Metamora Growth Partners Invests in Perspecta as It Merges with TalisPoint

5th Century Partners Acquires Perspecta

February 23, 2023

Healthcare Services

5th Century Partners, a Chicago-based private investment firm, has acquired Perspecta, a Philadelphia-area provider of physician directories and provider data management solutions for workers' compensation, health plans and third-party administrators. The investment will support Perspecta's growth plans — including national sales expansion, product development and enhanced go-to-market capabilities — while management (including CEO Howard Koenig and COO April Stiles) remains in leadership and retains equity.

TPG Growth Invests in Compass Surgical Partners

January 23, 2024

Healthcare Services

TPG Growth has made a strategic growth equity investment in Compass Surgical Partners, participating alongside existing investor Health Velocity Capital. The capital will be used to accelerate Compass's expansion of ambulatory surgery center (ASC) joint ventures with health systems and physician groups across the U.S.; terms were not disclosed.

Peraton (Veritas Capital) Acquires Perspecta

May 6, 2021

Government & Public Sector

An affiliate of Veritas Capital has completed the all-cash acquisition of Perspecta Inc. for $7.1 billion, with Perspecta stockholders receiving $29.35 per share. Perspecta will be combined with Peraton (a Veritas portfolio company) to create a leading government technology and mission-capability integrator serving defense, intelligence, civilian and health markets.

Warburg Pincus and Great Hill Partners Invest in ParetoHealth

June 5, 2023

Financial Services

Warburg Pincus has made a significant growth investment in Pareto Health, joining existing investor Great Hill Partners (which will retain an equal stake) alongside a continuing investment from the company's management team. The capital will be used to accelerate ParetoHealth's growth and expand its employee-benefits platform that helps small and midsized employers self-insure and manage healthcare costs.

Francisco Partners Makes Strategic Growth Investment in Paradigm

October 13, 2021

Software

Francisco Partners has made a strategic growth investment in Paradigm, the software group that manages PracticePanther, Bill4Time, MerusCase and Headnote, to support product innovation and continued growth. Paradigm, formed by ASG and backed by Alpine Investors, will use the capital and Francisco Partners' software and payments expertise to expand its product suite and accelerate adoption among law firms; the transaction is expected to close in Q4 with terms undisclosed.

Serac and Xperi Merge with Investment from Mentha

November 9, 2020

IT Services

Dutch SAP Gold partners Serac and Xperi are merging to create a combined one-stop-shop for mid-market organizations seeking SAP solutions. Investment firm Mentha will take a stake in the new organization to support international growth and an expanded SAP offering across BusinessOne, ByDesign and S/4HANA.