Cambridge Capital Acquires Majority Stake in STAT Recovery

Innoval Global Solutions (Kriya Capital) Acquires Medstat Accounts Receivable Management, Inc.

December 3, 2019

Healthcare Services

Kriya Capital LLC, through its flagship RCM platform Innoval Global Solutions, LLC, acquired Medstat Accounts Receivable Management, Inc., a Mesa, Arizona-based medical revenue cycle management firm, effective December 3, 2019. The deal expands Kriya/Innoval's healthcare RCM footprint in Arizona and nearby markets; founder Marilynn Peters will remain as a consultant and operational leadership will continue under Kelly Peters. The acquisition was financed with Kriya Capital internal accruals and standing credit facilities.

Healthcare Financial Resources (HFRI) Acquires STAT Revenue

July 22, 2021

Healthcare Services

Healthcare Financial Resources (HFRI) has acquired Emeryville, California-based STAT Revenue, a specialist in zero-balance (closed) claims review and recovery for hospitals and health systems. The deal expands HFRI's accounts receivable (AR) recovery capabilities by adding forensic zero-balance claims review and related consulting services to its revenue cycle offerings; HFRI is backed by private equity firm Housatonic Partners.

Machine Specialties, Inc. (Calvert Street) Acquires Cambridge Specialty Company, Inc.

October 5, 2023

Aerospace & Defense

Calvert Street Capital Partners portfolio company Machine Specialties, Inc. has acquired Cambridge Specialty Company, Inc., a Berlin, Connecticut-based precision manufacturer of flight-critical aerospace, defense and space components. The add-on expands MSI's capacity and capabilities, providing customer and service diversification while supporting growth initiatives.

Medline Canada Acquires STAT Healthcare Corporation

January 11, 2023

Healthcare Services

Medline Canada acquired Calgary-based STAT Healthcare Corporation, a provider and distributor of medical and laboratory supplies with expertise in clinic set-ups. STAT will operate as a division of Medline Canada to expand Medline’s footprint and capabilities in western Canada and broaden its portfolio across acute, long-term and primary care markets.

State Street Acquires PriceStats

November 10, 2025

Data & Analytics

State Street Corporation has acquired PriceStats, a provider of daily inflation statistics derived from digitally-sourced online prices. PriceStats will operate within State Street Data Intelligence to expand near-real-time inflation indicators and data intelligence capabilities for institutional investors, central banks, and researchers.

Symphony Technology Group Makes Majority Investment in CAI Software

December 21, 2021

Software

Symphony Technology Group (STG) completed a majority investment recapitalization of CAI Software, LLC, a provider of ERP, MES and WMS software and related services. Main Street Capital Corporation exited its debt and equity investments as part of the recapitalization and realized a gain while receiving a minority equity stake in the acquirer.