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Svoboda Capital Partners Completes Sale of DataBank to KYOCERA

Chicago, IL – August 2, 2017 – Svoboda Capital Partners (“SC”) has sold its interest in leading outsourced imaging and information management provider DataBank Holdings, LLC (“DataBank”) to KYOCERA Document Solutions (“Kyocera”).

Headquartered in King of Prussia, Pennsylvania, DataBank is the country’s premier provider of business process automation solutions, with offices across the United States. Since 1991, the company has helped organizations maximize productivity and reduce operational costs by streamlining document, data and workflow business processes. The new relationship with KYOCERA will open new service opportunities for DataBank.

Chuck Bauer, CEO of DataBank, and the rest of the management team will continue forward with the Company. “Our partnership with SC has been positive and enhanced the long-term growth and success of DataBank,” Bauer said. “Coming together with KYOCERA is a tremendous opportunity for our existing and prospective customers. The acquisition will enable us to offer innovative new solutions and services tailored to rapidly changing market needs.”
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Crestcom, a Merion Portfolio Company, Receives 2017 Lead Award

As part of its mission to continually monitor the training marketplace for the best providers of training services and technologies, Training Industry has named Crestcom, a Merion portfolio company, to its 2017 Leadership Training Companies Watch List.

By applying new leadership competency models, research-based training courses, and launching a new online Learning Portal, Crestcom has made incredible innovations to its proven leadership skills development model over the past year.

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Radius Global Solutions, a Merion Portfolio Company, Merges with Northland Group

RADIUS GLOBAL SOLUTIONS MERGES WITH NORTHLAND GROUP

AMBLER, PA– November 16, 2016 – Radius Global Solutions LLC (“RGS”), a global technology-enabled provider of end-to-end accounts receivable and customer relationship management solutions, announced today that it has merged with Northland Group Inc. (“NGI”), a Minneapolis, MN-based provider of accounts receivable and customer relationship management solutions primarily to the financial services sector. Immediately following the transaction Northland Group will operate as a business unit of RGS.

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DataBank, a Merion Portfolio Company, Announces Alliance with KYOCERA

DataBank, North America’s leading business solutions provider, and KYOCERA Document Solutions America, one of the world’s leading document solutions companies, announced the formation of a business alliance, designed to provide business process improvement services to their mutual customers.

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Midwest Automotive, a Merion Portfolio Company, Announces New Luxury Vehicle

September 20, 2016 – Elkhart, IN

Midwest Automotive, a Merion Portfolio Company, Recently Announced Their Addition of a New Luxury Vehicle.

In the world of exotic sports cars, the term Grand Touring has always designated a vehicle that blends style, performance and comfort – and turns any road trip into a highly enjoyable journey.  Now, a new luxury vehicle has emerged that brings the same level of refinement and motoring possibility to a very different sort of performance machine: The executive van.
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Two Merion Portfolio Companies Named to 2015 Inc. 5000

Merion Investment Partners is pleased to announce that two of its current portfolio companies have each been named to the 2015 Inc. 5000 list of fastest growing private companies in America.  This reflects Merion’s successful focus on partnering with companies that exhibit high growth potential. Read more

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Merion, on behalf of the SBIA, Urges House Subcommittee to Reduce Regulatory Burdens on Small Business Investors

SBIA Executive Committee Member Gayle Hughes Testifies

4/29/2015
SBIA Press Release

WASHINGTON, D.C. (April 29, 2015) – The Small Business Investor Alliance (SBIA), the leading association of lower middle market private equity funds and investors, carried a message from its members to Capitol Hill today. SBIA Executive Committee Member Gayle Hughes, Partner at Merion Investment Partners, requested the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises to provide relief from redundant regulatory and compliance costs.

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DataBank, a Merion Portfolio Company, Acquires Alpha Systems

Leader in Process Automation and Predictive Analytics Joins DataBank to Improve Healthcare Revenue Cycle Operations

11/24/2014
DataBank Press Release

DataBank IMX, LLC (DataBank) announced today that it has acquired Alpha Systems, headquartered just north of Philadelphia in Huntingdon Valley, PA. “The acquisition of Alpha Systems grows our presence in the Healthcare market and brings unique solutions and intellectual property we can leverage to better serve our Healthcare clients nationally,” said Chuck Bauer, Co-founder & CEO of DataBank. “Alpha Systems expands our healthcare solutions capabilities and widens our client base. We gain a fantastic group of teammates, one of only 417 companies in the United States with ISO 27001 certification for security and operations, Six Sigma quality and market-leading software solutions such as Alpha ImageWorks® and Alphalytics™.”

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