Merion Investment Partners provided convertible debt to support the acquisition of Quick Care by Linden Care LLC (“Linden Care” or the “Company”), a Merion portfolio company.
The ‘Buy And Build’ Strategy – Spotlight On A Modern Day Private Equity Trend
Michael Schwerdtfeger, Forbes
Many private equity firms today employ aggressive “buy and build” strategies to accelerate growth. Buy and build refers to the buying of a platform company with a well-developed management team and infrastructure, and then using those capabilities to acquire one or more add on companies to build out and grow the platform.
DataBank, a Merion Portfolio Compay, Acquires Cogniserv
Regional leader in document imaging services joins with DataBank to deliver high performance Business Process Automation and Workflow.
DataBank Press Release
DataBank IMX, LLC (DataBank) announced today that it has acquired Cogniserv, headquartered in Dallas, TX with offices in Houston.
“The acquisition of Cogniserv builds our business in the Southern US and provides a wealth of additional services to Cogniserv clients.” said Chuck Bauer, Co-founder & CEO of DataBank. “Cogniserv expands our solutions capabilities particularly within the State & Local Government, Energy and Healthcare markets and widens our client base. We are fortunate to have Brian Rathe and Prabhu Karunakaran, co-founders of Cogniserv, join the DataBank team to help us expand in the region.”
We are pleased to announce a successful exit from InteliChart through a recapitalization.