Digital Fortress Acquires Data Center Businesses

Seattle, WA-headquartered Digital Fortress, an operator of data center colocation facilities, has acquired the data center businesses of digital.forest and Fortress Colocation Services. Digital Fortress was formed by Halyard Capital, Meritage Funds and Sweetwater Capital. Terms of the transaction were not disclosed. PRESS RELEASE Digital Fortress, Inc., a newly formed operator of data center colocation […]

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.

Halyard Capital Backs Practice Insight

New York-based private equity firm Halyard Capital has put an undisclosed amount of growth funding into Practice Insight, a maker of software-as-a-service-based revenue cycle management software aimed at healthcare providers. Halyard Capital has more than $600 million of capital under management. Practice Insight was formed in 2003, and is based in Houston.

EducationDynamics Adds On

EducationDynamics, a provider of marketing services to the education sector, has acquired Education Connection, a resource that helps prospective students find suitable colleges, from Kaplan. No financial terms were disclosed. EducationDynamics is a portfolio company of Halyard Capital.

An All-Equity Deal is a Bridge To Nowhere

The whole “bridge now, finance later” theme began last year when buyers realized they weren’t able to guarantee financing for deals. Rather than depend on lenders to get deals done, take out a bridge loan for the deal, which can be financed out later. Seems simple enough, right? Just another day of “creative dealmaking in […]

HCPro Adds On

HCPro Inc., a portfolio company of Halyard Capital, has acquired Beacon Health, a Mequon, Wis.-based provider of information and publications for the homecare and hospice industry. No financial terms were disclosed. Beacon was represented on the sale by W.B. Grimes & Co.

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