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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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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

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Midwest Automotive Designs, a Merion Portfolio Company, Receives Growth Investment and Adds New CEO

Midwest Automotive Designs today announced that it has received a substantial growth investment from Pegasus Capital Group, Merion Investment Partners and Petra Capital Partners.  In conjunction with the growth investment, the company hired industry veteran, Harry Schmink, as CEO to work alongside Founder and President, Tim Gray.  Based in Elkhart, Indiana, Midwest Automotive Designs is the industry’s leading custom luxury converter of vans and trucks and specializes in the popular Mercedes-Benz Sprinter platform.  They were recently named to the 2014 Inc. 5000 list of the fastest growing private companies in the United States and just celebrated the completion of their 3,000th unit.

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DataBank, a Merion Portfolio Company, Joins Inc. Magazine’s List of America’s Fastest-Growing Companies

 

Leader in business process automation shows 81% growth over three-year period

8/28/2014
DataBank Press Release

DataBank, a national leader in business process automation solutions, today announced it has been ranked number 3,822 on Inc. Magazine’s Inc. 5000 list, which ranks the country’s top 5000 fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000. Read more

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Itelagen, a Merion Portfolio Company, is Named to the Inc. 5000 List of Fastest-Growing Private Companies

For the 5th consecutive year, ITelagen is named to the Inc. 5000 List and jumps up 192 spots from 2013.

8/21/2014
Itelagen Press Release

ITelagen, Inc., a leading provider of healthcare IT support and system administration, including a range of support services such as professional services, training, and hosting for various industries, today, announces that the company was named to the renowned 2014 Inc. 5000 list, a compendium of the most entrepreneurial and fastest growing private companies in America.  In order to qualify for the Inc. 5000 List, companies such as ITelagen must be in business for 5 years and demonstrate exemplary four-year growth. Founded in 2005, this is the fifth consecutive year ITelagen has qualified and been named to the Inc. 5000 List. Read more

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DataBank, a Merion Portfolio Compay, Acquires Advanced Data Systems

Regional leader in business services joins forces with DataBank to deliver high performance Business Process Automation and Workflow solutions

7/2/2014
DataBank Press Release

King of Prussia, PA (PRWEB) July 02, 2014

DataBank IMX, LLC (DataBank) announced today that it has acquired Advanced Data Systems (ADS), headquartered in Tallahassee, FL with offices in Jacksonville, Orlando and Miami.

Millennial! Another of those media driven buzzwords, used to label those between the ages of 18 and 34, while the term Gen Xers define those between 35 and 50 years of age. Boomers, the group to which I belong, are those 51 through 69. This post covers 8 key pieces of advice I proffer to this generation.

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DataBank, a Merion Portfolio Compay, Acquires Cogniserv

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.

6/24/2014
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.”

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DataBank, a Merion Portfolio Compay, Acquires Imaging Solutions Inc.

NY Metro Area Systems Integrator teams with DataBank to bring powerful Business Process Automation and Workflow Solutions to the Financial Services, Insurance and Claims Processing Markets.

11/4/2013
DataBank Press Release

New York, NY, November 04, 2013, DataBank IMX, LLC (DataBank) announced today that it has acquired New York metro area systems integrator, Imaging Solutions Inc. (ISI). Read more

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Stratos Management Systems, a Merion Portfolio Company, Is Now Computex Technology Solutions

Nationwide IT Services Company Plans to Accelerate Growth and Expand IT Services Expertise

10/30/2013
Computex Technology Solutions

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