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PE-backed Paycom Software files for IPO

Paycom Software, which is backed by Welsh, Carson, Anderson & Stowe, has filed for an IPO. The number of shares to be offered as well as the pricing terms have yet to be set. The stock will list on the NYSE under the ticker symbol “PAYC.” Barclays Capital and J.P. Morgan Securities are the lead underwriters. Based in Oklahoma City, Paycom is a provider of HR services to businesses nationwide.

CIT backs WCAS’ NDX

CIT Group, a provider of financing and advisory services to small businesses and middle market companies, served as joint lead arranger in a $140 million senior secured credit facility for National Dentex, a dental lab services provider in the US. NDX is a portfolio company of Welsh, Carson, Anderson & Stowe. Financing was provided by CIT Bank, the U.S commercial bank subsidiary of CIT. Terms of the transaction were not disclosed.

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U.S. Anesthesia Inks Buy of Great Houston Anesthesiology Assets

U.S. Anesthesia Partners, which is backed by Welsh, Carson, Anderson & Stowe, said Monday that Greater Houston Anesthesiology P.A. will serve as U.S. Anesthesia’s cornerstone affiliated practice. As part of the deal, U.S. Anesthesia will buy the Greater Houston Anesthesiology assets that provide practice management and business support services. Financial terms were not announced. Greater Houston provides anesthesiology services for major medical facilities in Houston and Austin.

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Welsh, Carson Forms U.S. Anesthesia Partners

Welsh, Carson, Anderson & Stowe, along with industry veterans Kristen Bratberg and John Rizzo, has formed U.S. Anesthesia Partners. Fort Lauderdale Fla.-based U.S. Anesthesia Partners is a single-specialty physician services organization focused on anesthesia and perioperative care. Bratberg will serve as CEO of U.S. Anesthesia Partners while Rizzo is president and chief development officer.

Reuters: Welsh Carson pulls TransFirst sale on recap, WorldPay -sources

Buyout firm Welsh, Carson, Anderson & Stowe has ended talks on the sale of payment processing company TransFirst to pursue a dividend recapitalization, as potential buyers held out for combining it with a unit of private equity-owned peer WorldPay, sources said. Welsh Carson had hired investment boutique Financial Technology Partners to explore a sale of TransFirst, hoping to fetch between $1.3 billion and $1.5 billion in a sale, people familiar with the matter told Reuters in September.

DriveCam Adds $85M For Acquisition

San Diego, Calif.-based DriveCam Inc., a developer of video-based driver safety technology, has sealed $85 million from buyout firm Welsh Carson Anderson & Stowe. The funds are aimed at supporting the acquisition of RAIR Technologies, a provider of regulatory compliance technology for DOT-regulated fleets.

Welsh Carson To Buy Triple Point Tech from ABRY

Boston-based private equity firm ABRY Partners is expected to exit Triple Point Technology after five years, sources say.

Welsh, Carson, Anderson & Stowe is buying Triple Point, persons say. The $500 million sale is expected to close this week, one source says.

Westport, Conn.-based Triple Point provides software to manage commodities and enterprise risk. The company employs more than 600 people in 12 offices and support centers around the world, according to the Triple Point web site

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Welsh Carson Anderson & Stowe Backs GlobalCollect

Private equity investment firm Welsh Carson Anderson & Stowe has inked a stake in GlobalCollect, a provider of local e-payment services. The firm is buying a majority stake from growth equity firm General Atlantic. The terms of the transaction were not disclosed.

Top 10 List: Your Favorite HUB Posts This Week

What stories did your colleagues find to be must-read this past week? Below are the 10 posts that were most popular with regular readers of peHUB:

Miami Shop Eyes $450 Million for Growth Buyouts, by Bernard Vaughan

Arsenal Capital to Reload with Fund III, by Jon Marino

Banned for Life: Catching up with Entrepreneur Noah Kagan, by Connie Loizos

As Froth Makes Comeback, So Does ‘Sudden Wealth Syndrome,’ by Connie Loizos

BrightSource IPO Could Make Big Winners of VantagePoint, DFJ, by Mark Boslet

Welsh Carson Looking for “Toeholds”: Queally, by Bernard Vaughan

CI Capital Raises $620M for Roll-Up Deals, by Steve Bills

Poll Results: Majority Believes White iPhone 4 Will Be Released But Most Would Still Buy iPhone 5, by Luisa Beltran

Tony Roma’s, Known for Its Ribs, is Up for Sale, by Luisa Beltran

Patria, Backed by Blackstone, Seen Smashing $900M target of Fourth Fund, by Luisa Beltran

Welsh Carson Looking For “Toeholds”: Queally

Welsh Carson Anderson & Stowe, which typically does buyouts, is currently looking at several minority investments in public companies, Paul Queally, co-president of the firm, said during the closing panel at today’s Buyouts New York conference. “You might see some 13-Ds from us,” Queally said, in response to a question on opportunities the firm is […]

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