January 5, 2017
West Palm Beach, FL – Comvest Partners is pleased to announce the completion of the merger between Sunteck Transport Group (“Sunteck”) and TTS, LLC (“TTS”). Going forward, the company will operate under the name SunteckTTS (the “Company”). The Company will be one of the largest multimodal, agent-based freight management service providers in the U.S., approaching
November 21, 2016
West Chester, PA – Comvest Partners is pleased to announce the acquisition of Lasko Holdings, Inc., the largest provider of portable fans and heaters in the United States. Jerry W Levin Management Partners (“JWLMP”) will work with Comvest as an operating partner and also co-invested in the transaction. The company, which was founded by Henry
November 16, 2016
West Palm Beach, FL – Comvest Partners (“Comvest”) is pleased to announce that it has completed the sale of Convey Health Solutions (“Convey” or the “Company”), a specialized healthcare technology and business process outsourcing provider, to New Mountain Capital. Comvest acquired its original ownership stake in Convey in July 2009. Convey Health Solutions provides comprehensive,
April 18, 2016
West Palm Beach, FL. – April 2016: Wynnchurch Capital (“Wynnchurch”) and Comvest Partners (“Comvest”) announced the sale of USP Holdings Inc. (“U.S. Pipe” or the “Company”) to Forterra Building Products, a building products company based in Irving, Texas. Headquartered in Birmingham, Alabama, U.S. Pipe is a leading manufacturer of a broad line of ductile iron
February 17, 2016
West Palm Beach, FL – Red Hawk Fire & Security LLC, a leader in fire, life safety and electronic security services today announced its first acquisition since becoming an independent company with the purchase of Systems Sales Corporation. The purchase strengthens the company’s existing fire and security services operations in New Jersey, Philadelphia and Delaware.
January 19, 2016
West Palm Beach, FL – Comvest Partners (“Comvest”), today announced that it has completed the acquisition of D&S Community Services (“D&S” or “the Company”), a leading provider of residential and community-based services to individuals with intellectual and developmental disabilities (IDD). This investment is Comvest’s second out of its latest private equity fund, Comvest Investment Partners
January 8, 2016
West Palm Beach, FL and Boston, MA – Comvest Partners (“Comvest”), through its Comvest Capital lending platform, and Crystal Financial LLC (“Crystal”), a provider of debt capital solutions to middle-market businesses, today announced that they have acted as Co-Agents in providing a term loan to Crest Financial (“Crest” or the “Company”). Founded in 2005, Crest
October 14, 2015
West Palm Beach, FL – Comvest Partners (“Comvest” or “the Firm”), a private investment firm that provides equity and debt capital to middle-market companies across North America, today announced the final close of its fifth private equity fund, Comvest Investment Partners V (“the Fund”), with $893 million in total capital commitments. The capital commitments consist
August 25, 2015
West Palm Beach, FL and Chicago, IL – Comvest Partners (“Comvest”) is pleased to announce the opening of a new office in Chicago. Comvest will leverage its Chicago office to further increase origination capabilities for its direct lending and control equity strategies. Expansion into Chicago comes at an exciting time in Comvest’s fifteen-year history. In
July 24, 2015
West Palm Beach, FL – Comvest Partners, through its Comvest Capital lending platform (“Comvest”), is pleased to announce that its third direct lending fund, Comvest Capital III, has closed on a $100 million committed revolving credit facility with Goldman Sachs Bank USA (“Goldman Sachs”), with an additional $50 million upsize structured through an uncommitted accordion