August 8, 2009
EMC’s new Asia-Pacific gateway provides EMC’s customers with a direct connection between the United States and Asia for private data networks and video content distribution at land and sea. MIAMI, FLORIDA – AUGUST 2009 – Emerging Markets Communications (EMC) has successfully purchased from Telesat Canada the Telesat Asia Pacific Gateway located in Kapolei, Hawaii. EMC’s
July 29, 2009
West Palm Beach & Sunrise Florida. ComVest NationsHealth Holdings, LLC, a wholly owned subsidiary of ComVest Investment Partners III, L.P., announced today that has it completed its previously announced acquisition of NationsHealth, Inc. (OTCBB:NHRX – News). In connection with the closing of the transaction, ComVest made a $5.0 million investment in NationsHealth in the form
May 1, 2009
Sunrise Florida, NationsHealth, Inc. (“NationsHealth”) announced today that it has entered into a definitive merger agreement pursuant to which NationsHealth shall be acquired and taken private by ComVest NationsHealth Holdings, LLC, a wholly-owned subsidiary of ComVest Investment Partners III, L.P. (collectively, “ComVest”), a Florida-based private equity firm. Under the terms of the definitive merger agreement,
February 22, 2009
Quincy, Mass. Pipeline Data, a provider of payment processing and services, today announced that it has entered into restructuring agreements with its convertible noteholders, as well as with the holders of a $16 million put claim against the Company. The transaction was led by The ComVest Group (“ComVest”). Under the terms of the transaction, the
January 12, 2009
Hi-Way Equipment, a portfolio company of ComVest, acquires Equipment Support Services, Inc. of Houston. The combined company will operate under the name of Hi-Way Equipment Company and the organization will boast eleven offices and more than 200 employees in the southeast, central and north Texas areas. The combined company offers a broad range of premier
December 28, 2008
West Palm Beach, Florida, December 2008 – The ComVest Group, through ComVest Investment Partners III, LP., has made an investment in a newly formed company to acquire, through a section 363 bankruptcy sale, certain assets of TWL Corporation. The Company, based in Carrollton, Texas, provides its content to approximately 2,000 clients and owns one of
September 5, 2008
General Environmental Management, Inc. (GEM) (OTC: GEVI.OB), a leading environmental and waste remediation company announced today it has completed the acquisition of Island Environmental Service, Inc. (IES), a California-based environmental transporter. The transaction was financed with the help of a $13.5m financing from The ComVest Group in the form of a revolving line of credit
August 14, 2008
The ComVest Group, through its Debt Fund, ComVest Capital, has provided $10 million in financing to Rave LLC, a leading supplier of advanced process solutions to the Semiconductor and Photomask Industries. The financing was structured as a $6 million senior working capital revolver and a $4 million purchase order finance line. About RAVE LLC Since
July 29, 2008
The ComVest Group, through its Debt Fund, ComVest Capital, has provided $17m in financing through a one-stop-shop credit facility consisting of a senior revolver, term loan and a purchase order finance facility. Emerging Markets Communications, Inc. (EMC) is a premier provider of integrated comprehensive satellite communications solutions in some of the most isolated and deprived
July 18, 2008
Kennett Square, PA based HWI Partners, LLC announces the acquisition of Custom Cable Industries, Inc from global office furniture leader, Steelcase Inc. (SCS). The transaction was completed on July 15, 2008. The transaction was funded with a combination of equity, seller financing and a $14m one stop financing provided by ComVest Capital. “We see tremendous