Pamlico Capital has acquired HEALTHCAREfirst. Financial terms weren’t announced. The seller is The Riverside Company. HEALTHCAREfirst’s management also invested in the deal. Ozark, Mo.-based HEALTHCAREfirst provides technology services to home health care and hospice care agencies. PRESS RELEASE HEALTHCAREfirst, headquartered in Ozark, Missouri, announced today that Pamlico Capital has acquired the company from The Riverside [...]

DentalPlans.com, an online provider of discount dental plans has appointed Danielle Powers as the company’s general counsel. DentalPlans.com is owned by private equity shop The Riverside Company. The company last week named Robert Solarana chief financial officer. PRESS RELEASE DentalPlans.com, the largest online provider of Discount Dental Plans for individuals and families across America, announced [...]

Odyssey Investment Partners has acquired Integrated Power Services, a provider of maintenance and repair services for electric motors and generators in North America, from The Riverside Company. Financial terms of the transaction were not disclosed. PRESS RELEASE Odyssey Investment Partners, LLC announced today that it has acquired Integrated Power Services LLC (“IPS” or “the Company”), [...]

The Riverside Company has sold L-com of North Andover, Massachusetts. L-com is a manufacturer and distributor of telecommunications and datacom interconnect components. The sale generated a 2.6x gross cash-on-cash return and a 17% gross IRR for investors in the 2003 Riverside Capital Appreciation Fund. PRESS RELEASE The Riverside Company has sold L-com, Inc. of North [...]

The Riverside Company has acquired CityWatch of Bloomington, Minnesota as an add-on to its Emergency Communications Network platform. CityWatch had been a division of Avtex and will continue to operate from Minnesota. PRESS RELEASE The Riverside Company has acquired CityWatch of Bloomington, Minnesota as an add-on to its Emergency Communications Network LLC (ECN) platform. CityWatch [...]

The Riverside Company has sold Global Claims Services to Windjammer Capital Investors, a deal that could help both firms as they seek to raise new funds.

The Riverside Company has sold MK Chimney Systems to French buyer Isotip-Joncoux Group. The sale of the Polish producer of chimney systems, liners and related products generated a return of 2.9x. Riverside invested in the company in 2006. PRESS RELEASE The Riverside Company has completed the sale of MK Chimney Systems to French buyer Isotip-Joncoux [...]

The mid-market is a pricey place to be with private equity valuations shifting towards the higher end of the spectrum, according to a report by GF Data Resources. US Private equity investors in the mid-market are paying significantly higher multiples to acquire larger firms. Aggregate deal valuations in 2011 were 6.1x, up from an average of 5.9x in 2010, cites the report.

Global private equity firm The Riverside Company has completed its first exit from the Riverside Asia-Pacific Fund I. The sale of Japanese coin parking lot operator Shinsouki to iSigma Capital comes after four years of steady organic and add-on growth following Riverside’s 2008 acquisition. PRESS RELEASE The Riverside Company has completed the first exit from [...]

THL Credit has backed Express Courier‘s acquisition of EagleOne, a provider of same-day courier services in Southern United States. THL Credit and its managed fund, THL Credit Greenway Fund LLC, provided senior subordinated debt capital as part of the acquisition. Express Courier, a portfolio company of The Riverside Company, is headquartered in Franklin, Tennessee, and [...]