142 Views

ABRY recaps Frontline Performance Group

ABRY Partners has recapitalized Winter Park, Florida-based Frontline Performance Group, a provider of sales performance management solutions. No financial terms were disclosed. Deloitte Corporate Finance advised FPG on the transaction.

216 Views

Digital Realty to buy Telx in $1.886 bln deal

Digital Realty Trust Inc. has agreed to buy Telx in a deal valued at $1.886 billion. The sellers are ABRY Partners and Berkshire Partners. New York-based Telx provides data center colocation, interconnection and cloud enablement solutions. BofA Merrill Lynch and Morgan Stanley advised Digital Realty. Barclays and DH Capital advised the sellers and Telx.

178 Views

ABRY invests in Hilb Group

ABRY Partners has invested in The Hilb Group LLC. Financial terms weren’t announced. BHMS Investments LP is the seller. The current Hilb management team and its employee shareholders will remain significant shareholders alongside ABRY. Richmond, Virginia-based Hilb Group is a middle market insurance agency.

148 Views

NTT, ABRY buy e-shelter

NTT Communications Corp. and ABRY Partners have jointly acquired a 86.7 percent stake in e-shelter. Financial terms weren’t announced. Frankfurt-based e-shelter designs, builds and operates data centers. NTT Communications is the ICT solutions and communications unit of NTT.

166 Views

ABRY completes FastMed acquisition

ABRY Partners has closed its previously announced buy of FastMed Urgent Care, a provider of urgent care services in North Carolina and Arizona. No financial terms were disclosed. Also, Kyle A. Bohannon has been named CEO of FastMed. His appointment is effective immediately.

138 Views

Digital Realty seeking to acquire Telx: Reuters

Digital Realty Trust Inc is working on a bid to acquire private equity-owned data center peer Telx Group Inc for more than $2 billion, in a deal that would diversify its business, sources told Reuters News.

194 Views

American Capital backs ABRY’s buy of Compusearch

American Capital Ltd has provided $51 million in financing to support ABRY Partners‘ acquisition of Compusearch Software Systems. Based in Dulles, Virginia, Compusearch provides acquisition and program management software to federal agencies, Department of Defense program offices and government contractors.

105 Views

PE-backed Confie Seguros buys three insurance brokerages

Confie Seguros, a portfolio company of ABRY Partners, has agreed to acquire three insurance brokerage firms: New York City-based R&R&R Brokerage Inc; Rochester, New York-based Eastern General Insurance Services Inc; and San Antonio, Texas-based Colyer Insurance Agency Inc. No financial terms were disclosed.

623 Views

ABRY Partners to acquire FastMed Urgent Care

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.

122 Views

ABRY-backed Confie Seguros buys three insurance agencies

Confie Seguros, a portfolio company of ABRY Partners, has agreed to acquire three Buffalo, New York-based insurance agencies: Able Insurance Agency, Linda’s Able Insurance and Becker-Able Agency Inc. No financial terms were disclosed.

218 Views

ABRY buys Compusearch Software

Arlington Capital Partners and JMI Equity have sold their stakes in Compusearch Software Systems Inc. to ABRY Partners. Financial terms weren’t announced. SunTrust provided senior financing. Dulles, Virginia-based Compusearch provides acquisition and program management software to Federal agencies, DoD program offices, and government contractors.

healthcare IT (1)
958 Views

ABRY to buy Sentry Data Systems

ABRY Partners is buying Sentry Data Systems Inc., a provider of technology to help healthcare providers reduce costs, according to a source and a May 4 notice on the FTC web site.

343 Views

Lightower Fiber Networks and Fibertech Networks to merge for $1.9 bln

Lightower Fiber Networks and Fibertech Networks have agreed to merge. The value of the transaction is $1.9 billion. The deal is expected to be completed in the third quarter of this year. Headquartered in Boxborough, Massachusetts, Lightower Fiber Networks is an all-fiber provider of custom network services. And, Fibertech, which is located in Rochester, New York, is a provider of fiber-optic based network services. Lightower Fiber Networks’s backers include Berkshire Partners, Pamlico Capital and ABRY Partners while Fibertech Networks’ backers include Court Square Capital Partners.

121 Views

PE-backed ProQuest acquires SIPX

ProQuest, which is backed by ABRY Partners and Goldman Sachs, has bought SIPX. No financial terms were disclosed. Based in Palo Alto, California, SIPX is a provider of digital course materials that addresses copyright and costs concerns for universities. SIPX’s backers included Mohr Davidow Ventures, XSeed Capital, Stanford University and Ulu Ventures.

Confie Seguros adds three insurance brokerages

Confie Seguros has acquired three East Coast insurance brokerages: Your Insurance Spot Inc. based in Kissimmee, Florida; Wise Insurance Agency Inc. of Columbia, South Carolina; and, Bronkie Agency Inc. of Williamsville, New York. Financial terms weren’t announced. Confie Seguros is a portfolio company of ABRY Partners.

PE-backed Accela adds Karsan to board

San Ramon, California-based Accela, a provider of civic engagement solutions for governments, has appointed Rudy Karsan to its board of directors. Karsan is the founder of Kenexa and Karlani Capital. Accela’s backers include Bregal Sagemount, ABRY Partners, Landmark Partners, J.P. Morgan Private Equity and the aforementioned Karlani Capital.

101 Views

ABRY to exit e-shelter

NTT will buy nearly 87 percent of e-shelter from ABRY Partners and Investa Holdings GmbH. Financial terms weren’t announced. Investa will retain a significant holding. Frankfurt, Germany-based e-shelter designs and runs data centers in that country.

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