CIVC Partners has sold its portfolio company EPIC Technologies, a specialty electronics engineering and manufacturing company, to Natel Engineering Co. CIVC Partners first invested in EPIC in 2004. EPIC is a specialty electronics engineering and manufacturing company in the high-mix, low-to-medium volume segment of the electronic manufacturing services (EMS) industry. EPIC manufactures complex printed circuit…...
Archives for October 9, 2013
Francisco Partners Invests in NexTech
Francisco Partners has made an investment in NexTech, a specialty medical records software company. NexTech is a provider of integrated electronic medical records, practice management, and marketing software for specialty physician practices. The company was founded in 1997 and is headquartered in Tampa (www.nextech.com). The investment by Francisco Partners will support NexTech’s infrastructure and growth…...
GTCR Exits Six3 Systems
GTCR has signed an agreement to sell its portfolio company Six3 Systems to CACI International for $820 million. Six3 Systems is a national security and defense intelligence services provider focused on developing and acquiring specialized capabilities that cater to the intelligence community, Department of Defense and civilian security agencies. Six3 was formed in July 2009…...
Industrial Growth Partners Acquires Calder Testers
Climax Portable Machine Tools, a portfolio company of Industrial Growth Partners (IGP), has acquired Calder Testers, a manufacturer of valve testing equipment. The transaction closed on September 13, 2013 and was supported with an additional equity investment from IGP and management. Calder Testers is a manufacturer of hydrostatic and pneumatic testing equipment for the oil…...
LNK Partners Acquires Fitness Connection
Fitness Connection, a portfolio company of WestView Capital Partners, has been acquired by LNK Partners. Fitness Connection is a developer, acquirer and manager of health clubs. The company currently has 28 locations in North Carolina, Texas, and Nevada, which typically range from 35,000 to 60,000 sq. ft. Fitness Connection is headquartered in McLean, VA (www.fitnessconnectionusa.com)…....
