Acquisitions in Kentucky in 2016
Showing 2 transactions.
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August 22, 2016
- Buyer
- Weller Equity Partners
- Target
- KFI Seating
- Seller
- KFI Seating co-owners (including a retiring co-owner)
- Industry
- Manufacturing
- Location
- Kentucky, United States
- Type
- Buyout
Weller Equity Partners, a Louisville-based private equity firm, acquired KFI Seating, a Louisville manufacturer and distributor of institutional seating and table products, in a transaction that closed July 29, 2016. The deal provides liquidity to retiring and existing co-owners while partnering with management to support growth and organizational development.
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- Buyer
- Riverside Partners, LLC
- Target
- Bottom Line Systems
- Industry
- Healthcare Services
- Location
- Kentucky, United States
- Type
- Buyout
Riverside Partners, a Boston-based private equity firm, completed a majority equity investment in Bottom Line Systems (BLS), a Crescent Springs, Kentucky-based provider of revenue cycle management technology and services for hospitals and healthcare providers. Financial terms were not disclosed; Riverside said it will invest in BLS's technology and support continued growth and expansion of its client base.
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