Iris Dorbian
ABRY Partners has agreed to buy FastMed Urgent Care, a provider of urgent care services in North Carolina and Arizona. No financial terms were disclosed for the transaction that's expected to be completed in the second quarter of this year. Houlihan Lokey served as financial advisor. FastMed's backers include Mosaic Health Solutions.
Cerberus Capital Management has sold Silverleaf Resorts Inc to Orange Lake Holdings. No financial terms were disclosed. Credit Suisse provided financial advice to Silverleaf and Cerberus on the transaction. Silverleaf Resorts is a vacation ownership company.
New York Life Investment Management LLC, an asset management subsidiary of New York Life, has named Yie-Hsin Hung as CEO. Hung is succeeding Drew Lawton who is retiring the end of the year. Previously, Hung was co-president of NYLIM.
BelHealth Investment Partners has sold Aureus Health Services to Meijer. No financial terms were disclosed. Based in Pittsburgh, Aureus is a specialty pharmacy and health management company.
Planview, which is backed by Insight Venture Partners, has acquired Troux, an enterprise solutions provider. No financial terms were disclosed. Lazard was financial advisor to Troux on the transaction.
A.P. Plasman, a portfolio company of Insight Equity Holdings LLC, has recently closed two add-on acquisitions: A-Brite Plating Company and Thermotech Inc. Based in Cleveland, A-Brite is a custom chrome plating company while Hopkins, Minnesota-based Thermotech is a maker of injection-molded electrical and mechanical components and assemblies. No financial terms were disclosed.
KPMG Capital has made investments in three data and analytics solutions providers: Software Development and Research Technology Ltd; Astrus; and Customer Compass. No financial terms were disclosed.
Edgewood Partners Insurance Center, which is backed by The Carlyle Group and Stone Point Capital, has hired Myesha Lamison as director of benefits technology. Previously, Lamison worked at Zenefits where she served as a benefits program manager. Based in San Francisco, Edgewood Partners Insurance Center is a provider of retail property, casualty and employee benefits insurance.
GreenSoil Investments has raised $25 million for its third fund. The target of the GreenSoil Building Innovation Fund is between $80 million and $100 million. GBIF's limited partners include real estate owners and developers.
Sandbox Partners has acquired Family Education Network from Pearson. No financial terms were disclosed. FEN provides educational resources for K-12 parents, teachers, and students.