Alternative credit bureau FactorTrust scores $42 mln

By Iris Dorbian — 3 months ago

Atlanta-based alternative credit bureau FactorTrust has secured $42 million in funding. ABS Capital Partners and MissionOG led the round. In conjunction with the investment, FactorTrust has named Michael Heller, MissionOG advisor, as president and board member; Gene Lockhart, chairman and managing partner of MissionOG, as FactorTrust’s board chair; and Phil Clough, managing general partner at ABS Capital, as board member.

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Avon joins ABS Capital

By Luisa Beltran — 7 months ago

ABS Capital Partners said Thursday that Michael Avon has joined as a Venture Partner. Avon was previously CFO and Executive Vice President of Millennial Media.

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Scale Computing raises $18 mln in funding led by ABS

By Alastair Goldfisher — 7 months ago

Scale Computing, an Indianapolis-based provider of scalable storage, servers, and virtualization software, has raised $18 million in funding. ABS Capital Partners led the round, which included undisclosed previous investors. The company has now raised $69 million in funding. Previous backers include Allos Ventures, Benchmark Capital, First Analysis Corp and Scale Venture Partners, among others. As part of the latest funding, ABS Capital General Partners Laura Witt and Bobby Goswami have joined the board.

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Bravo Wellness grabs $22 mln from ABS Capital

By Iris Dorbian — 1 year ago

Bravo Wellness, a provider of wellness programs, said Tuesday that it has raised $22 million in Series A funding from ABS Capital Partners. According to the firm, the capital infusion will be used to expand Bravo’s sales and marketing initiatives. In addition to the funding, ABS Capital Partners Managing General Partner John Stobo has been named to Bravo’s board of directors while general partner Mark Anderson will be an observer.Brown Gibbons Lang & Company was the placement agent.

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ITOK rakes in $18 mln Series B

By Iris Dorbian — 2 years ago

Lehi, Utah-based iTOK, a provider of IT-managed services and cloud-based solutions for small businesses, said Thursday that it has secured $18 million in Series B funding. ABS Capital Partners led the round with participation from Signal Peak Ventures. In addition to the funding, Laura Witt and Cass Gilmore of ABS Capital have been added to iTOK’s board of directors.

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SoftBank Capital leads Series B round for IgnitionOne

By Iris Dorbian — 2 years ago

Digital marketing tech company IgnitionOne said Thursday that it has closed $20 million in Series B funding. SoftBank Capital led the round with participation from return backers that include ABS Capital Partners and Brown Savano. RBC Capital Markets served as placement agent for the financing.

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Healthation Inks $14m Investment

By Angela Sormani — 3 years ago

Healthation has secured a $14 million investment by ABS Capital Partners and Hughes & Company. These investors join SilverStream Capital in the round. Healthation is a provider of core administrative systems for traditional and emerging healthcare payers and administrators. ArchPoint Partners acted as sole financial advisor.

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Evolution Capital Exits Accurate Group Holdings

By Luisa Beltran — 3 years ago

ABS Capital Partners has led a $55 million equity investment in Accurate Group Holdings. Evolution Capital Partners is the seller and has exited Accurate Group. Charlotte, N.C.-based Accurate is an outsourced provider of real estate transaction services to mortgage lending and loan servicing clients.

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Athletes’ Performance Scores $22.5m Backing from ABS Capital

By Angela Sormani — 4 years ago

Athletes’ Performance, a provider of performance training, nutrition and physical therapy for athletes, military and corporations, has secured a $22.5 million investment from ABS Capital Partners. ABS Capital joins the Company’s initial investor Polaris Venture Partners. PRESS RELEASE Athletes’ Performance, a leading provider of integrated performance training, nutrition and physical therapy for elite athletes, military […]

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TechMediaNetwork Adds $33M in New Capital

4 years ago

TechMediaNetwork Inc., a media company focused on news and reviews about technology and science issues, has raised $33 million in Series B financing. Investors include ABS Capital Partners, Village Ventures and Highway 12 Ventures. The money will go toward potential acquisitions and expansion efforts. As a result of the financing, ABS Capital General Partner Ralph Terkowitz and Principal Paul Mariani will join the company’s board.

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RedZone Robotics Seals $25M from ABS Capital

4 years ago

RedZone Robotics Inc., a maker of wastewater inspection technologies for municipalities, contractors and engineering companies, has closed on $25 million in financing from ABS Capital Partners. The money will help RedZone expand its product line and its geographical reach. ABS Capital general partners Bobby Goswami and Laura Witt will join the company’s board as a result of the financing.

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Vibrant CEO, Co-Founder Steps Down

By PEHub Administrator — 5 years ago

Doug Stevenson will step down as CEO of Vibrant Media, the advertising company backed by ABS Capital Partners, and co-founder Craig Gooding was named non-executive chairman and will serve as strategic counsel. CFO Jeff Babka will run day-to-day operations as COO.

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EQT Buys Restaurant Tech from Parthenon, ABS

5 years ago

Private equity firm EQT will buy Restaurant Technologies Inc. from Parthenon Capital Partners and ABS Capital Partners. Financial terms of the deal were not released. RTI is a provider of cooking oil management services to the foodservice industry. The investment comes out of EQT Infrastructure, a 1.2 billion euro fund launched 2008 by EQT.

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Syncapse Inks $25M from ABS Capital

5 years ago

Toronto-based social-media company Syncapse Corp. has closed on $20 million of a $25 million investment from growth equity firm ABS Capital Partners. The round marks the first institutional funding for Syncapse, which develops cloud-based software and services to help enterprises build, manage and measure their social media presence. The company raised $2 million last year from the Business Development Bank of Canada.

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