High Road Capital Partners has sold its portfolio company Accentus, a provider of medical transcription services, to Nuance Communications. The sale of Accentus generated a 3.1x gross cash-on-cash return and a 49% gross IRR for High Road. Partners Jeff Goodrich and Bill Hobbs and Principal Ben Schnakenberg led High Road’s investment in Accentus. “In the…...
Archives for December 5, 2012
New Private Equity Relationship Director at BDO
BDO USA, an accounting and consulting organization, has named Todd Kinney as Relationship Director for the firm’s National Private Equity practice. In his new role, Mr. Kinney will be responsible for implementing BDO’s private equity industry growth strategy by sourcing new private equity clients and opportunities. He will also work closely with the National Private…...
Bertram Capital Invests in Paula’s Choice
Bertram Capital has made a growth investment in Paula’s Choice, a skin care and cosmetics company. Paula’s Choice represents Bertram Capital’s third investment in a high-growth consumer brand and the firm’s ninth platform investment overall. Paula’s Choice is a cosmetics and skin care company that offers proprietary products, skin care research, and online content that…...
ICV Partners Acquires SAFE Security
ICV Partners has acquired SAFE Security, a provider of residential and commercial security alarm systems, monitoring services, and support services. SAFE Security provides alarm monitoring services, installation, maintenance and other related services to homeowners and businesses across the nation. The company was founded in 1988 by CEO Paul Sargenti and is based in San Ramon,…...
Prospect Partners Invests in Irrigation Components International
Prospect Partners has made an investment in Irrigation Components International, a provider of agricultural irrigation equipment. This is Prospect Partners’ fourth platform investment for its third fund. Irrigation Components International (ICII) manufactures and distributes irrigation equipment parts to original equipment manufacturers and after-market customers, primarily dealers. The company’s products include mechanical and electrical components to…...
