News

Acute Behavioral Health Announces Acquisition of Hallmark Youthcare

July 8, 2022 – NASHVILLE, TENN. (PRWEB) JULY 05, 2022 Acute Behavioral Health, Inc. today announced the company has completed the acquisition of Hallmark Youthcare, the largest short-term residential treatment program in the commonwealth of Virginia.  Petra Capital, Harbert Credit Solutions, Elm Creek Partners and Granite Growth Health Partners invested in Acute Behavioral Health to finance the acquisition. The acquired … Read More

Verra Mobility to Acquire T2 Systems, a Leading Provider of Parking Management Solutions, from Thoma Bravo

December 10, 2021 – MESA, Ariz., Nov. 2, 2021 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it has signed an agreement to acquire privately held T2 Systems from leading software investment firm Thoma Bravo for $347 million on a cash-free and debt-free basis, plus an additional up to $9 million related to an impending asset acquisition by a wholly … Read More

BP3 Global, Inc. Announces a $33 Million Growth Investment by Horizon Capital

December 10, 2021 – AUSTIN, TEXAS (PRWEB) NOVEMBER 30, 2021 BP3 Global, an Austin, Texas based provider of intelligent automation services and solutions, today announced a significant investment agreement with Horizon Capital, a private equity investor specializing in technology and business services. The purpose of this investment is to accelerate BP3’s organic growth and acquisition strategy. “The market for … Read More

BP3 Global Acquires Agilify to Extend Automation Capabilities

August 19, 2021 – AUSTIN, TEXAS (PRWEB) AUGUST 18, 2021 BP3 Global, an Austin, Texas based provider of automation services and solutions, today announced that it has acquired Agilify, an Indianapolis, Indiana based intelligent automation solution provider that delivers commercially proven advisory and technology services to help organizations realize the promise of intelligent automation faster and better. BP3 CEO Scott … Read More

CROs dMed and Clinipace Merge to Accelerate Customer Success

April 28, 2021 – SHANGHAI and MORRISVILLE, N.C., April 28, 2021 /PRNewswire/ — dMed Global, a full-service Clinical Contract Research Organization (CRO) based in Shanghai, China, and Clinipace Incorporated, a full-service Clinical CRO with headquarters in North Carolina, USA, announced today that the two companies will merge. This merger will meet the needs of fast-moving biotech, pharma and medical device companies, and accelerate the delivery of innovative … Read More

Noritsu Koki Acquires JLab in $370M Deal

April 15, 2021 – LOS ANGELES, CA, April 15, 2021 /ACCESSWIRE/ – JLab Audio (JLab), a leading personal audio brand, has agreed to be acquired by Japan-based Noritsu Koki Co., Ltd. (7744) (Noritsu Koki) for $370 million (USD). Founded in 2005 and based in Carlsbad, California, JLab is the No. 1 seller of headphones under $50, the No. 1 … Read More

Petra Capital Highlighted as a Leader of the Nashville Healthcare Economy

April 12, 2021 – Nashville Is The Health Services Capital – Here’s Why This Explosively Growing Region Is More Than Music City USA by Bill Frist, Forbes Contributor “Over the past decade there has been an explosion in new health service companies founded and grown in Nashville. Nashville startups have gone on to become disruptors and industry leaders, including … Read More

Petra Makes New Investment in Aging With Comfort

April 6, 2021 – Petra Capital Partners, Capital Alignment Partners, NewSpring, and Tecum Capital announced today that the SBIC capital syndicate, in partnership with Silver Palm Capital Healthcare Partners, have acquired Aging With Comfort, a Philadelphia-based home care agency that provides personal care assistance for elderly and disabled clients. Aging With Comfort’s in-home care team works with clients’ families … Read More

General Atlantic Leads a Recapitalization of CareMetx

January 15, 2021 – Petra is pleased to announce the recapitalization of CareMetx (or the “Company”), a leading technology-enabled hub services company improving patient access to specialty medications. General Atlantic, a global growth equity firm, and The Vistria Group, a Chicago-based private investment firm led the recapitalization. With the transaction, Petra is exiting its position and General Atlantic will … Read More

Ascension Saint Thomas Partners with Urgent Team

November 5, 2020 – Ascension Saint Thomas will partner with Urgent Team Family of Urgent Care & Walk-In Centers to rebrand care centers throughout Middle Tennessee, expanding affordable health services in the area and creating new opportunities for the hospital to attract patients. The joint venture begins in December and will brand 14 urgent care locations with the Saint … Read More

The Petra Team is Growing!

September 15, 2020 – Nashville, TN  – Petra Capital Partners (www.petracapital.com) is pleased to announce the addition of two new members to its investment team. Carter Owen joined the team as Petra’s new Director of Business Development while Sean Murphy joined Petra Capital Partners as a Senior Associate. Carter joins Petra after origination experience with Gemini Investors, a lower … Read More

Petra Exits Remita Health

September 15, 2020 – Petra Capital Partners is pleased to announce the sale of Remita Health, a hospice provider in Arizona, California and Nevada, to Bristol Hospice, a leading hospice provider with 35 locations in 10 states backed by Webster Capital. The combined companies remain committed to providing compassionate hospice and palliative care to those facing terminal illness. Petra … Read More