Maritz Travel Acquires Experient from Riverside and VSS

Maritz Travel, a provider of full-service meeting, event and incentive travel programs to corporate clients has acquired Experient, also a provider of meeting and event services from private equity owners Riverside Company and Veronis Suhler Stevenson. PRESS RELEASE Maritz Travel, a global leader in providing full-service meeting, event and incentive travel programs to corporate clients, […]

Access Intelligence Buys LeadsCon

Access Intelligence, which is backed by Veronis Suhler Stevenson, has acquired LeadsCon. Financial terms weren’t disclosed. LeadsCon provides educational and networking conferences. PRESS RELEASE Integrated media company Access Intelligence announced today the acquisition of LeadsCon, which serves the online lead generation industry through two preeminent conferences and other best-in-class content offerings for lead-generation marketers. With […]

Investcorp Acquires GL Education from VSS

Investcorp, a Bahraini alternative investment manager, has acquired UK-based education firm GL Education Group from Veronis Suhler Stevenson for an undisclosed amount, writes Reuters. GL Education, previously called Granada Learning Group, is a provider of tools and services to enhance educational capabilities among children. It runs two units, GL Assessment and GL Performance. Reuters – […]

Remedy Health Media Acquires HealthCentral

Veronis Suhler Stevenson portfolio company Remedy Health Media, a health information and technology company, has acquired HealthCentral, a provider of online clinical and patient community resources and tools that help patients and caregivers take control of their health and improve their well-being. HealthCentral is backed by interactive media and technology investors IAC/InterActiveCorp, Polaris Ventures, Sequoia […]

Halyard Capital Buys Tranzact Info Services–CORRECTED

Halyard Capital said Tuesday that it had acquired Tranzact Information Services from TRANZACT. Financial terms weren’t disclosed. Halyard will rename the business, which provides data and analytics to direct marketers, Datamyx. Halyard, a New York PE firm, previously owned TRANZACT and sold the company in 2007 to Veronis Suhler Stevenson. Sanjay Chadda, of PetskyPrunier, advised TRANZACT in the sale.

CORRECTION: The name of the company is Tranzact, not Transact.

More Money Flowing to Targeted Media

(Reuters) – U.S. companies will spend nearly $200 billion this year on targeted media such as direct mail, text messages or product placement in video games to concentrate on narrow, valuable groups of consumers, a new study shows. Investment group Veronis Suhler Stevenson (VSS), which conducts the annual study, forecasts that spending on so-called targeted […]

VSS Deals Avatar International

Avatar International has been sold via a secondary PE deal, changing hands between former owner Veronis Suhler Stevenson, the New York sponsor, and going to the Riverside Co., the Cleveland PE shop. The deal represents a larger than 4.0x ROI driven by a sole focus on organic growth. VSS was represented in its sale of Avatar International by financial advisors TripleTree, LLC.

Cambium Learning Group Gets More Funding From Veronis Suhler Stevenson

Cambium Learning Group, a Dallas-based, publicly traded education company focused primarily on at-risk and special student populations, announced today that its majority shareholder, the New York-based private equity firm Veronis Suhler Stevenson, is exercising its subscription right to acquire an additional $20 million of common stock in the company. On Tuesday, Cambium reported net income […]

VSS Buys Strata Decision Tech

Private equity firm Veronis Suhler Stevenson will acquire financial software company Strata Decision Technology. Terms of the private investment, which was made by VSS Structured Capital Fund II, were not disclosed. SDT was advised by Berkery, Noyes, & Co., the New York-based investment banking firm.

After 3x Ipreo Deal, More Fund III Sales Likely For VSS

Veronis Suhler Stevenson scored a welcome return on its sale of capital markets data provider Ipreo LLC to Kohlberg Kravis Roberts & Co., which was one of the largest investments the media-focused shop made with its $1 billion, 1999-vintage third fund.

The firm also continues to hold three other investments in Fund III and will likely look to unload at least two of them over the next year or two, a source close to the firm told sister magazine Buyouts. The firm has not started any sale processes, however, the source said.

One of the three remaining companies in Fund III is Access Intelligence LLC, a Rockville, Md.-based information and marketing company serving the aerospace, communications, energy, and health care industries.

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