Pamplona Capital Management has completed the acquisition of publicly traded MedAssets at an enterprise value of approximately $2.7 billion. MedAssets (NASDAQ: MDAS) is a healthcare revenue cycle management business serving approximately 4,500 hospitals and 123,000 non-acute healthcare providers. The company has annual revenues of about $700 million. MedAssets was founded in 1999 and is headquartered […]
Archives for January 28, 2016
Vista Exits TransFirst
TransFirst, a portfolio company of Vista Equity Partners, has agreed to be sold to publicly traded TSYS in an all-cash transaction that values the company at approximately $2.35 billion. Vista acquired TransFirst for $1.5 billion in November 2014 from Welsh, Carson, Anderson & Stowe which in turn acquired the company from GTCR in June 2007. […]
Gores Buys Boston Plastics from Baird
US Farathane Corporation, a portfolio company of The Gores Group, has acquired Boston Plastics, a portfolio company of Baird Capital. Baird Capital Partners Asia – the Greater China-focused investment group of Baird Capital – acquired Boston Plastics in December 2012. Boston Plastics is a plastic injection molding and sub-assemblies company. The company’s products are sold […]
Sentinel Acquires Marketplace Events
Sentinel Capital Partners has acquired Marketplace Events, a producer of consumer focused home and garden shows. Marketplace Events organizes and operates consumer shows targeting the home improvement and enthusiast market including remodeling, home décor, and gardening. The company’s show portfolio is comprised of 44 total events, including 29 US home and garden shows, 13 Canadian […]
Saw Mill Capital Buys Wolf-Gordon
Saw Mill Capital Partners has acquired Wolf-Gordon, a distributor of wallcoverings and other interior building products. Wolf-Gordon sells to the hospitality, commercial office, retail, healthcare, and education sectors, and has sales representatives based in all major markets in the United States. Products include wallcoverings, upholstery and drapery textiles, specialty paints and dry-erase coatings. Wolf-Gordon was […]