VirMedica buys TransEngen

VirMedica, which is backed by Petra Capital Partners, said Thursday it has acquired TransEngen. Petra and HealthQuest Capital led the $15 million financing for the deal. Shelton, Connecticut-based TransEngen provides technology that automates the benefits verification process for specialty products.

Salveo Completes Additional Financings and Acquisition

Specialty pharmacy company Salveo Specialty Pharmacy has completed a second round of equity and debt funding and the subsequent acquisition of Mission Road Pharmacy. Salveo Specialty Pharmacy is backed by Three Arch Partners, NewSpring Capital and Petra Capital Partners. The additional equity financing was led by new investor Sofinnova Ventures. The debt financing included additional subordinated debt provided by Petra, as well as a new senior credit facility provided by Regions Bank.

Petra Receives Small Business Investment Co Accolade

Petra Capital Partners, a private equity firm based in Nashville, Tennessee, has been recognized as one of two Small Business Investment Companies to receive the award for Small Business Investment Company of the Year. The award was presented to Michael Blackburn, founding partner of Petra Capital, at the National Small Business Week 2012 award event […]

SV Life Sciences, Petra Captial Provide Funding to WellNow Urgent Care

WellNow Urgent Care has lauched with $35 million in committed capital from investors including SV Life Sciences, Petra Capital Partners and River Cities Capital Funds. Nashville, Tenn-based WellNow focuses on treating patients in underserved markets. PRESS RELEASE WellNow Urgent Care, a new urgent care company focused on treating patients in underserved markets, has launched operations […]

AM3 Inks $30m Funding

Media services provider Access Media 3 has secured $30 million in funding from ORIX Venture Finance and Petra Capital Partners. Access Media 3 is headquartered in Oak Brook, Illinois. PRESS RELEASE Media services provider Access Media 3 (“AM3″) has received $30 million in funding from ORIX Venture Finance and Petra Capital Partners. This cash infusion […]

New Century Hospice raises $20M in Series A

Texas-based hospice company New Century Hospice has raised $20 million in Series A financing. The round was led by Scale Venture Partners and Petra Capital Partners. The funding will be used to expand its standalone care centers in Texas and the surrounding states. Mark Brooks and Lou Bock of ScaleVP and David Fitzgerald of Petra Capital will now join the New Century board.

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