Alterna Equity Partners, a South Florida-based lower middle-market private equity firm, completed the 100% sale of one of its portfolio companies, Alterna Capital Solutions, to Paychex.
H.I.G. Capital, a global alternative investment firm with $57 billion of capital under management, completed the sale of its portfolio company Riveron to affiliates of Kohlberg & Company. H.I.G. will continue its partnership with Riveron through a minority investment. The sale was first announced in June.
Grovecourt Capital Partners, a private equity firm based in West Palm Beach, FL, acquired Premier Radiology Services, a provider of teleradiology services based in Miami. Greenberg Traurig acted as legal advisor to Grovecourt, and Capitala Group and Siguler Guff provided financing for the transaction.
Riveron, a national business advisory firm focused on the office of the CFO, private equity and other capital providers, entered into a definitive agreement to be acquired by affiliates of Kohlberg & Company. H.I.G. Capital will continue its partnership with Riveron through a minority investment.
Greenberg Traurig continued the expansion of its private funds group with the addition of Curtis Stefanak, an experienced fund formation and investment management attorney, as its client demand for private investment funds remains strong.
Greenberg Traurig expanded its corporate practice in California to meet client demand in the area of mergers and acquisitions with the addition of Ron S. Grace as a shareholder in the firm’s Los Angeles office.
MCAP Acquisition Corporation, a special purpose acquisition company sponsored by an affiliate of Monroe Capital, completed its business combination with AdTheorent Holding Company, a programmatic digital advertising company.
The Secured Finance Network (SFNet) added to its executive and management committees for fiscal year 2022. These leaders guide the association, make policy decisions, confirm new members and provide thought leadership in advocacy and education.
NextEdge completed the acquisitions of SBS Services Holdings, Tachyon and Spectrum Services. KeyBank Capital Markets served as lead left arranger and administrative agent and Citizens served as lead right arranger on a credit facility to support the transactions.