NOVACAP has acquired a majority equity interest in Nitrex Metal, a provider of metal heat treatment equipment and services. Nitrex Metal is a maker of systems used to heat treat ferrous or non-ferrous materials through gas nitriding and gas nitrocarburizing (both are thermochemical processes where nitrogen, carbon, and oxygen atoms are diffused into the surface […]
Archives for September 15, 2015
Blue Heron Invests in TRICAST
Blue Heron Capital has made an investment in TRICAST, a provider of pharmacy software used for data monitoring and analytics. TRICAST’s services – marketed under the brand name Reveal – are used by pharmacies to comply with Centers for Medicare & Medicaid Services (CMS) regulations and to generate data that can be used to lower […]
Nautic Exits Theorem Clinical Research
Nautic Partners has completed the sale of Theorem Clinical Research to Chiltern International, a UK-based contract research organization. Theorem Clinical Research is a full-service contract research organization (CRO) that conducts early phase, Phase II/III and late phase clinical trials for pharmaceutical, biotech and medical device and diagnostic customers. The company is based in King of […]
TVV Capital Acquires Ian-Conrad Bergan
TVV Capital has acquired Ian-Conrad Bergan (ICB), a provider of sensors that are used to monitor marine storage tanks. This is the sixth investment made by TVV’s third and most recent fund. Ian-Conrad Bergan is a developer, manufacturer and distributor of sensors, electronics, and software for the monitoring and gauging of marine liquid storage tanks. ICB’s […]
BGL Adds New Director of Sponsor Coverage
Brown Gibbons Lang & Company (BGL) has hired E. Robert (Bob) Kent III as a managing director to lead the firm’s coverage of private equity firms. He will be based in the firm’s Cleveland office. Mr. Kent comes to BGL from Stifel Investment Banking where he served as a managing director in the firm’s Financial […]
CIT Healthcare Backs PharmaLogic Add-on
CIT Healthcare Finance was the Sole Lead Arranger and Administrative Agent on a $26.5 million senior secured credit facility to support the recapitalization of PharmaLogic and the add-acquisition of Clinical Pharmacy Services by Webster Capital. PharmaLogic – acquired by Webster Capital and MedEquity Capital in March 2015 – is a nuclear pharmacy company with 12 […]
Blue Point Adds Three, Lisa Root Retires after 23 Years
Blue Point Capital Partners has added three new members to its team with the hirings of Colleen Greenrod as chief administrative officer; Jonathan Pressnell as a principal; and Sonali Aggarwal as an associate. Ms. Greenrod succeeds Lisa Root, who is retiring after more than two decades with Blue Point. Ms. Greenrod has more than 15 […]