Private Equity News

Recent Posts

Archives

    CorVu Partners With ExecuEdge, Strengthening CorVu’s Business Intelligence Solutions

    CorVu Corporation (CRVU), the innovative provider of Performance Management software solutions, has partnered with ExecuEdge LLC. This partnership brings additional strength to the CorVu solution by navigating companies through the entire strategy life cycle. CorVu software solutions, together with consulting services from ExecuEdge, will help organizations integrate all disciplines critical for strategy formulation and execution.

    Allegiant Air Announces New Non-Stop Air Service to Orlando, $59 Fares

    Low-cost airline and ComVest Portfolio Company, Allegiant Air today announces new, nonstop jet service to the fun and sun of Orlando, Fla. The low-fare carrier will celebrate the convenient new service to the Sunshine State, with introductory fares as low as $59* each way, when booked at www.allegiantair.com. The self-proclaimed “Official Airline for Sunshine” will

    ComVest Sells Commerce One to Perfect Commerce, A Leading Provider of SRM Solutions

    Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSNSM), today announced it has acquired Commerce One, LLC, a leading e-commerce solutions provider. Commerce One pioneered e-commerce by bringing suppliers and buyers together over the Internet. With the acquisition, Perfect Commerce secures complete ownership of

    CorVu Reports Strong Second Quarter Results

    Revenues of $4.2 million, up 26% from the same period last year; Operating income of $0.4 million versus operating loss of $1.1 million last year MINNEAPOLIS, Jan. 19 CorVu Corporation (CRVU), an innovative provider of Performance Management software solutions, today announced financial results for the second quarter ended December 31, 2005 of its fiscal year

    ComVest Leads $10 Million Equity Investment in IT&E International

    November 11, 2005–(SAN DIEGO, CA)—ComVest Investment Partners II LLC (“ComVest”) announced today the recent completion of leading a $10 million equity financing in IT&E International Group, Inc. (“ITE&E”) to be used to repay existing debt, accelerate the previously announced acquisition strategy and fund continued expansion. Peter Sollene, the Chief Executive Officer of IT&E stated, “This

    Hologic Acquires Assets of Fischer Imaging, a ComVest Portfolio Company

    West Palm Beach, FL– (September 29, 2005) – Hologic, Inc. (NASDAQ: HOLX), a leading provider of diagnostic imaging and state-of-the-art digital imaging systems directed towards women’s health, today announced it has completed the acquisition of Fischer Imaging Corporation’s intellectual property relating to its mammography business and products, including the rights to their SenoScan digital mammography

    CorVu Corporation Names New CEO

    Corvu Corporation (CRVU), announced today the appointment of Joseph Caffarelli as President and Chief Executive Officer of CorVu Corporation. Joseph Caffarelli brings wealth of leadership experience in public and private equity markets to CorVu. Mr. Caffarelli brings to CorVu extensive management experience in growth environments including recent key management roles with both domestic and international

    Comvest Leads $39.5 Million Equity Investment in Allegiant Travel

    May 3, 2005–(LAS VEGAS, NV) – ComVest Investment Partners (“ComVest”) announced today the recent completion of private equity financing in Allegiant Travel, LLC (“Allegiant”) which provides the Company with $39.5 million of capital, jointly funded by private equity firm ComVest Investment Partners (“Comvest”), Irelandia II and Maurice J. Gallagher, the Company’s CEO and largest shareholder.

    ComVest Provides $10 Million Financing Committment to Fischer Imaging

    New York, NY—February 23, 2005—ComVest Investment Partners (“ComVest”), a private equity firm, today announced that is has entered into a $10 million financing agreement with Fischer Imaging Corp. (Pink Sheets:FIMG), a leader in medical imaging systems. Under the agreement, Fischer received an initial advance of $5 million and used the proceeds to retire all of

    ComVest Investment Partners Invests $6.5 Million in CorVu Corporation

    New York, NY—February 16, 2005—ComVest Investment Partners (“ComVest”), a private equity firm, today invested $6.5 million in CorVu Corporation (“CorVu”, OTC BB: CRVU), the innovative thought leader in performance management software. “ComVest will add significant strategic value to CorVu as we work to expand our customer base and market presence in the performance management software