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
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
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
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
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 (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
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.
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
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
New York, NY—September 8, 2004—ComVest Investment Partners (“ComVest”), an institutional investment firm, finalized today its going-private acquisition of Catalyst International, Inc. (“Catalyst”), a global provider of customer-driven software and services that optimize the enterprise supply chain, following approval by Catalyst’s public shareholders on September 2, 2004. ”In ComVest we found the experienced financial partner we
