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MedAssets Inc. of Alpharetta, Ga. has completed its acquisition of XactiMed, a Richardson, Texas-based provider of Web-based revenue cycle technologies and services to the healthcare industry. No financial terms were disclosed. MedAssets is backed by Galen Partners, Grotech Capital Group and Parthenon Capital, while XactiMed was controlled by Buena Venture Associates, a fund founded by […]
Halyard Education Partners, a platform portfolio company of Halyard Capital, has acquired GoalQuest, a provider of online programs to help colleges recruit, enroll, retain and communicate with students, alumni and parents during the admissions and enrollment process. No financial terms were disclosed. www.halyardeducationpartners.com www.goalquest.com
Republic Financial Corp. has sold American Identity Inc. to Staples Inc. for an undisclosed amount. American Identity is an Overland Park, Kan.
AEA Investors is pursuing a sale of Dutch food processing company Convenience Food Systems (CFS), according to Dow Jones.
Walgreen Co. has acquired Take Care Health Systems, a Conshohocken, Pa.-based provider of retail healthcare clinics. Take Care raised $77 million in private equity funding from Beecken Petty O' Keefe in 2005. www.takecarehealth.com
The Employees Retirement System of Texas (ERS) has selected Altius Associates as its first non-discretionary private equity advisor. Altius beat out Hamilton Lane for the mandate. www.ers.state.tx.us
Merrill Lynch has agreed to acquire a non-control stake in Sterling Stamos Capital Management, an alternative and traditional investment firm with more than $4 billion in assets under management. No financial terms were disclosed. www.ml.com www.sterlingstamos.com
ThinkEquity Partners has hired three new technology bankers from Needham & Co. They are: Joe Dews, partner, will lead semiconductor banking; Robin Graham, partner, and Pooyan Mehdizadeh, principal, will work in the M&A department. www.thinkequity.com
Jason Cohen has joined Goldsmith Agio Helms as a vice president in its distressed advisory and restructuring practice. He previously was special counsel in the financial restructuring department of law firm Cadawalader, Wickersham & Taft. www.agio.com
Biolex Therapeutics, a Pittsboro, N.C.-based drug company whose lead candidate focuses on hepatitis C, has raised $30 million in Series C funding. Investor Growth Capital led the deal, and was joined by JP Morgan Securities, Easton Capital and return backers Quaker BioVentures, Polaris Venture Partners, Intersouth Partners, Mitsui & Co. Venture Partners, Johnson & Johnson […]
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