New Mountain Capital acquires Equian from GPP for $225 mln:UPDATED

By Iris Dorbian — 2 months ago

Great Point Partners has sold Equian to New Mountain Capital LLC for $225 million in cash. Based in Indianapolis, Equian is a health care information services company. UPDATE: In a separate release, Equian said it is merging with Louisville, Kentucky-based Trover Solutions Inc., which provides cost containment services and software to the private healthcare payer and property & casualty industries. Financial terms weren’t announced. Eir Partners advised New Mountain.

Continue

Ares Management and Harvest Partners buy Valet Waste

By Iris Dorbian — 5 months ago

Ares Management LP and Harvest Partners LP have acquired Tampa-based Valet Waste, a provider of amenity services for the multifamily housing sector. The seller was New Mountain Capital LLC. No financial terms were disclosed. Robert W. Baird & Co. acted as financial advisor to Valet Waste on the transaction.

Continue

HealthPort-IOD to buy ECS

By Luisa Beltran — 5 months ago

HealthPort-IOD, a portfolio company of New Mountain Capital, has acquired ECS. Financial terms weren’t announced. Phoenix-based ECS provides medical record retrieval services and software in the U.S.

Continue

UBS taps Goldman Sachs’ Justicz as MD

By Iris Dorbian — 6 months ago

UBS has named Max Justicz as a managing director in its Americas Financial Sponsors group, the company announced today in a memo. Justicz will join UBS in the fall and be coming from Goldman Sachs. There he has served as primary coverage banker for various private equity firms and their portfolio companies that include Carlyle, CVC Capital, BC Partners, Permira, Riverstone, Silver Lake, Jordan, New Mountain Capital, Oak Hill and CCMP Capital.

Continue

HealthPort to merge with IOD

By Luisa Beltran — 9 months ago

HealthPort, which is backed by New Mountain Capital, is merging with IOD. Financial terms weren’t announced but New Mountain is providing an investment. The merged company, which will have combined revenues of more than $450 million and 6,000 professionals, will provide secure access solutions for confidential medical information and related services and technology.

Continue

PSP Investments invests in New Mountain-backed AmWINS

By Chris Witkowsky — 10 months ago

Canada’s Public Sector Pension Investment Board has invested in AmWINS Group, a global distributor of specialty insurance products and services. The investment values AmWINS at an enterprise value of more than $2.3 billion. AmWINS is now equally owned by PSP Investments, New Mountain Capital and more than 400 AmWINS employees.

Continue

NuSil Technology names Waaser CEO

By Luisa Beltran — 11 months ago

NuSil Technology LLC, a portfolio company of New Mountain Capital, said Wednesday that it named Ernest Waaser as its CEO. He takes over from NuSil’s co-founder and CEO, Dick Compton, who is retiring as CEO, but will continue to serve as Chairman of the NuSil Board of Directors. Most recently, Waaser was an Operating Partner at Linden Capital Partners. Carpinteria, California-based NuSil supplies medical and space-grade silicones.

Continue

PE-backed Camber Corp recruits Nolan as CEO

By Iris Dorbian — 12 months ago

Camber Corp., a portfolio company of New Mountain Capital, has hired Philip O. Nolan as CEO. Nolan will replace Camber co-founder Walter Batson who will remain as chairman of the board of directors. Nolan is the former chairman and CEO of Stanley Inc. Based in Huntsville, Alabama, Camber is a professional services organization.

Continue

KRG sells Diversified Foodservice Supply to New Mountain Capital

By Iris Dorbian — 12 months ago

New Mountain Capital has acquired Diversified Foodservice Supply Inc from KRG Capital Partners. No financial terms were disclosed. Robert W. Baird & Co. was financial advisor to DFS on the transaction. Headquartered in Mount Prospect, Illinois, DFS is a provider of maintenance, repair and operations parts, supplies and equipment to the foodservice industry.

Continue

New Mountain Capital to acquire HealthPort

By Iris Dorbian — 1 year ago

New Mountain Capital has agreed to buy HealthPort. No financial terms were disclosed for the transaction, which is expected to be completed in the fourth quarter of this year. Credit Suisse and TripleTree were financial advisors to New Mountain on the deal. Based in Alpharetta, Georgia, HealthPort is a provider of medical information access management and compliance services on behalf of healthcare firms.

Continue