Category Archives: news

ePredix, Inc. Announces Sale to Veronis Suhler

ePredix, Inc. has agreed to sell its business to Veronis, Suhler, Stevenson (“VSS”) as a part of VSS’s merger of ePredix and Qwiz, Inc. ePredix, Inc. is a leading provider of soft skills assessment and employee development content, as well as human capital strategy and performance management research. ePredix can scientifically predict for employers who… Continue Reading →

Swiss-Belhotel Hualun, Hefei Selects Softbrands Medallion as Its Property Management System for China Operations

MINNEAPOLIS — SoftBrands, Inc., has sold its first Medallion property management system in China to Swiss-Belhotel Hualun, Hefei. SoftBrands announced Medallion’s availability for the China hotel industry in April 2005. Medallion’s double-byte and multi-language capability makes it particularly well suited for properties servicing the fast growing, international tourism market in China. Swiss-Belhotel Hualun, Hefei, a… Continue Reading →

eCollege Names Tom Dearden as CEO and Bob Haimes as COO of Datamark, Inc.

CHICAGO, March 25 /PRNewswire-FirstCall/ — eCollege(R), a leading provider of value-added information services to the post-secondary education industry, today announced that it has named Tom Dearden as CEO and Bob Haimes as COO of Datamark, Inc., the Enrollment Division of eCollege. Dearden, who previously served as president and COO of Datamark, replaces Arthur Benjamin, who… Continue Reading →

OrderMotion, a division of CommercialWare, Announced the Introduction of its Services with Aggressive Timelines (SWAT) Program

OrderMotion, a division of CommercialWare, Inc., the leading provider of multi-channel commerce infrastructure solutions for retailers, today announced the introduction of its Services with Aggressive Timelines (SWAT) program, a customer service program that cuts implementation time of its OrderMotion offering by 75 percent. Created to meet increasing customer demand to purchase and then quickly deploy… Continue Reading →

Infotrieve Acquires GenSys Software

Infotrieve has added another key component to its soon-to-be-launched life sciences electronic research platform, after acquiring GenSys Software. The GenSys electronic laboratory notebook (ELN) will be integrated with Infotrieve’s existing information search products, to create a complete collection of tools integrated into the workflow of research-intensive industries. Infotrieve’s director of product marketing, Jenny Connelly, told… Continue Reading →

ePartners Teams with CDW to Provide Enhanced Microsoft Business Solutions Services to Small and Medium-Sized Businesses

Pairing Connects Microsoft’s 2004 Global Partner of the Year with a Successful Microsoft Large Account Reseller MICROSOFT CONVERGENCE 2005: SAN DIEGO, CA – ePartners (www.epartnersolutions.com), a leading global Microsoft Business Solutions (MBS) consultancy, and CDW Corporation (NASDAQ:CDWC, www.cdw.com), a FORTUNE 500 provider of technology products and services to business, government and education, today announced that… Continue Reading →

U.S.I. Holdings Corporation to Acquire Summit Global Partners

U.S.I. Holdings Corporation (“USI”) announced that it has closed on the acquisition of Dallas, TX headquartered Summit Global Partners (“SGP”). Established in 1996, SGP is, according to published sources, the 14th largest privately held insurance brokerage firm in the United States. SGP specializes in risk management and employee benefits for middle market companies throughout the… Continue Reading →

CRP V Advisory Board Expanded

Capital Resource Partners is pleased to announce the expansion of its CRP V Advisory Board. Joining the Board are Graham Beare, Ronald A. Kahn and Steven J. Lee. Graham Beare is Vice Chairman of Managerial Design, a strategy and management practices consulting firm that has assisted 130 organizations over its 30 year history. Prior to… Continue Reading →

eCollege Outlines 2005 and Long-Term Financial Guidance

DENVER, Feb. 3 /PRNewswire-FirstCall/ — eCollege(R), a leading provider of value-added information services to the post-secondary education industry, today announced the signing of a renewed, multi-year agreement with DeVry Inc., one of the largest publicly held higher education companies in North America. eCollege will continue to power all of DeVry University’s graduate and undergraduate online… Continue Reading →

CRP Invests in Ardence, Inc.

Capital Resource Partners V completed a $10.0 million investment in Ardence, Inc., a new entity established to acquire VenturCom, Inc. The Company is a leading provider of customized software and services that enable customers to integrate embedded devices with real-time capabilities based on Microsoft Windows standards. The Company recently introduced the leading software-only solution that… Continue Reading →

Mobile Medical Industries, Inc. Merges to Create New Organization

Two prominent senior healthcare providers have announced their merger and the creation of an innovative new organization to deliver comprehensive medical and rehabilitation services to seniors in residential settings. The organizations, Mobile Medical Industries, Inc. (MMI), its affiliates MD to You, CareGivers, CareAdvantage, and Alliance Care, Inc., will operate as AllianceCare throughout its locations in… Continue Reading →

Softbrands Files Form 10 with SEC

MINNEAPOLIS– SoftBrands Inc., a provider of enterprise resource planning (ERP) software to the manufacturing and hospitality industries, today filed a Form 10 with the Securities and Exchange Commission (SEC) to register its common stock under Section 12(g) of the Securities Exchange Act of 1934. SoftBrands today also issued its financial results for the fiscal year… Continue Reading →

CRP Invests in Mobile Medical Industries, Inc.

Capital Resource Partners V completed an $11.0 million investment in Mobile Medical Industries, Inc., a provider of comprehensive home-based medical and rehabilitation services to elderly patients in Florida. The Company delivers skilled nursing services, diagnostic testing, rehabilitation services and treatment by physicians both directly to the patient’s home and to assisted living facilities. The coordination… Continue Reading →

Select Medical Corp. Acquires SemperCare

Select Medical Corp. (NYSE: SEM) has completed the acquisition of SemperCare Inc., a Plano, Texas-based operator of 17 long-term acute care hospitals. The deal is valued at approximately $100 million. CRP invested in SemperCare in 2001, leading a Mezzanine Debt and Preferred Stock financing. Investors in the Company are Three Arch Partners, CHL Medical Partners,… Continue Reading →

Prometheus Laboratories to Market Entocort® EC

SAN DIEGO, Dec. 1 /PRNewswire/ — Prometheus Laboratories Inc., a specialty pharmaceutical company, announced today that it has entered into an agreement with AstraZeneca LP for the exclusive marketing, sales and distribution of Entocort(R) EC (budesonide) Capsules in the United States beginning January 1, 2005. Entocort EC is the only FDA approved drug indicated for… Continue Reading →

Infotrieve to Pioneer Integration of STM Content and Product Procurement Through Acquisition of LabVelocity

Infotrieve, Inc., the leader in on-demand delivery of scientific, technical, and medical (STM) information and integrated information management solutions, has purchased life sciences information management software and technology services provider LabVelocity. Infotrieve will leverage this acquisition to make a measurable impact on the speed of corporate research and development activities, pioneering the first large-scale workflow… Continue Reading →

eCollege Named One of Colorado’s Fastest Growing Technology Companies

eCollege(SM) (Nasdaq: ECLG), a leading provider of value-added information services to the post-secondary education market, today announced it has been named to Deloitte’s prestigious Colorado Technology Fast 50 Program. This is the fourth straight year eCollege has been among the fastest growing technology companies in Colorado based on five year revenue growth. The Fast 50… Continue Reading →

Prometheus Laboratories Announces Management Appointments

Prometheus Laboratories Inc., a specialty pharmaceutical company, today announced the recent appointments of Michael D. Allen as Vice President, Sales, Lee R. McCracken as Corporate Head of Business Development and Toni L. Wayne as Vice President, Human Resources. “Our imperative is to continue the robust growth of our clinical diagnostics and pharmaceuticals business by gaining… Continue Reading →

CRP Provides Expansion Capital for Platform Learning

Capital Resource Partners V has closed on a $10.0 million investment in Platform Learning, Inc, a provider of tutoring services to low income students attending public schools that have been identified as “in need of improvement” or “at-risk.” These tutoring services are funded under the No Child Left Behind (“NCLB”) Act. Headquartered in New York,… Continue Reading →

Microsoft Names ePartners Global Partner of the Year

ePartners, the leading North American Microsoft Business Solutions (MBS) consultancy, announced today that it has been named Microsoft’s 2004 Global Partner of the Year. ePartners accepted the award at Microsoft’s Worldwide Partner Conference on July 10 in Toronto, Canada. Microsoft’s Global Partner of the Year Award is the most prestigious award given to any MBS… Continue Reading →

New Fund Closing – CRP V

In June 2004, Capital Resource Partners successfully closed its fifth fund, Capital Resource Partners V, with a fund size of $166 million. The latest fund brings CRP’s total capital under management to $1.1 billion. Since inception in 1987, CRP has developed a strong focus on mezzanine and equity capital for later stage growth and expansion,… Continue Reading →

CRP Recapitalizes Aspen Dental

Capital Resource Partners recently completed an $18.7 million investment in Aspen Dental Management, the largest Dental Practice Management (“DPM”) company in the Northeast, with 63 retail locations. Aspen’s strategy is to open de novo dental practices in retail settings with a focus on serving patients who have historically abandoned healthy oral care. Aspen attracts its… Continue Reading →