Chicago, IL – January 2017 – Comvest Partners, through its Comvest Capital lending strategy (“Comvest”), has provided a credit facility to Transfast LLC (“Transfast” or the “Company”), a cross-border payments provider. The Comvest credit facility provides up to $40.0 million to fund business expansion and working capital growth. “We are pleased to support the Company’s
West Palm Beach, FL – January 2017 – Comvest Partners, through its Comvest Capital (“Comvest”) lending strategy, has acted as Administrative Agent in providing a $16 million Term Loan and Revolver to Acuity Eye Specialists (“Acuity” or the “Company”), a vertically integrated provider of eye care services with over 40 clinics in Southern California. The
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
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
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,
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
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.
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
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
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
