Orthofix International announced today that it has completed the divestiture of its Sports Medicine Business Unit, Breg, Inc., to Water Street Healthcare Partners. The purchase price was $157.5 million less normal and customary working capital adjustments and indebtedness. Breg provides a portfolio of sports braces (knee, elbow, shoulder, spine and foot) and cold therapy products…...
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Kilmer Capital Partners Acquires Atelka
It was announced today that Kilmer Capital Partners has acquired a majority interest in Atelka, a contract management services company. “This transaction will allow us to inject new funds in the organization in order to sustain its performance, expand our services and explore new markets,” said Georges Karam, CEO of Atelka. Atelka is a call…...
Vista Equity Partners Acquires Silverchair Learning Systems
It was announced today that Vista Equity Partners has acquired Silverchair Learning Systems, a provider of online learning and communication services to the senior care industry. Silverchair Learning Systems (SLS) is an accredited online education and communication systems provider that works with senior care providers who want to improve training and communications (both internal and…...
Comvest Group Invests in Primo Water
The Comvest Group, through its debt fund, Comvest Capital II L.P., has provided a $15.1 million term loan to Primo Water Corporation, a national provider of water dispensers, bulk bottled water and sparkling beverage appliances. “These new financing arrangements provide Primo with flexibility to execute our growth plans across our product lines,” said Primo CFO…...
BV Investment Partners Invests in Health Information Designs
BV Investment Partners today announced that it has made an investment in Health Information Designs (“HID”), a provider of primarily healthcare-related information technology and data analytics services to healthcare organizations. The investment in HID was made in partnership with the Gibson family, who founded the business in 1979. “We are pleased that the Gibson family…...