Acquisitions in Tennessee in 2018

Anne Arundel Dermatology Management (ADM), a portfolio company of New MainStream Capital, has acquired Knoxville Dermatology Group, P.C., a long-established dermatology practice in East Tennessee. The deal expands ADM's regional footprint into Tennessee and adds to its growing platform of clinic locations and providers supported with centralized administrative services.

Great Hill Partners completed a majority recapitalization of Vatica Health, with participation from Vatica’s leadership team. The investment will support geographic expansion, sales and marketing growth, and product development to scale Vatica’s provider-centric risk adjustment and clinical quality platform.

Ankura has signed a definitive agreement to acquire c3/consulting, a Nashville-based management consulting firm led by founder Beth R. Chase. The acquisition augments Ankura's strategy and operational consulting capabilities, expands its national footprint, and integrates c3's nearly 120 consultants into Ankura's platform of over 575 professionals.

Providence Strategic Growth (the growth equity arm of Providence Equity) and Greater Sum Ventures acquired Value Payment Systems, a Nashville-based integrated payments provider, on March 6, 2018. The acquisition positions Value Payment Systems to accelerate growth and strengthen its leadership in government and other vertical payment markets using its proprietary gateway technology.

Chongqing Boao Industrial Co., Ltd acquired the interior lighting business of Federal‑Mogul Corporation in a divestiture announced January 2018. The business — based in Sparta, Tennessee with a technical center in Ann Arbor, Michigan — manufactures interior lighting assemblies and components (overhead lamps, door/floor lamps, LED ambient lighting, trunk/under‑hood lamps) sold to light‑vehicle OEMs and Tier‑1 suppliers.