhesive systems to meet virtually any application need. The label media is used in various applications including shipping, inventory tracking, asset identification, shelf marking, prescription, patient identification, drum and sports equipment to name a few. I.D. Images sells exclusively through distribution with a primary focus on packaging distributors, value added resellers and other label converters.

For additional information contact: Tim Mlnarik, Business Development Manager at 330.220.7300 or tmlnarik@idimages.com.