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Fertility Centers of New England Acquires Fertility Solutions to Expand First Fertility Network

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Fertility Centers of New England Acquires Fertility Solutions to Expand First Fertility Network

Rocky Hill, CT, February 6, 2024 – First Fertility, one of the largest fertility networks in the United States announced today that Fertility Centers of New England, a First Fertility Center of Excellence, has acquired Fertility Solutions, a fertility center based in Massachusetts with offices also in Rhode Island. This partnership adds six new locations and four highly regarded, experienced, and compassionate physicians to Fertility Centers of New England, furthering the company’s vision to make fertility treatment more accessible in every community that we serve.

“This strategic acquisition expands Fertility Centers of New England’s ability to provide high-quality reproductive care from Falmouth, ME to Providence, RI through its now 18 locations, two IVF laboratories, and 9 physicians, “said Cara Reymann, CEO of First Fertility, “In addition to expanding our footprint in the region, we look forward to continuing to provide the highest quality of care to patients and an expanded tier of support to the staff.”

“The dedication to patient care of the physicians and staff at Fertility Solutions is well known in the region and we are delighted to have them join FCNE,” said Joseph A. Hill, M.D., President of FCNE. “Our shared philosophy of putting patients first is a natural fit. With equal measure of compassion and skill, we have helped thousands build healthy families. Now even more people throughout New England and beyond will be able to realize their dream of parenthood,” said Dr. Hill.

“My colleagues and I are excited to join FCNE, “said Dr. Ania Kowalik, Partner at Fertility Solutions. “We look forward to continuing our tradition of providing outstanding care to those needing our services as part of Fertility Centers of New England,” she continued.

About Fertility Centers of New England
Fertility Centers of New England is an international leader in the evaluation, diagnosis, and treatment of infertility. We combine advanced reproductive technologies with a comforting, supportive environment. Fertility Centers of New England has many convenient locations for treatment and cycle monitoring throughout New England. We accept all insurance plans and offer a range of options for self-pay patients, including donor oocyte cycles.

About First Fertility
First Fertility offers comprehensive and customized care for patients hoping to grow their families. We not only invest in reproductive endocrinology practices nationwide, but we also build strategic partnerships that put the focus on what matters most: taking care of patients. First Fertility has 37 locations in North America, serving patients in 13 states, including Alabama, Connecticut, Florida, Illinois, Louisiana, Maine, Massachusetts, Mississippi, Missouri, New Hampshire, New York, Oklahoma, and Rhode Island. Learn more at firstfertility.com.

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Clarest Health Acquires Remedi Senior Care in Strategic Move to Redefine Personalized Medication Management for Aging Population

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Clarest Health Acquires Remedi Senior Care in Strategic Move to Redefine Personalized Medication Management for Aging Population

Vienna, Va., January 8, 2024 – Clarest Health, a leading personalized medication management provider, announced today that it has acquired Remedi SeniorCare, a long-term and post-acute care pharmacy services provider, giving the company the size and scale to lead the post-acute care market.  The U.S. market for pharmacy care for the post-acute patient population is $5.7 billion, and the U.S. Rx fill market for medically complex patients is $115 billion.1 Financial terms of the acquisition were not disclosed.

“This is an exciting moment for us,” says Hammad Shah, CEO of Clarest Health. “By adding Remedi to our organization, we are uniquely positioned to transform post-acute pharmacy care for aging patients in the hospital, at home, in assisted living communities, and in skilled nursing facilities. Currently, there are many gaps in providing the best medication care to the aging population. We are committed to filling these gaps through technology-based medication optimization and fulfillment.”

This acquisition represents another stake in Clarest Health’s strategy to provide flexible medication management and reduce the complexities that patients and their caregivers face, as patients transition to and from the hospital, skilled nursing facility and home environments. In September 2022, Clarest Health purchased CSS Health whose proprietary technology offers real-time insights to identify vulnerable patients to ensure medication adherence. In October 2022, it purchased Integrity Pharmacy, a “pharmacy at home” service to serve patients in their home environment.  Now, with the acquisition of Remedi, Clarest Health expands its geographic footprint and technological capabilities.

“Remedi and Clarest share a mutual vision of embracing technology to provide patient-focused, pharmacy services and solutions,” said Jeff Stamps, CEO of Remedi SeniorCare. “We will combine Remedi’s proprietary, patented automation technology, PAXIT®, and customer portal, MyRemedi®, with Clarest Health’s post-acute medication management capabilities and data analytics to improve health outcomes.”

Today, multiple critical factors require a comprehensive approach to personalized medication management for patients including an aging population in which all baby boomers will be 65 years and older by the year 2030 ( U.S. Census).  Research shows that family members need better support to care for their aging parents. At least 17.7 million individuals in the U.S. are caregivers of an older adult, and 61 percent of family caregivers are women resulting in high stress.2.,3.

Additionally, the estimated annual cost of drug-related morbidity and mortality resulting from nonoptimized medication therapy was $528.4 billion equivalent to 16 percent of total U.S. healthcare expenditures in 2016 (NIH report).

 

About Remedi SeniorCare

Headquartered in Towson, Maryland, technology-enabled pharmacy services company Remedi SeniorCare partners with long-term and institutional care facilities to provide exceptional person-centered medication management programs and achieve improved business results through innovation, advanced technology solutions, and clinical expertise. Renowned for its long-term care pharmacy services and proprietary medication management system PAXIT® and its customer portal, MyRemedi®, Remedi SeniorCare leads medication adherence in Skilled Nursing facilities and Assisted Living communities.

About Clarest Health

As a mission-driven pharmacy health expert, Clarest Health offers an end-to-end, patient-centered medication management solution to support patients in optimizing, accessing, and adhering to, their medication regimen. Our flexible, comprehensive services integrate technology, human engagement, and proven processes to Advance Patient’s Health at Every Step while enabling our partners to achieve better business outcomes. For more information, visit www.clarest.com.

 

1. Source: L.E.K interviews research and analysis
2. Family Caregivers’ Interactions with Health Care and Long-Term Services and Supports – Families Caring for an Aging America – NCBI Bookshelf (nih.gov)
3. Caregiving in the U.S. 2020: A Focused Look at Family Caregivers of Adults Age 50+ – AARP Research Report Companion

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Sverica Capital Management Announces Growth Investment in Zyston

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Sverica Capital Management Announces Growth Investment in Zyston

San Francisco, CA – July 11, 2023 – Sverica Capital Management (“Sverica”), a private equity investment firm, announced today that it has made a strategic growth investment in Zyston (“Zyston” or the “Company”).

Founded in 2016, Zyston is a provider of comprehensive end-to-end cybersecurity solutions that enable businesses to improve their security posture and program management maturity. The Company offers managed detection and response services through its 24 / 7 / 365 security operations center in Dallas, Texas, where Zyston monitors, investigates, and disrupts advanced threats in real time. Zyston’s managed services offerings are bolstered by CyberCAST, an AI-driven automated security program maturity software solution which generates program scoring and converts takeaways into a business language easily understandable by executives and insurance providers.

“Since our inception, Zyston’s mission has been to serve our clients as their trusted security partner and to help them achieve growth and maturation of their information security programs,” said Craig Stamm, Founder and CEO of Zyston. “As we evaluated potential capital investors, Sverica differentiated itself as a committed partner who not only understood and shared our vision, but also appreciated the importance of preserving our firm’s culture. We are eager to start collaborating with the Sverica team to take Zyston to new heights.” Stamm will continue to lead the Company, while Frank Young, Managing Partner at Sverica, and Michael Dougherty, Principal at Sverica, will join Zyston’s Board as part of the transaction.

“Cybersecurity has long been a key focus area for Sverica, and the solutions that Zyston provides are more crucial than ever before as cyberattacks grow in both prevalence and sophistication,” said Frank Young, Managing Partner at Sverica. “Zyston is well positioned to capture the tremendous market opportunity at hand and has established strong marquee customer and partner relationships. We are very excited to build upon the great foundation that Craig and his team have created at Zyston to support their continued growth.”

Michael Dougherty, Principal at Sverica, added, “Organizations across all industries are looking to improve their cybersecurity posture. With the shortage of cyber talent and the level of expertise required to maintain an effective cybersecurity program, working with a specialized service provider like Zyston makes a ton of sense, and we believe Zyston is poised to be a winner in the managed security space. Craig and his team have fostered an outstanding customer-first culture.”

Sverica’s investment in Zyston represents its fourth platform investment in the cybersecurity space, including DeFY Security (active), ShadowDragon (active), and Optiv (realized).

About Zyston

Zyston is a managed services provider dedicated to providing businesses with a comprehensive range of end-to-end services required to build and operate a mature and cost-effective information security program. The company combines consulting, staffing, managed security services and AI-driven software to provide superior cyber program management. For more information, visit www.zyston.com.

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Sverica Capital Management Announces Strategic Growth Investment in First Stop Health

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Sverica Capital Management Announces Strategic Growth Investment in First Stop Health

Boston, MA – June 22, 2023 – Sverica Capital Management LP (“Sverica”), a private equity investment firm, announced today that it has made a strategic growth investment in First Stop Health (“FSH” or the “Company”).

Headquartered in Chicago, IL, FSH is an innovative, high-growth virtual care solution provider that works with mid-size and enterprise employers to help reduce healthcare costs and provide convenient care options for their employees. FSH delivers virtual access to urgent care, primary care, and mental health providers for a per employee per month (“PEPM”) fee with no cost to patients. The Company drives market leading employee engagement and satisfaction because of its intuitive user interface, and robust provider network. Founded by Patrick Spain and Dr. Mark Friedman, FSH works with more than 700 unique employers which they sell to via a nationwide network of employee benefit brokers and consultants. 

“Our search for a capital partner focused on firms that embraced our commitment to the patient experience. We are thrilled to partner with Sverica, who understands how to leverage our strengths to accelerate our growth,” said Teira Gunlock, CEO of FSH. Gunlock will continue to lead the Company, while Gregg Osenkowski, Partner at Sverica, and Doug Patrican, Vice President at Sverica, will join the First Stop Health Board of Directors.

“We are excited to partner with the First Stop Health team and to advance their mission to provide employers and employees with the highest quality virtual health services.  First Stop Health’s market leading user engagement delivers on the promise of virtual care as the digital front door to the healthcare system, resulting in tangible ROI to employers,” said Gregg Osenkowski, Partner at Sverica.

Doug Patrican, Vice President at Sverica, added “First Stop Health’s focus on delivering exceptional patient care permeates the entire organization and we look forward to supporting the FSH team as they continue to execute on their vision and growth plans.”

About First Stop Health

First Stop Health (FSH) provides care that people love with various digital healthcare services. Patients can access virtual care 24/7 via app, website, or phone. FSH helps patients save time and money with safe, convenient, high-quality virtual care solutions – Primary Care, Urgent Care & Mental Health. FSH was named one of Inc. Magazine’s Best Workplaces of 2022 and 2023 and ranked one of the fastest-growing private companies for the past 5 years by Inc. 5000. For more information, please visit www.fshealth.com.

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ShadowDragon Named 2023 Technology Pioneer by World Economic Forum

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ShadowDragon Named 2023 Technology Pioneer by World Economic Forum

Hoover, AL –  June 21, 2023 – ShadowDragon™, a provider of ethical open source intelligence (OSINT), unique datasets and APIs, was selected among hundreds of candidates as one of the World Economic Forum’s 2023 “Technology Pioneers”. This exclusive cohort represents global companies at the forefront of new technologies and innovation, and that are poised to make a significant impact on society.

One of ShadowDragon’s most important missions is making the world a safer place by developing easy-to-use digital investigation tools that simplify the complexities of modern online investigations. ShadowDragon tools, data and training courses are made available to vetted law enforcement, public servants and corporate organizations who provide protection to their communities — from building cases against organized crime, to managing public health crises or physical threats against employees.

“Throughout my career, from earlier years as an ethical hacker, to being an investigator tasked with solving complex insider threat cases, OSINT was a place to turn in pursuit of more information to identify exactly who was behind those complex threats,” said Daniel Clemens, CEO and Founder of ShadowDragon. “I believe that the lawful use of publicly available information can save lives, reduce crime and hold those who take advantage of the weak accountable. As a Technology Pioneer, ShadowDragon looks forward to contributing to both dialogue and action around new solutions that overcome global crises such as human trafficking and child exploitation.”

ShadowDragon has also partnered with nonprofits that share common goals, including stopping human traffickers, to empower investigators with the ShadowDragon tools and tested investigative methods. ShadowDragon delivers OSINT from over 200 networks, including social media platforms, chat rooms, forums, historical datasets and the dark web. By streamlining the collection of this publicly available information, analysts are able to work more quickly, and look for patterns and ask questions about the data to learn more about the problem they’re trying to solve.

“We’re excited to welcome ShadowDragon to our 2023 cohort of Technology Pioneers,” said Verena Kuhn, Head of Innovator Communities at the World Economic Forum. “ShadowDragon and its fellow pioneers are at the forefront of innovation and disruption needed to help us solve the world’s most pressing issues. We look forward to their contribution to the Forum’s content work that brings together the public and private sector to tackle these global issues.”

More information on this year’s Technology Pioneers can be found here. For more information about the ShadowDragon suite of OSINT tools and capabilities, such as SocialNet, OIMonitor, MalNet, Spotter and Horizon, click here.

About ShadowDragon

ShadowDragon provides comprehensive, cyber investigative resources and training for use by private companies, intelligence gathering professionals, law enforcement, and government. The U.S.-based company delivers open source intelligence (OSINT) from over 200 networks including social media platforms, chat rooms, forums, historical datasets, and the dark web. The company monitors malware history, data breach dumps, and other areas for active cyber threats. These data collection and analytic tools help defend against malicious acts in the digital and physical world. For more information, visit www.shadowdragon.io. Visit the ShadowDragon Trust Center for details about the company’s approach to “OSINT for good”.

About World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).

About the Technology Pioneers

Launched in 2000, the Technology Pioneer community is composed of early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. The World Economic Forum provides the community with a platform to engage with public and private sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.

The Technology Pioneers community is part of the Innovator Communities within the Forum’s Centre for the Fourth Industrial Revolution. The Innovator Communities convene the world’s leading global startups across different growth stages from early-stage Technology Pioneers to growth-stage Global Innovators and unicorn companies valued at more than $1 billion.

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Cytracom Hires CISO, Launches Trust Center to Raise the Bar in Cybersecurity for MSPs

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Cytracom Hires CISO, Launches Trust Center to Raise the Bar in Cybersecurity for MSPs

Allen, TX  –  April 14, 2023 – Allen-based Cytracom, a provider of cloud solutions for managed service providers (MSPs), has announced the appointment of Chief Information Security Officer James Hill and the launch of its Trust Center. 

The two moves underscore Cytracom’s commitment to staying ahead of the curve in cybersecurity and its dedication to providing its partners with the tools and resources they need to navigate the constantly changing landscape of cybersecurity threats, company execs say.

According to Co-founder and CEO Zane Conkle, the company is building on its already-strong security practices. “With the ever-evolving risks faced by MSPs and businesses, investing in security leadership and establishing a Trust Center that offers immediate access to learn about our security practices, view our compliance audits, and stay updated on the latest methods for securing customer environments, demonstrates our unwavering dedication to protecting our partners,” he said in a statement.

The company’s investment and commitment to security and compliance will accelerate its success and that of its partners, highlighting why more MSP channel partners choose the company, he notes.

Appointment of Cybersecurity Veteran James Hill

Cytracom COO John Tippett says the company’s “channel partners trust them with their own network security as well as their clients, and with the rapidly increasing cyber risk in the industry, Cytracom has made a strategic decision to invest in a CISO.”

In a statement, Tippett said Hill’s expertise in the MSP channel, corporate and public sector risk assessments, forensics, NIST framework, and vulnerability management aligns with the company’s business and partners.

As CISO, Hill’s role is to ensure Cytracom and its employees are working securely, minimizing exposure and risk with an effective and sustainable cybersecurity strategy and program, the company said. Hill also is responsible for anticipating future threats and ensuring the company and its channel partners are prepared to meet them.

Hill’s “vision, talent, and immediate call for the Trust Center introduces another lens on security and new resources to help our partners successfully navigate the security challenges in today’s market,” Tippett said.

The Cytracom Trust Center

The new trust center was developed in response to requests from Cytracom’s partners. Designed to improve communication and trust between the company and MSPs, it offers access to its security practices and compliance audits.

The new portal will notify subscribed partners in real time of any changes to Cytracom’s security and compliance status and help speed up the sales cycle by providing faster access to compliance documentation, according to a news release.

Seeing Potential

Cytracom was founded in 2008 by Conkle and other industry veterans who recognized the potential of cloud-based communications for businesses. The company started out providing VoIP services to businesses but expanded to offer a wider range of cloud-based solutions for managed service providers.

Today, the company’s solutions include communications, security, and networking in a single platform to help MSPs connect and secure traditional and hybrid workforces.

In 2020, the company was acquired by San Francisco-based private equity firm Sverica Capital Management for an undisclosed amount. The acquisition provided backing to Cytracom to enhance its range of services offered to MSPs, develop additional features for its services, and accelerate the company’s growth.

The company moved to Allen in 2017.

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Coastal Cloud President and Co-founder Sara Hale Named Among Inc.’s Top 200 Female Founders

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Coastal Cloud President and Co-founder Sara Hale Named Among Inc.’s Top 200 Female Founders

Palm Coast, FL, USA  –  April 13, 2023 (GLOBE NEWSWIRE) Inc. this week announced its sixth annual Female Founders list honoring a bold group of 200 women whose innovations and ideas are shaping the world into a better place.

The founders cross all industries and bring with them unique stories of success from each stage of the entrepreneurial journey — from startup to going public, being acquired by big buyers, or spending decades at the helm of an organization. They are reinventing everything from shoes to food and are challenging issues like financial literacy and reproductive health.

“Ten years ago I set out to inspire women in tech and enable top-tier talent to have a work-life harmony that was very rare in consulting,” states Hale. “We continue to break the mold, staying true to who we are and succeeding at scale. Our team is 100% on-shore, is 47% women, and achieves industry-leading retention and profitability.”

Coastal Cloud is a Salesforce Multi-Cloud Expert Partner providing consulting, implementation, and managed services for businesses, nonprofits, and the public sector. With multi-year CAGR exceeding 40%, the company again surpassed revenue goals in 2022 and grew team size to become the largest Salesforce-focused consulting firm in North America. Coastal Cloud also leads the industry in customer satisfaction, receiving the Salesforce Partner Innovation Award in Customer Success for three consecutive years.

Hale’s focus on culture as a strategic differentiator has continued this year through mentoring, lectures, and her role in developing the Salesforce Women Founders Group. Coastal Cloud has also continued to increase opportunities for the next generation by expanding its internship program across the country.

Each year, Inc. editors review thousands of applications highlighting female founders who are challenging the status quo and tackling some of the world’s biggest problems. The list features women who have overcome challenges and lifted those around them while leading impactful organizations across the country. They join the ranks of previous honorees including Jessica Alba, Tracee Ellis Ross, Rihanna, and Shonda Rhimes.

“These 200 female founders have identified solutions to difficult problems and created valuable, industry-changing companies out of them. We congratulate this year’s list on their achievements and look forward to their continued success,” says Inc. editor-in-chief Scott Omelianuk.

To see the complete list, go to: https://www.inc.com/female-founders

About Coastal Cloud 

Coastal Cloud is a Salesforce Multi-Cloud Expert Partner based in Palm Coast, Florida. Through its unique consulting business model, the company provides implementations and managed services to assist clients in migrating to next-generation systems.  With a team of over 500 experts holding more than 1,700 Salesforce certifications, Coastal Cloud has pre-configured the Salesforce platform to serve a wide variety of industries, including communications and media, healthcare, high-tech, manufacturing, private equity, and more. Coastal Cloud has earned a 5/5 Customer Satisfaction rating on the Salesforce AppExchange and is ranked #1 on G2.com for Salesforce Consulting. For the third year in a row, Coastal Cloud has received the Salesforce Customer Success Partner Innovation Award. For more information, please visit www.CoastalCloud.US.

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Sverica Capital Management Announces Investment in Hirebotics

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Sverica Capital Management Announces Investment in Hirebotics

Boston, MA – March 29, 2023 – Sverica Capital Management LP (“Sverica”), a private equity investment firm, today announced that on March 24th it made a strategic investment in Hirebotics, an innovative, high-growth automation company that has created a differentiated collaborative robot solution designed specifically for welding applications.

Based in Nashville, Tennessee, Hirebotics’ Cobot Welder is a revolutionary product that combines premium welding equipment and a robotic arm with easy-to-use robust proprietary software to help address an acute shortage of skilled welding technicians.  Founded in 2015 by Rob Goldiez and Matt Bush, then later joined by Zach Boyd, Hirebotics delivers a “cobot” solution that is controlled using a groundbreaking software application, Beacon, that was internally developed and is cloud-based.  In addition to direct sales, Hirebotics maintains key industry partnerships with leading manufacturers and distributors of welding equipment to extend its market reach.

Hirebotics’ approach to tool-in-hand applications like welding can readily be applied to adjacent use-cases. Sverica’s strategic investment is intended to facilitate Hirebotics’ realization of its full-potential within the welding automation market and expansion into new markets. Rob Goldiez, founder and CEO commented, “Our search for a capital partner focused on firms that understood Hirebotics’ business model and growth opportunities and would allow us to take full advantage of a rapidly growing market need due to the shortage of skilled labor. Sverica is a great fit for our needs and we are excited about partnering with them to take Hirebotics to the next level.”

Dave Finley, Managing Partner at Sverica said “We are pleased to partner with Rob, Matt and Zach to help them develop and execute a growth strategy into an exciting and evolving area of manufacturing.  Hirebotics’ impressive performance has them literally leading the development of a new market and is a testament to their collective business acumen, corporate culture and customer-focused model.”    

About Hirebotics

Founded in 2015, Hirebotics is a cobot technology developer headquartered in Nashville, Tennessee. Hirebotics designs and develops tools to improve the productivity, usability and affordability of collaborative robot systems. Hirebotics entered the welding automation space in 2019 as a key collaborator in the development of an early cobot welding system. In 2020, Hirebotics launched Beacon, a powerful robot software platform with support for applications, remote monitoring, and 24/7 global support functionality.

For more information, please visit www.hirebotics.com.

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Sverica Capital Management Closes $750 Million Fund VI at Hard Cap

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Sverica Capital Management Closes $750 Million Fund VI at Hard Cap

Boston, MA and San Fransisco, CA – March 22, 2023  Sverica Capital Management (“Sverica”), a leading growth-oriented middle market private equity firm, announced today the close of its sixth private equity fund, Sverica Capital Partners VI (“Fund VI”) on March 15, 2023. Fund VI exceeded its target, was oversubscribed and closed at its hard cap of $750 million of total limited partner commitments. Sverica will use Fund VI to continue its strategy of investing in companies that are, or have the potential to be, category leaders within their respective industries. Sverica will also remain focused on businesses within the technology, business services, healthcare and advanced industrial sectors.

Dave Finley, Managing Partner at Sverica, said, “Maintaining the interest and trust of our limited partners to manage this new pool of capital is an honor. We have built a great team here at Sverica and are excited to continue following the investment and portfolio management strategies that have been proven through successive funds.”

Sverica invests in companies at the lower end of the middle market in its sectors of focus. Fund VI will target businesses with enterprise values of up to $250 million with strong growth characteristics and differentiated solutions or products. Sverica looks for opportunities to partner with talented business leaders and assist them on their growth journeys, with the hope of achieving goals together that they would be challenged to meet without Sverica’s support. Sverica’s investment returns are driven by identifying areas to reinvest back into businesses, augmenting a company’s talent, and building systems, processes and infrastructure to scale an organization during its investment period.  Over many years, Sverica has built its own set of best practices and standard operating procedures to support a repeatable and consistent investment process that will endure over the long-term.

Jordan Richards, Managing Partner said, “We are humbled and honored by the support from our longstanding limited partners and small group of new investors.  Fund VI will enable Sverica to invest in the next generation of entrepreneurs striving to be leaders in their industries as we actively provide support to achieve their goals.” 

Frank Young, Managing Partner commented, “The success of this fundraise, despite a very challenging environment for raising capital, is a testament to our outstanding team. We are fortunate to work with many talented, high character individuals, and are grateful for their passion, dedication and hard work.”

Sverica has raised nearly $2 billion across six funds and invested in 44 portfolio companies since inception. 

 

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Coastal Cloud Wins the EFI Entrepreneur and Job Growth Award

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Coastal Cloud Wins the EFI Entrepreneur and Job Growth Award

Palm Coast, FL – December 16, 2022 Coastal Cloud announced it has been recognized for excellence in digital transformation and innovation, contributing to job creation and economic sustainability. Coastal Cloud credits this achievement in part to its unique business model and core principles which attract diverse talent resulting in a company of over 44% women, a statistic that breaks the mold in technology consulting.

For this innovative work, Coastal Cloud was awarded the EFI Entrepreneur and Job Growth Award during its most recent Board of Directors meeting in St. Augustine.

Founded in 2012, Coastal Cloud is a Salesforce Multi-Cloud Expert Partner providing consulting, implementation and managed services for businesses, nonprofits, and the public sector. With a team of over 500 experts holding more than 1,200 Salesforce certifications, Coastal Cloud has also been recognized by Salesforce for the past 3 years as the only winner of the Customer Success Award out of 1900 partners worldwide.

“We focus on workforce development,” said Sara Hale, Coastal Cloud’s President and Co-Founder. “We are able to recruit great experienced talent, but we have also invested in growing talent. We now have a formal internship program that recruits from many universities, and this January we are kicking off an apprenticeship program to identify talent from diverse backgrounds.”

“We are honored to be recognized by Enterprise Florida with this award,” Hale continued. “We would not be where we are today without the incredible support that we have received in Florida, from CareerSource FlaglerVolusia, CareerSource Florida, the Florida Dept of Economic Opportunity, JAXUSA, JAX Chamber, GrowFL and Enterprise Florida. This state has proven itself to be a great place to start a business and we will be forever thankful that we chose Florida.”

About the EFI Entrepreneur and Job Growth Award 

The Enterprise Florida Entrepreneur and Job Growth Award was established by Enterprise Florida in 2019 to recognize Florida businesses that have created jobs and invested in communities across the state.

About Enterprise Florida

Enterprise Florida, Inc. (EFI) is a public-private partnership between Florida’s business and government leaders and is the principal economic development organization for Florida. EFI’s mission is to expand and diversify the state’s economy through job creation.

About Coastal Cloud

Coastal Cloud is a Salesforce Multi-Cloud Expert Partner that provides consulting, implementation and managed services to businesses, nonprofits, and the public sector. Founded in 2012, the company offers insight and expertise into a wide variety of industries, including communications and media, healthcare, high-tech, manufacturing, private equity and more. Coastal Cloud has earned a 5/5 customer satisfaction rating on the Salesforce AppExchange and is the #1 rated consulting partner on G2Crowd.com. Coastal Cloud attributes its success to a unique company culture, nimble expertise, and onshore-only teams. With a team of over 500 experts holding more than 1,200 Salesforce certifications, Coastal Cloud has been recognized by Salesforce for the past 3 years as the only winner of the Customer Success Award out of 1900 partners worldwide. For more information, please visit www.CoastalCloud.US.

 

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