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Merion Exits Cargo Airport Services

ICV Partners Announces Acquisition of Cargo Airport Services

4/5/2011
ICV Press Release

NEW YORK, April 5, 2011 – ICV Partners (ICV), a private investment firm focused on investments in smaller middle market companies, announced today the acquisition of Cargo Airport Services (CAS), a leading provider of innovative cargo handling solutions, from MidMark Capital, the Weinberg Bell Group and other shareholders. Chief Executive Officer Michael Duffy and the CAS executive team have also invested in the transaction. Read more

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Merion Announces New Investment in Databank Acquisition Corp

Svoboda Capital Partners LLC Announces Major Investment in Databank Acquisition Corp

1/6/2011
Svoboda Press Release

CHICAGO, IL – January 6, 2011 – Svoboda Capital Partners LLC (“SC”) today announced it has partnered with executive management and Merion Investment Partners (“Merion”) to invest in Databank IMX, LLC (“Databank” or the “Company”). This transaction is the sixth investment for Svoboda, Collins Fund II L.P. The Structured Finance Group of Fifth Third Bank provided a senior debt facility and Merion also provided subordinated debt to complete the transaction. Read more

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Merion Announces New Investment in Databank Acquisition Corp

Svoboda Capital Partners LLC Announces Major Investment in Databank Acquisition Corp

1/6/2011
Svoboda Press Release

CHICAGO, IL – January 6, 2011 – Svoboda Capital Partners LLC (“SC”) today announced it has partnered with executive management and Merion Investment Partners (“Merion”) to invest in Databank IMX, LLC (“Databank” or the “Company”). This transaction is the sixth investment for Svoboda, Collins Fund II L.P. The Structured Finance Group of Fifth Third Bank provided a senior debt facility and Merion also provided subordinated debt to complete the transaction. Read more

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Merion Exits its Investment in RPS

ReSearch Pharmaceutical Services to be Acquired by Warburg Pincus

12/28/2010
RPS Press Release

Fort Washington, PA — ReSearch Pharmaceutical Services, Inc. (RPS) announced today it has entered into an agreement to sell the company to affiliates of Warburg Pincus, LLC, the global private equity firm, in an all cash transaction valued at $6.10 per share. The Board of Directors of RPS unanimously approved the acquisition agreement and recommended that RPS shareholders approve the transaction. It is presently anticipated that closing of the transaction will occur in February 2011. Read more

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Merion Closes Healthcare IT Growth Capital Transaction

8/15/2010
Press Release

Charlotte, NC — McColl Partners, LLC acted as financial advisor to the shareholders of Integrated Healthcare Solutions, Inc. (“IHS”) in its growth capital raise from Merion Investment Partners (“Merion”), a mezzanine debt provider. Based in Fort Mill, South Carolina, IHS is a leading single-source provider of fully integrated healthcare information technology solutions for healthcare providers nationwide. IHS offers electronic health records, enterprise practice management, interoperability/clinical data-sharing, and data center services. IHS recently introduced its proprietary data-sharing platform, InteliChart, an all-encompassing healthcare information exchange (“HIE”) software suite that provides the capability to electronically move clinical information among disparate healthcare information systems, facilitating access to and retrieval of clinical data. Read more

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Caerus/MetaSource Venture

Brings State and Federal MBE Certification, Electronic Tolling Solutions to Toll Authority Sector

8/19/2010
Press Release

Bristol, PA – Aug. 19, 2010 – In an innovative approach to solving the challenges associated with electronic toll collection, certified minority business enterprise (MBE) Caerus Resources, LLC, and MetaSource, LLC, have formed an exclusive partnership to deliver proven business process outsourcing solutions to the toll authority sector. The partners will pursue electronic toll collection and business process outsourcing (BPO) opportunities including license plate image processing, violations processing, call center and customer service, document hosting and workflow.

“The industry trend towards all-electronic toll collection has created a gap of qualified, experienced providers capable of delivering a full range of high volume outsourcing services to an emerging market,” says Caerus Founder Doug Deaton. “Caerus set out to identify credible partners to help toll authorities deal with these new challenges and found that market leader MetaSource, with its global footprint, fully integrated delivery platform and commitment to SAS 70 and PCI compliance, was the obvious choice.” .

Caerus/MetaSource electronic tolling solutions provide toll authorities and strategic partners with the ability to rapidly deploy highly customizable delivery options ranging from fully outsourced services, discrete project work, as well as collaborative outsourced processing solutions. The service platform is specifically tailored to work directly with toll authorities or as a subcontractor for a strategic partner. .

“Caerus is a great partner for MetaSource,” says Doug Giovanni, MetaSource Vice President of Sales and Marketing. “Their MBE certification and industry knowledge combined with our process and solutions infrastructure brings an aggressive and focused resolve to toll authorities and the challenges associated with electronic toll collection.” .

About Caerus Caerus Resources is a state of Texas and federally certified MBE professional services firm that partners with industry-leading IT services firms to create fully-integrated business process outsourcing (BPO) solutions for demanding clients in the transportation and energy sectors. Areas of expertise are project structuring and project management, as well as business development and marketing. For more information, contact Caerus President Doug Deaton at (214) 843-1130 or visit www.caerusresources.com. .

About MetaSource MetaSource is a leading Business Process Outsourcer (BPO) of back office and content management solutions servicing a national clientele through a SAS 70 certified and PCI compliant mix of four domestic locations and multiple processing centers in Mexico, Canada, India and China. The Company’s experience and reputation for delivering superior quality and accuracy is built upon a scalable business platform that is robust, thoroughly tested, and engineered for high-volume results easily customizable to the most demanding client requirements. For more information contact Doug Giovanni, Vice President of Sales and Marketing at (801) 513-4154 or visit www.MetaSource.com.

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I.D. Images LLC, a Leader in Variable Information Labeling Solutions, Acquires Specialty Tape & Label

6/30/2010
Press Release

Brunswick, Ohio – I.D. Images today announced it acquired the assets of Chicago, IL based label converter, Specialty Tape & Label. Terms of the transaction were not disclosed.

Specialty Tape & Label is the second strategic acquisition over the past year for I.D. Images. The acquisition enhances I.D. Images’ capabilities with unique technology, equipment and processes. Enhanced capabilities include digital printing as well as unique multi-web handling for combination forms, coupons and integrated cards to name a few. The acquisition also enlarges I.D. Images’ distribution footprint to meet growing demand of Variable Information Labeling media products in the region. These capabilities align strategically with I.D. Images’ long-term focus on higher value growth segments like healthcare, food, electronics, chemical and consumer durables. “We’re very excited about the acquisition as it will provide our collective customer base with a host of new capabilities, products, and services to better serve their customers”, according to Brian Gale, President, of I.D. Images. “Specialty Tape & Label has a history of providing unique solutions to technically challenging applications. Both companies share a ‘customer first’ approach to business. We look forward to working with Al, Ken and Rick Paveza and the team at Specialty Tape.”

I.D. Images will continue to maintain operations at the existing Specialty Tape & Label facility and fully expects to expand products distributed out of that facility to better service customers in that region.

I.D. Images, founded in 1995, is a leading manufacturer of converted label media for the Variable Information Printing (VIP) market. The company specializes in providing label solutions for product and package identification across varied markets including Transport and Logistics, Retail, Food and Beverage, Office Products, Consumer Durables and Healthcare. I.D. Images offers a comprehensive product offering for VIP printing technologies including Thermal Transfer, Ribbons, Direct Thermal, Ink Jet and Laser Cut Sheet media, on various paper and film or synthetic substrates. In addition, I.D. Images offers significant custom label capabilities including four-color printing and various adhesive systems to meet virtually any application need. The label media is used in various applications including shipping, inventory tracking, asset identification, shelf marking, prescription, patient identification, drum and sports equipment to name a few. I.D. Images sells exclusively through distribution with a primary focus on packaging distributors, value added resellers and other label converters.

For additional information contact: Tim Mlnarik, Business Development Manager at 330.220.7300 or tmlnarik@idimages.com.

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AFS Technologies, Inc. Completes the Acquisition of Becton Schantz, Inc.

Combination Creates Unrivaled Leadership in Technology Solutions and Connectivity Across the Entire Food & Beverage Supply Chain

10/9/2009
Press Release

PHOENIX, AZ – October 9, 2009 –- AFS Technologies, Inc (“AFS”), the leading provider of software solutions to trading partners throughout the food and beverage channel, announced today that it has completed the acquisition of Becton Schantz, Inc. (“Becton Schantz”), an Atlanta, GA-based leading provider of integrated administrative solutions for sales agencies serving the retail, consumer products and food service markets. Becton Schantz was acquired for cash, and funded by AFS Technologies´ own cash balances.

Following the acquisition of Becton Schantz, AFS Technologies now serves over 1000 customers within the manufacturing, sales agency (broker), third-party logistics (3PL) warehouse, and distribution segments of the food and beverage channel. AFS provides a broad portfolio of powerful solutions, on a licensed and hosted (SaaS) mode, including enterprise resource planning (ERP), warehouse management systems (WMS), business intelligence (BI), order management systems (OMS), trade promotion management and forecasting tools. Additionally, the company´s PROFILE features the industry´s largest database of product information for trading partners throughout the food and beverage supply chain.

“At AFS, our focus is to assist all trading partners in the food and beverage channel optimize profits by eliminating inefficiencies and soft costs by offering solutions that improve productivity and promote connectivity between trading partners”, said Kurien Jacob, Chief Executive Officer of AFS Technologies. “The acquisition of Becton Schantz allows us to extend that focus to a trading partner segment that provides a critical link and valuable offerings to the entire supply chain: the sales agency, or broker.”

“The addition of Becton Schantz´s robust products, along with its well-respected sales agency customer base, into the AFS family will enable us to continue to develop solutions that improve efficiency, enhance collaboration and build profitable connections between all trading partners in our channel;” continued Mr. Jacob. “The ability to exchange and access important product information through PROFILE, eliminate inefficiencies in trade promotion planning and execution and improve coordination in creating meaningful forecasts and demand planning through broader collaboration of key trading partners are just a few of the myriad of benefits that the industry will realize through this acquisition.”

“For the past 25 years, Becton Schantz has been focused on developing powerful solutions for the unique needs of the sales agency market,” said Marc Schantz, President of Becton Schantz. “With the combination of Becton Schantz and AFS, 70% of all transaction data in the food supply chain, representing over $100 billion in value, will flow through AFS software. This will enable PROFILE to provide supply chain connectivity which will improve data flow between the trading partners and reduce costs”

“All of us at AFS are excited at the potential new opportunities for continued product innovation and growth created by the acquisition of Becton Schantz”, said Walter Barandiaran, Chairman of AFS Technologies. “Our vision of building a more efficient food and beverage supply chain by connecting trading partners with best-of-class solutions is enhanced with the addition of Becton Schantz´s products and customers.”

Madison Park Group served as the investment banking advisor to AFS on this transaction.

About AFS Technologies, Inc. AFS Technologies Inc. is the leading provider of business enterprise and on-demand software solutions to customers across the food and beverage channel. Following the acquisition of Becton Schantz, the company now serves over 1000 customers across North America and the Caribbean with solutions designed to reduce costs, increase efficiency, increase sales and margins, streamline internal processes and assist in regulatory compliances. AFS offers the industry´s only complete end-to-end software suite utilizing service oriented architecture (SOA) and the Microsoft .NET framework. This unique modularly designed system offers solutions for Distribution, Sales & Marketing, Financials, Processing, Warehouse Management, Transportation, and Database Services, featuring the industry´s largest database of product information and recipes, the PROFILE™ Database. For additional information, please visit www.afsi.com or call 877-821-3007.

About Becton Schantz, Inc. Becton Schantz is the leading provider of order management and sales force automation solutions for sales agencies. Founded in 1984 to create an efficient software solution for sales agencies, Becton Schantz offers innovative software products, application development and administrative outsourcing services to a wide variety of industries. The companys web-based suite of products, used by over 150 sales agencies in North America, is hosted in their Atlanta-based service center. For more information, visit www.bectonschantz.com

About Madison Park Group Madison Park Group (MPG) is an investment banking firm focused on advising technology and business services companies on pursuing M&A and private equity transactions. Madison Park Group´s principals have extensive transaction and operating experience in the technology and business services sectors and have executed over $30 billion in financing and M&A transactions. For more information, visit www.madisonparkgrp.com or call 212-292-4407.

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I.D. Images Acquires Concorde Label

9/1/2009
ID Press Release

BRUNSWICK, OH – September 1, 2009 — I.D. Images today announced it acquired the assets of Cincinnati, Oh based label converter, Concorde Labeling Systems, Inc. Terms of the transaction were not disclosed.

Concorde Label Systems is a strategic addition to I.D. Images. The acquisition enlarges I.D. Images’ distribution footprint to meet growing demand of Product Identification media products in the region. The acquisition provides added custom and short-run capabilities to our distribution partners. These capabilities align strategically with I.D. Images focus on higher value segments like the medical industry, chemical industry and consumer durables.

“We’re very pleased about the acquisition as it compliments our significant organic growth over the past several years”, according to Brian Gale, President, of I.D. Images. “Concorde Label is an excellent fit with I.D. Images as both companies share a ‘customer centric’ approach to business. We look forward to working with Dan and Larry Gibboney and the team at Concorde. Concorde’s ‘customer first’ focus is in-line with how we operate at I.D. Images.”

I.D. Images will continue to maintain operations at the existing Concorde Label facility and expects to expand products distributed out of that facility to better service customers in that region.

I.D. Images, founded in 1995, is a leading manufacturer of converted label media for the Variable Information Printing (VIP) market. The company specializes in providing label solutions for product and package identification across varied markets including Transport and Logistics, Retail, Food and Beverage, Office Products, Consumer Durables and Healthcare. I.D. Images offers a comprehensive product offering for VIP printing technologies including Thermal Transfer, Ribbons, Direct Thermal, Ink Jet and Laser Cut Sheet media, on various paper and film or synthetic substrates. In addition, I.D. Images offers significant custom label capabilities including four-color printing and various adhesive systems to meet virtually any application need. The label media is used in various applications including shipping, inventory tracking, asset identification, shelf marking, prescription, patient identification, drum and sports equipment to name a few. I.D. Images sells exclusively through distribution with a primary focus on packaging distributors, value added resellers and other label converters.

For additional information or a sample copy, contact: Tim Mlnarik, Business Development Manager at 330.220.7300 or tmlnarik@idimages.com.