News

Sverica Capital Management Announces Acquisition of iWave Information Systems Inc.

San Francisco, California – June 21, 2017 – Sverica Capital Management LLC (“Sverica”), a private equity investment firm, along with Ross Beattie and Gerry Lawless, announced today that they have acquired iWave Information Systems Inc. (“iWave” or the “Company”) from Jamie Hill of Charlottetown PEI.  This acquisition marks Sverica’s third investment made from its fourth fund. iWave is a Software as a Service (SaaS) »

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Sverica Announces the Sale of Sheet Music Plus to Hal Leonard

Emeryville, California – February 27, 2017 – Sverica Capital Management LLC (“Sverica”) announced today the sale of Sheet Music Plus LLC (“Sheet Music Plus” or “SMP”) to Hal Leonard LLC.  Founded in 1997, Sheet Music Plus is a leading online retailer of sheet music with a library of over 1 million titles. Over the course of Sverica’s investment, Sheet Music Plus meaningfully expanded its »

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Sverica Capital Management Announces the Sale of Optiv Security to KKR

San Francisco, California — February 1, 2017— Sverica Capital Management LLC (“Sverica”) today announced the closing of the sale of Optiv Security (“Optiv”), a market-leading provider of end-to-end cyber security solutions, to KKR.  This marks the culmination of a very successful partnership with Optiv, and its predecessor company, Accuvant Inc., during which the Company experienced extraordinary growth, increasing revenues more than 14x and EBITDA more »

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Sverica Capital Management Reaches Agreement to Sell Majority Stake in Inpatient Medical Services to Island Medical Management

Akron, OH – October 1, 2016 – Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced today it has reached an agreement to sell a majority stake in Inpatient Medical Services, Inc. (“IMS”) to Island Medical Management, LLC (“Island Medical”) for an undisclosed amount. Based in Akron, Ohio, IMS is a leading provider of hospitalist and post-acute care physician services in Ohio, »

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Sverica Capital Management Announces Acquisition of RMS Healthcare Management LLC

Boston, Massachusetts – August 9, 2016: Sverica Capital Management LLC (“Sverica Capital”), a private equity investment firm, announced today that Sverica Fund IV has acquired a majority stake in RMS Healthcare Management, LLC (“RMS”), which provides management services to Med First Immediate Care and Family Practice, P.A. (“Med First”). This transaction marks Sverica’s second investment made from Fund IV.  Cadiz Capital LLC also participated »

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Optiv Security Further Strengthens New England Presence with Acquisition of Adaptive Communications

San Francisco, California – June 2, 2016 – Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced today that its portfolio company, Optiv Security, has completed its acquisition of Adaptive Communications LLC, a New England-based provider of robust and flexible information security solutions. The transaction further strengthens Optiv’s presence across New England while increasing its cyber security capabilities and expertise in the »

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Optiv Security Expands Identity and Access Management Leadership Position with Close of Advancive Acquisition

San Francisco, California – April 14, 2016: Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced today that its portfolio company, Optiv, has completed its acquisition of Advancive LLC, a provider of identity and access management (IAM) services and solutions. The transaction and resulting combination of people, know-how and best practices, allows Optiv to continue to expand its IAM expertise and offerings, »

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Sverica Capital Management Closes Fourth Private Equity Fund with $275 Million

Boston, MA and San Francisco, CA – March 22, 2016 – Sverica Capital Management LLC (“Sverica”), a leading growth-oriented lower middle market private equity firm, announced today the final close of its fourth private equity fund, Sverica Capital Partners Fund IV LP (“Fund IV”). Fund IV exceeded its original target, was oversubscribed and closed at its hard cap of $275 million. Sverica will use »

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Sverica Capital Management Announces the Sale of the Bartech Group to Impellam Group

Southfield, Michigan – December 8, 2015 – Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced today the sale of The Bartech Group Inc. (“Bartech”) to Impellam Group plc (LON: IPEL) (“Impellam”). Based in Southfield, Michigan, Bartech is a global provider of workforce solutions, which include Managed Services Provider (“MSP”) and Staff Augmentation services to Fortune 1000 and other enterprise-level Clients. Bartech »

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Sverica Capital Management Supports Resonetics Acquisition of Mound Laser

Boston, Massachusetts, November 3, 2015: Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced that its portfolio company, Resonetics, the market leader in providing laser micro manufacturing solutions to the medical device and diagnostic industry, had acquired Mound Laser and Photonics Center, Inc. (“Mound Laser”). Mound Laser a leader in laser micro manufacturing of precise metal components for the medical device and »

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Sverica Capital Management Announces Acquisition of Synoptek

San Francisco, California – November 2, 2015: Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced today that it has acquired Synoptek LLC (“Synoptek”) on October 30, 2015, which marks Sverica’s first investment made from Fund IV. Synoptek is an outsourced IT managed services provider that delivers a comprehensive suite of solutions for clients including 24 x 7 help desk support, cloud »

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Sverica Capital Management Announces the Closing of the Sale of MC Sign Company to Caltius Equity Partners

New York, NY – September 23, 2015 – Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced today it closed on the sale of MC Sign Company (“MC Sign”) to Caltius Equity Partners (“Caltius”). Based in Mentor, OH, MC Sign provides mission critical signage and lighting services to a variety of multi-site industries, including quick serve restaurant, retail, convenience stores, and hospitality. »

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Sverica Capital Management Announces the Closing of its Sale of RestorixHealth to an Investment Group Led by Leonard Green & Partners, L.P.

New York, NY – September 2, 2015 – Sverica Capital Management LLC (“Sverica”), a private equity investment firm, announced today it closed on its sale of RestorixHealth, Inc. (“RestorixHealth”) to an investment group led by Leonard Green & Partners, L.P. (“Leonard Green & Partners”). Based in Tarrytown, NY, RestorixHealth provides comprehensive, turnkey wound care management solutions to hospitals. Sverica acquired a majority interest in »

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Accuvant and FishNet Security Agree to Join Forces to Enable Customers to More Effectively Address the Growing Cyber Security Threat

Denver, Colorado and Overland Park, Kansas – November 5, 2014 – Accuvant and FishNet Security, two leading providers of information security services and solutions, today announced that they have signed a definitive agreement to join forces and create a new, combined company. This move brings together the complementary strengths of the two organizations, creating a new provider with a broader suite of services, smarter »

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Sverica International Announces Acquisition of Resonetics

Boston, Massachusetts – October 22, 2014: Sverica International Management LLC (“Sverica”), a private equity investment firm, announced today that its Fund III acquired Resonetics, LLC (“Resonetics”) on October 21, 2014. Resonetics is a leading supplier of laser micromachining solutions to the life sciences industry with a particular focus on polymers. Resonetics supports its customers with a state-of-the-art prototyping and process development center and a »

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Sverica International Supports RestorixHealth Acquisition of Paradigm Medical Management

Boston, Massachusetts – September 16, 2014 – Sverica International Management LLC (“Sverica”), a private equity investment firm, announced that its portfolio company, RestorixHealth, a comprehensive wound care management company, had acquired Paradigm Medical Management (“Paradigm”). Paradigm, also a wound care management company, operates outpatient wound care centers and the Amputation Prevention Centers of America™ network. The combination creates one of the largest and most »

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Sverica International Announces the Closing of its Sale of a Majority Stake in Accuvant to Blackstone

Denver, Colorado – April 22, 2014 – Sverica International Management LLC (“Sverica”), a private equity investment firm, announced today it closed on its sale of a majority stake in Accuvant, Inc. (“Accuvant”) to Blackstone (NYSE: BX) (“Blackstone”). Based in Denver, Colorado, Accuvant is a leading provider of information security solutions and services to enterprise-class organizations. Sverica will retain a minority interest in the business »

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Sverica International Supports RestorixHealth Acquisition of Candescent Healing

Boston, Massachusetts – January 7, 2014 – Sverica International Management LLC (“Sverica International” or “Sverica”), a private equity investment firm, announced today that it made an additional equity investment in RestorixHealth, a comprehensive wound care management company. The investment supports RestorixHealth’s acquisition of Candescent Healing, which operates outpatient wound care centers. The combination creates one of the largest networks of wound care service providers »

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Sverica International Makes Growth Investment in 7Summits

San Francisco, California – December 18, 2013 – Sverica International Management LLC (“Sverica”), a private equity investment firm, announced today that it has made a growth equity investment in 7Summits, LLC (“7Summits”), a rapid growth company with headquarters in Milwaukee, Wisconsin. 7Summits is a leading provider of social business consulting and agency services, assisting clients to transform their businesses and drive results through online »

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Sverica International Announces the Sale of Pivot to Rogers Communications for C$155 million

Calgary, Alberta – September 23, 2013 – Sverica International, a private equity investment firm, announced today the sale of its portfolio company Pivot Data Centres Inc. (“Pivot”) to Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) (“Rogers”) for C$155 million. Based in Calgary, Alberta with an additional facility in Edmonton, Alberta, Pivot is a leading data centre solutions provider in Western Canada, specializing »

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Sverica International Announces its Acquisition of Dexmet Corporation

Wallingford, Connecticut, March 6, 2013: Sverica International Management LLC (“Sverica”) announced today that its Fund III acquired Dexmet Corporation (“Dexmet” or the “Company”) on March 1, 2013.  Dexmet develops and manufactures highly engineered expanded foils and polymers used in a variety of end markets.  The Company provides solutions for a range of mission critical applications, including lightning strike protection for major composite aircraft manufacturers, »

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Sverica Makes Growth Investment in Hospitalist Provider Inpatient Medical Services

Akron, Ohio, October 11, 2012 – Sverica International (“Sverica”), an operationally-oriented middle market private equity group with offices in Boston and San Francisco, announced today it has completed a recapitalization and growth investment in Akron, Ohio based Inpatient Medical Services, Inc.  (“IMS”).  IMS is a leading provider of outsourced hospitalist physician programs to acute and post-acute care facilities and community primary care physicians in »

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Sverica International Makes a Strategic Investment in the Bartech Group

Livonia, MI, March 12, 2012– Michigan-based Bartech Group (Bartech) announced Friday it has received an investment from Sverica International to fund its ongoing strategic growth. Bartech, a leading professional services firm, specializes in the delivery of workforce solutions to global corporations. Bartech’s primary offering allows customers to effectively control the costs, processes and risks associated with the procurement and administration of non-employee labor. In »

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Sverica International Announces the Sale of PsPrint to Deluxe Corporation

Oakland, CA, July 28, 2011 – Sverica International, a private equity investment firm, announced today the sale of its portfolio company PsPrint, LLC (“PsPrint”) to Deluxe Corporation (NYSE: DLX) (“Deluxe”). Based in Oakland, CA with additional operations in Bethlehem, PA, PsPrint is a leading online supplier of high-quality, custom printed promotional products and integrated design and mailing services to small- and medium- sized businesses, »

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Sverica International Announces its Acquisition of The Center for Wound Healing, Inc.

Tarrytown, NY, January 3, 2011: Sverica International announced today that it acquired The Center for Wound Healing on December 24, 2010. The Center for Wound Healing is a leading manager of comprehensive wound care treatment centers that offer advanced wound care and hyperbaric oxygen therapy. The Center for Wound Healing currently manages 32 wound care centers in the eastern United States in partnership with »

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Sverica International Announces Portfolio Company Accuvant’s Acquisition of Ciphent

Denver, CO, September 20, 2010: Sverica International announced today that Accuvant, a Sverica portfolio company, has acquired Ciphent, a provider of world-class cyber security solutions headquartered near Baltimore, MD. Accuvant is a research-driven information security partner delivering alignment, clarity and confidence to enterprise clients. With the acquisition, Accuvant gains several strategic and complementary service offerings that significantly enhance its ability to meet the information »

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Sverica International Announces its Investment in Doculynx, Inc., Facilitating the Acquisition of Anacomp’s docHarbor Online and Document Management Divisions

Omaha, Nebraska, September 2, 2010: Sverica International announced today that it made a capital investment in Doculynx Inc., a leading provider of document archive and retrieval, electronic distribution, and web presentment systems. Sverica’s investment was made to facilitate the acquisition of the analog and digital document processing assets of Anacomp, a company specializing in business process solutions. The investment significantly increases DocuLynx’s already robust »

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Sverica International Announces its Acquisition of Syscon Justice Systems

Vancouver, British Columbia, July 15, 2010: Sverica International announced today that it acquired Syscon Justice Systems on July 7, 2010.  Syscon provides software solutions to domestic and international corrections facilities and police departments.  Syscon offers a wide range of solutions to suit the enterprise needs of these organizations. Syscon is headquartered in theVancouver area with additional offices in London and Sydney. For Syscon, the »

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Sverica International Announces its Investment in Care Factor – The Data Centre Company

Calgary, Alberta, December 8, 2009: Care Factor – The Data Centre Company – has received a growth capital investment from Sverica International. Care Factor is a leading IT infrastructure solutions provider in Canada, and offers a full lifecycle of data center services to businesses, including designing, building, maintaining, relocating and co-locating data center facilities. Care Factor serves leading enterprises across industries, including energy, utilities, »

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Sverica International Completes Acquisition of Career Quest Learning Centers, Inc.

Boston, MA and San Francisco, CA – December 7, 2009 – Sverica International announced today that it has launched its second career college platform company Quest Education Corporation (“Quest”) by completing the acquisition of Career Quest Learning Centers, Inc. (“Career Quest”). Career Quest is a growing company in the post-secondary education industry, with campuses in Lansing and Jackson, Michigan. Career Quest trains and prepares »

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US Liner Company Announces an Investment by Sverica International

Cranberry Township, PA—October 20, 2009 – Sverica International has acquired a minority stake in US Liner Company (“USLCO”), a Division of American Made, LLC. USLCO is an innovative, industry leading manufacturer of thermoplastic composite solutions for a broad range of applications. Primary industries served include the truck trailer, rail transport, intermodal shipping container and recreational vehicle (RV) markets. USLCO proprietary manufacturing process combines continuous glass »

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Oasis Records Management Announces it has been Acquired by Sverica International and Housatonic Partners

Dublin, Ireland – May 27, 2009 – Oasis Holdings Limited (“Oasis”) announced today that it has been acquired by Sverica International and Housatonic Partners. Oasis is a growing company in the records storage industry, serving customers in the financial, legal, healthcare, and government sectors. The company’s service offerings include hard copy storage, media storage, imaging, digital archiving, and destruction. Oasis is headquartered in Dublin, »

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Sverica International Closes Third Private Equity Fund with $265 Million

Boston, MA and San Francisco, CA – April 28, 2009 – Sverica International, a leading growth-oriented private equity firm, has announced the closing of its third private equity fund, Sverica International III, LP (“SI III”) in November 2008. The lower-middle market focused investment firm had initially targeted $250 million and was oversubscribed. The final closing of SI III brings Sverica’s total assets under management »

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Sverica International Announces Accuvant Acquisition

Denver, CO – July 31, 2008 – Sverica International has acquired a majority interest in Accuvant, Inc. (“Accuvant”), a leading national provider of information security solutions and professional services to enterprise class customers. Accuvant is headquartered in Denver, Colorado. Financial details of the transaction were not disclosed. Accuvant resells a variety of security technologies manufactured by leading, best-of-breed technology vendors. In addition to the »

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Sverica International Announces MC Sign Acquisition

Mentor, OH – May 2, 2008 – Sverica International has acquired the assets of MC Sign Company (“MC Sign”), a leading national outsourced provider of sign installation programs and maintenance services based in Mentor, Ohio. Terms of the transaction were not disclosed. MC Sign provides large scale (150+ location) new sign construction programs, sign conversion / lighting technology retrofit programs, and general sign repair »

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Sverica Announces Center Rock Inc. Acquisition

Berlin, PA – February 8, 2008 – Sverica International has acquired a majority interest in Center Rock Inc. (“Center Rock” or “CRI”) and recapitalized the Company with current shareholders. Based in Berlin, PA, CRI is a leading manufacturer and distributor of bits, capital equipment and other consumables to the drilling industry. Terms of the transaction were not disclosed. Center Rock is an integrated drilling »

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Sverica Announces Sheet Music Plus Investment

Emeryville, CA – November 19, 2007 – Sverica International has acquired a minority interest in Sheet Music Plus (“SMP”), the leading online retailer of printed music products based in Emeryville, CA. Terms of the transaction were not disclosed. Sheet Music Plus is the world’s largest online retailer of sheet music. It offers shoppers over 400,000 products, including songbooks, scores, and instructional books. SMP’s unparalleled »

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