Sterling Healthcare Logistics Acquires Aggregate365

365 Data Centers Acquires U.S. Colocation and Network Business from Sungard Availability Services

November 7, 2022

Telecommunications

365 Data Centers has agreed to acquire Sungard Availability Services' U.S. colocation and network business, adding eight primarily high-density data centers across key edge markets and roughly 400 customers. The asset purchase expands 365's footprint to 20 network-centric facilities and was funded by 365's existing equity owners (including Stonecourt Capital and Lumerity Capital) and its lending syndicate.

ScionHealth Acquires Cornerstone Healthcare Group

May 12, 2022

Healthcare Services

ScionHealth announced a definitive agreement to acquire Cornerstone Healthcare Group, expanding ScionHealth's national network of long-term acute care hospitals, community hospitals, and physician practices. The deal (expected to close in H2 2022 subject to regulatory approvals) excludes Cornerstone Specialty Hospitals Clear Lake and Cornerstone Specialty Hospitals Houston Medical Center.

Andlauer Healthcare Group Acquires Logistics Support Unit (LSU) Inc.

March 1, 2022

Logistics & Distribution

Andlauer Healthcare Group Inc. (AHG) has completed its acquisition of 100% of Logistics Support Unit (LSU) Inc. for approximately $30 million, paid via the issuance of 154,639 subordinate voting shares and about $22.5 million in cash. LSU is a Canada-based third-party logistics provider specializing in pharmaceutical, medical and biotechnology warehousing, distribution and order management and is the exclusive distributor of immunizing agents for Québec's public health system.

Sterling Healthcare Logistics Acquires ABS Vaccines

December 16, 2020

Healthcare Services

Sterling Healthcare Logistics has acquired ABS Vaccines to expand its healthcare supply chain and contracting capabilities. The acquisition adds ABS Vaccines' vaccine and pharmaceutical contract negotiation and group purchasing capabilities to Sterling's ACXSS software and ACXSS365 contract/GPO offering, strengthening Sterling's services for health systems and provider groups.

Stonecourt Capital Acquires 365 Data Centers

October 6, 2020

Telecommunications

Stonecourt Capital LP has acquired 365 Data Centers, a provider of hybrid data center and edge colocation solutions, with original investors Lumerity Capital and Longboat Advisors reinvesting alongside the new partner. 365's management team, led by CEO Bob DeSantis, will remain in place as Stonecourt provides capital to accelerate organic growth and pursue near-term acquisitions.

Construction Supply Group (The Sterling Group) Acquires Construction Materials

October 2, 2019

Building Products

Construction Supply Group, a portfolio company of The Sterling Group, has acquired Construction Materials, a long-established wholesale distributor operating 16 branches across the Southeastern United States. The add-on expands CSG's geographic footprint in key MSAs such as Florida, Georgia, Alabama and Texas and strengthens its ability to serve concrete and masonry contractors.