devadmin No Comments

Merion Announces Successful Exit from IT Solutions Provider

11-25-2015

Merion is pleased to announce a complete exit from Computex through a recapitalization by a Senior lender.
Computex is an IT Solutions provider focused on the private cloud, virtualization, storage and networking segments.  The Computex portfolio of services includes break fix, consulting, remote management and monitoring, and hosting via IaaS or cloud.
Read more
devadmin No Comments

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

devadmin No Comments

Merion Announces Successful Exit from Specialty Staffing Company

7-31-2015Merion is pleased to announce a complete exit from TransForce through a sale of the company.
Established in 1991, TransForce provides workforce management solutions to the commercial transportation industry through a network of 47 branches across 24 states and dispatches more than 2,500 drivers to its customers on a daily basis.

Read more

devadmin No Comments

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.

Read more

devadmin No Comments

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™.”

Read more

devadmin No Comments

CEO of ITelagen, a Merion Portfolio Company, Announced as a 2015 Future 50 Award Winner

60 Greater New York companies to be recognized for their fast growth in New York SmartCEO’s Future 50 Awards program

11/18/2014
ITelagen Press Release

Jersey City, NJ: November 18, 2014 — ITelagen is pleased to announce that John O’Keefe, CEO, has been recognized by New York SmartCEO as a 2015 Future 50 award winner. The Future 50 program recognizes the region’s 50 fastest-growing mid-sized companies and 10 small Emerging Growth companies who have experienced outsized growth based on a combined three-year average of revenue and employee growth. The 2015 Future 50 winners collectively generate $2.65 billion in annual revenue and employ 12,508 individuals in Greater New York. This impressive group will be recognized in the 2015 January/February issue of New York SmartCEO magazine and celebrated at an awards ceremony on January 29, 2015 in New York City. Read more