A&M CAPITAL PARTNERS | 01.28.25

Ayesa Engineering Acquires CORE

28 January 2025 – The Engineering division of Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired CORE, a project management firm specialising in large-scale data centres and real estate developments.

Founded in 2014, CORE provides project management services across various sectors, including data centres, residential, hotels, and hospitals, focussing on major iconic projects. We believe CORE’s competitive advantage lies in the implementation of Lean Construction methodologies, which significantly reduce costs and optimise execution times.

We believe this acquisition represents a further milestone in Ayesa Engineering’s strategy to grow in high-value segments and enhance its service and end-market diversification.

CORE represents Ayesa’s tenth transaction since AMCE’s investment in January 2022.

About Ayesa

Headquartered in Spain, Ayesa is a leading international provider of digital and engineering services with almost €800m in revenues and presence in twenty countries across Europe, Latin America and Asia. It operates two separate divisions. Ayesa’s Digital Services division provides a wide-ranging portfolio of solutions spanning software implementation and maintenance services, digital transformation, cybersecurity, cloud computing, data and AI. Ayesa’s Engineering Services division provides infrastructure design and project management services in the civil and industrial engineering markets.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and CORE represents AMCE’s twenty-eighth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at    www.a-mcapital.com.

A&M CAPITAL PARTNERS | 01.25.25

A&M Capital Partners Enters into Strategic Partnership with East Coast Power to Build Leading National Electric Utility Services Provider

East Coast Power to receive investment from A&M Capital Partners to accelerate growth

East Coast Power founder Darren Donohue will use investment from A&M Capital to expand its platform nationally through both organic growth initiatives and strategic M&A

Greenwich, CT and Albany, NY – January 23, 2025 – Alvarez & Marsal Capital Partners Fund III (“AMCP III”), a North American-focused middle-market private equity fund and flagship investment strategy of the Alvarez & Marsal Capital (“A&M Capital”) platform, today announced, through a newly formed affiliate, that it has signed a definitive agreement to enter into a strategic partnership with East Coast Power (“ECP” or the “Company”), a fast-growing electric utility services provider with operations throughout the northeast region of the United States. Through this strategic partnership, AMCP III will be acquiring a majority stake in ECP and is expected to work closely with the Company’s founder, Darren Donohue, to grow the business, diversify its service platform, and expand its service territories across the country. The deal is expected to close in the next 30 days, subject to certain approvals.

Headquartered in Albany, NY, ECP provides safe and reliable repair and maintenance services to electrical utility customers supporting transmission and distribution power line infrastructure throughout the East Coast. The Company’s comprehensive service platform includes maintenance, repair, upgrade, restoration, and emergency response solutions for electric power distribution, transmission, and substation systems. ECP was founded by Mr. Donohue, a senior executive who has nearly 35 years of sector experience. Mr. Donohue is an active member of, and maintains strong relations with, the International Brotherhood of Electrical Workers (“IBEW”) and the National Electrical Contractors Association (“NECA”).

“It is an honor to partner with AMCP III on this exciting next chapter at ECP,” said Mr. Donohue. “Between the ever-growing demands on our power grids, aging infrastructure throughout most of the country, and increasing storms and extreme weather events, the need for safe, effective, at-the-ready electric utility services has never been greater. I founded ECP to address mission critical needs of the power grid, and I believe we have built a stellar reputation as a go-to provider to the major utilities on the East Coast, trusted for our relentless commitment to safety, quality, and operational excellence. Now, as we invite AMCP III in as our partners, we believe we have powerful access to capital and other key resources to build on this success and support our expansion nationally.”

ECP’s expansion plans are focused on select markets throughout the United States and Canada. The Company, whose leadership team has a strong track record of successful acquisitions and integrations, will collaborate with AMCP III to leverage both organic growth initiatives and strategic M&A to execute this expansion.

“On behalf of AMCP III, we are excited to take this next step in bringing Darren and his team into our portfolio,” said Ryan McCarthy, a Partner with AMCP. “ECP is a founder-led platform that has a strong infrastructure, strong culture, and a clear direction forward, and Darren, who will remain a large shareholder and operating executive, is a true industry expert and proven operator who understands the evolving priorities of the sector’s customers and stakeholders. Moreover, the Company is addressing the mission critical issue of North America’s power grids, which require significant infrastructure investments and reliable services from companies like ECP to effectively address ever increasing power demands.”

“We believe ECP is well-positioned to be an acquisition platform in a fast-growing and highly fragmented industry,” added Jack McCarthy, Managing Partner and Co-Founder of A&M Capital. “We are very much aligned with ECP’s growth strategy and share Darren’s vision for the future, which includes identifying complementary acquisition targets that fit with ECP’s safety and reliability-driven culture, expanding the Company’s geographic footprint, and diversifying its customer base.”

For more information about ECP, including employment opportunities or inquiries regarding selling an electric utility services business to the Company, please visit www.eastcoastpowerllc.com.

For more information about A&M Capital and AMCP, please visit www.a-mcapital.com.

Harris Williams served as exclusive financial advisor to A&M Capital Partners.

About East Coast Power

Founded in 2023, East Coast Power is a leading provider of safe and reliable electric utility services. The company provides maintenance, repair, upgrade, restoration, and emergency response solutions for electrical utility customers supporting distribution and transmission power line infrastructure throughout the northeast United States. Headquartered in the Capital Region of New York, East Coast Power is a portfolio company of A&M Capital Partners. For more information, please visit www.eastcoastpowerllc.com.

About A&M Capital

A&M Capital is a multi-strategy private equity investment firm with $6 billion in total commitments across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally-focused advisory firms in the world. A&M Capital Partners (“AMCP”) is A&M Capital’s flagship investment strategy focused on middle-market control transactions in North America with total commitments of over $4.0 billion. AMCP partners with founders, families, corporates and management teams, providing the capital and strategic and operational assistance that we believe is required to take businesses to the next level of success. More information is available at www.a-mcapital.com.

Contact

Gaffney Bennett PR
ECP@gbpr.com

A&M CAPITAL PARTNERS | 12.17.24

Carton Pack Acquires Fimat

17 December 2024 – Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired Italy-headquartered Fimat S.p.A. (“Fimat” or the “Company”), a leading provider of paper & carton food packaging solutions.

Founded in 1933 and headquartered in the province of Milan, Northern Italy, Fimat is a renowned player in the folding carton industry, with a particular expertise in the fruit & vegetable (“F&V”) and other food end-markets, including bakery and snacks. The Company maintains a robust presence in the F&V end-markets across Northern Italy, France and Germany. The founding Fornaroli family will retain a minority stake in the Company, ensuring continuity.

We believe this acquisition represents a further positive milestone in Carton Pack’s strategy to become a leading European food packaging specialist. It strengthens its footprint in paper & carton packaging, reinforces its F&V end-market focus and expands Carton Pack into the attractive Northern Italian market, as well as France and Germany. The transaction is Carton Pack’s fourth add-on acquisition since AMCE acquired a majority stake in April 2022 and AMCE’s 26^th Fund I transaction.

Alpeggiani Avvocati Associati advised Carton Pack as legal counsel for M&A and corporate matters, Spada Partners as accounting and tax advisers and Ramboll as environmental adviser.

About Carton Pack

Founded in 1970 and headquartered in Puglia, Italy, Carton Pack provides specialist, multi-material, recyclable packaging solutions to Europe’s food markets, with a strong presence in the fruit and vegetable sector. The company’s diversified portfolio includes flexible and rigid plastics, corrugated and solid carton products, and moulded pulp. Carton Pack operates from 8 production facilities and 20 warehouses in Italy, Spain and the UK, employing ~700 people. Under AMCE ownership, the company has been executing a buy-and-build strategy in the European food packaging industry.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and Fimat represents AMCE’s twenty-sixth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 12.12.24

A&M Capital Strategic Investments Makes Minority Investment in Groupe SPHERE Alongside Hivest Capital Partners

December 10, 2024 – A&M Capital Strategic Investments (“AMCSI”) is pleased to announce a minority investment in Groupe SPHERE (“SPHERE” or the “Company”), the European leader in sustainable household packaging, alongside majority investor Hivest Capital Partners S.A.S. (“Hivest Capital”), an independent European private equity firm. AMCSI and Hivest are making the investment in partnership with the Persenda family, SPHERE’s executives, and employee shareholders. AMCSI’s partnership in SPHERE follows other investments made by A&M Capital funds in the packaging industry, including Carton Pack, ProAmpac, and STOK.

Founded in 1976, SPHERE is a French family-owned group known for its commitment to sustainable packaging, with approximately 70% of its sales derived from recycled or compostable bio-based materials. As a leading European provider of household packaging, SPHERE manufactures and distributes a broad range of products for consumer, professional, and public sector markets. Its offerings include waste bags, collection bags, fruit and vegetable bags, freezer bags, cooking bags, reusable shopping bags, films and papers for food and non-food contact, aluminum trays and rolls, disposable tableware, and containers for take-away food, among others.

SPHERE’s development strategy focuses on creating packaging solutions for future generations, with key objectives to:

• Use appropriate materials based on product end-of-life;
• Increase the use of recycled, bio-based, and compostable materials;
• Expand production of compostable bio-based raw materials; and
• Design low-environmental-impact materials.

With 15 production sites across Europe, including seven in France, and an annual production capacity of 235,000 tons of films and bags, SPHERE generated sales close to €800 million in 2023 and employs over 1,600 people. This capital reconfiguration enables SPHERE to accelerate its ambitious development plan, strengthening its position as a leader in its European markets and facilitating potential external growth opportunities.

About AMCSI

AMCSI, with total commitments under management of ~$635 million, is A&M Capital’s dedicated active minority investment strategy focused on partnering with middle market private equity firms in their core areas of expertise. AMCSI leverages the experience of its dealmaking professionals and its exclusive and strategic association with A&M Consulting’s market-leading private equity services business to generate  deal flow from multiple proprietary origination channels and to facilitate value-added partnership. AMCSI’s investments span a variety of industries, supporting companies with sustainable growth and value creation objectives.

About Alvarez & Marsal Capital 

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with approximately $5.9 billion in commitments under management across its funds and accounts. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. Alvarez & Marsal Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making Alvarez & Marsal Capital an attractive partner to management teams and business owners. Alvarez & Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit www.a-mcapital.com.

About SPHERE

Founded in 1976, SPHERE is a French family-owned group and the European leader in household packaging, as well as one of the world’s top producers of bio-based compostable materials for films and bags.

For more information: https://www.sphere.eu

About Hivest Capital Partners

Hivest Capital Partners is an independent European private equity firm authorized by the Financial Markets Authority. Specializing in buyout and expansion projects, Hivest Capital invests in mid-sized businesses with revenues between €100 million and €1 billion, aiming to help them reach their full potential through operational improvements and ambitious growth strategies.

For more information: https://hivestcapital.com

A&M CAPITAL PARTNERS | 11.13.24

STOK Acquires BEWI’s packaging trading business

30 October 2024 – STOK, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has entered into a binding agreement to carveout BEWI’s trading business (“BEWI Food”), a leading distributor of food packaging in Norway and Iceland. BEWI will reinvest a proportion of its proceeds in the combined company. The acquisition of BEWI Food represents STOK’s first add-on since AMCE’s investment, less than six months after closing in April 2024.

We believe BEWI Food is a highly regarded and trusted supplier of food packaging in Norway and Iceland, with a particularly solid position in the fish and seafood market. The company expects to generate sales of more than €70m in 2024. We believe BEWI Food is a complementary combination with STOK, which together creates a leading packaging distributor in Denmark, Norway, Iceland, and Greenland and allows both STOK and BEWI to improve their customer offering by broadening their product range and providing more comprehensive solutions to customers’ packaging needs. The combined group is expected to have annual sales of approximately €190 million for 2024 and a clear strategy for further growth, both organically and through acquisitions.

STOK and AMCE were advised by Schjødt as legal adviser, EY as tax adviser, PwC as accounting adviser, West Monroe as IT adviser, ERM as environmental advisor and Alvarez & Marsal as operational adviser.

About STOK

Founded in 1978 and headquartered in Langeskov, Denmark, STOK Emballage is a leading one-stop-shop distributor of protective packaging, offering a comprehensive range of customisable and standard packaging materials, on-site machinery services, warehousing solutions and advisory services. With a leading position in Denmark and a rapidly expanding international presence, STOK caters to a diverse customer base across the food & beverage, consumer lifestyle, industrial, and healthcare sectors. The company has historically experienced strong organic and acquisitive growth, completing 13 acquisitions over the last 26 years, five of which were in the previous three years.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and BEWI Food represents AMCE’s twenty-fourth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 11.07.24

Carton Pack Acquires Clifton Packaging Group

November 2024 – Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired UK-based Clifton Packaging Group Limited (“Clifton” or the “Company”), a leading provider of innovative primary flexible food packaging solutions.

Founded in 1981 and headquartered in Leicester, UK, Clifton serves a broad range of blue-chip clients, with a particular focus on the protein and snacks markets. We believe Clifton’s speciality in recyclable films with anti-fog and anti-bacterial properties and its expertise in resealable pouches positions it as a critical player in wet protein packaging. Clifton will continue to operate under the leadership of its management team, led by CEO Shane D’Souza.

We believe this acquisition represents a significant milestone in Carton Pack’s strategy to become a leading European food packaging specialist, strengthening its footprint in flexible packaging, expanding into the attractive snacks and protein end-markets and establishing a robust presence in the UK market. The transaction is Carton Pack’s third add-on acquisition since AMCE acquired a majority stake in April 2022.

Carton Pack was advised by Chiomenti, Weil Gotshal & Manges and Charles Russell Speechlys as legal counsels for M&A and corporate matters, Weil Gotshal & Manges and Pedersoli Gattai for financing matters, PWC and EY as accounting and tax advisers, Food Strategy Associates as commercial adviser, Howden as insurance adviser and Ramboll as environmental adviser.

About Carton Pack

Founded in 1970 and headquartered in Puglia, Italy, Carton Pack provides specialist, multi-material, recyclable packaging solutions to Europe’s food markets, with a strong presence in the fruit and vegetable sector. The company’s diversified portfolio includes rigid and flexible plastics, corrugated and solid carton products, and moulded pulp. Carton Pack operates from 6 production facilities and 19 warehouses in Italy, Spain and the UK, employing ~630 people. Under AMCE ownership, the company has been executing a buy-and-build strategy in the European food packaging industry.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and Clifton represents AMCE’s twenty-fifth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 09.10.24

GBUK Acquires Severn Healthcare

4 September 2024 – GBUK, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired UK-based Severn Healthcare Technologies (“Severn”), a value-added and fast-growing distributor of single-use medical devices.

Founded in 2014, Severn specialises in providing next-generation single-use medical devices across the Ear, Nose, and Throat (“ENT”) and Neuro-Otology clinical specialisms. Supporting the adoption of clinical innovation in operating theatres across the National Health Service (“NHS”) and the UK Private market, we believe Severn has built a reputation as a trusted partner to surgical clinicians on the foundations of deep technical expertise and exceeding customer service. 

The acquisition of Severn represents GBUK’s second acquisition since AMCE’s investment in December 2023. The acquisition is expected to strengthen GBUK’s clinical specialist positioning further while expanding its product presence in two new and innovative therapeutic areas.

GBUK were advised by Rothschild & Co as financial adviser, Burness Paull as legal adviser, Accuracy as accounting adviser, and PMSI as commercial adviser.

About GBUK

Headquartered in the United Kingdom, GBUK designs develops and distributes a comprehensive portfolio of own and third-party branded acute-setting medical devices across enteral feeding, vascular access, patient handling and the broader critical care environment. The Company is a top 20 supplier to the UK NHS and supports healthcare professionals and patients in over 45 countries with more than 600,000 medical devices daily. GBUK has demonstrated a track record of penetrating new care areas by leveraging its R&D capabilities and a high-touch sales model hinged on wrap-around services.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and Severn represents AMCE’s twenty-third transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 07.02.24

GBUK Acquires Care & Independence

1 July 2024 – GBUK, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired Care & Independence (“C&I”), a fast-growing UK provider of patient handling and moving devices.

Founded in 1985, C&I specialises in providing medical slings, bathing equipment and broader postural support devices. Within its core UK market, C&I is a preferred supplier to the National Health Service (“NHS”) and primarily serves the needs of patients within the community setting via loan store operators, independent local authorities, and NHS Trusts. Like GBUK, C&I operates a clinician-orientated high-touch sales model that supports Occupational Therapists with clinical product training and patient requirement assessments.

The acquisition of C&I represents GBUK’s first acquisition since AMCE’s investment in December 2023. The acquisition is expected to strengthen GBUK’s positioning within the UK patient handling market, providing further breadth to GBUK’s product offering and an established platform for growth within the community setting.

GBUK were advised by Burness Paull as legal adviser, Accuracy as accounting adviser, and EY as tax adviser.

About GBUK

Headquartered in the United Kingdom, GBUK designs, develops and distributes a comprehensive portfolio of own and third-party branded acute-setting medical devices across enteral feeding, vascular access, patient handling and the broader critical care environment. The Company is a top 20 supplier to the UK NHS and supports healthcare professionals and patients in over 45 countries with more than 600,000 medical devices daily. GBUK has demonstrated a track record of penetrating new care areas by leveraging its R&D capabilities and a high-touch sales model hinging on wrap-around services.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and C&I represents AMCE’s twenty-second transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 06.10.24

Med-Metrix Announces the Acquisition of HBCS, Further Strengthening the Company’s End-to-End RCM Capabilities

PARSIPPANY, N.J., June 10, 2024 /PRNewswire/ — Med-Metrix, LLC (“Med-Metrix”, or the “Company”), a leading provider of technology-enabled, Revenue Cycle Management (“RCM”) solutions that is backed by A&M Capital Partners (“AMCP”), announced it has acquired Hospital Billing & Collection Service, Ltd (“HBCS”). HBCS is a premier, tech-enabled RCM company that offers a comprehensive suite of RCM solutions. This acquisition significantly bolsters Med-Metrix’s end-to-end RCM offerings with HBCS’ best-in-class patient financial engagement solutions coupled with its insurance reimbursement capabilities. Financial terms of the transaction were not disclosed.

Since 1985, HBCS has served health systems across the U.S. and currently works with more than 75 hospital and physician groups. Dedicated to creating sustainable revenue cycle improvements, HBCS streamlines technology-enabled processes through superior billing and follow-up tools. HBCS will continue to serve its customers across a diversified mix of healthcare providers, maintaining its reputation as a mission-critical partner with an average client tenure of 10 years, and more than 25-year relationships with its largest clients. HBCS is based in New Castle, DE, with a regional office in Wakefield, MA.

The acquisition of HBCS further enhances Med-Metrix’s value proposition as a trusted partner to healthcare providers for end-to-end revenue cycle management needs. HBCS’ proprietary technology driven workflows and best-in-class self-pay capabilities have helped healthcare organizations minimize risk and increase revenue. HBCS will augment Med-Metrix’s back-end RCM capabilities, while adding patient account resolution solutions to improve patient engagement and drive better outcomes.

“This transaction brings together two very similar corporate cultures with a shared mission of delivering exceptional performance for our clients. We are thrilled to partner with HBCS’ outstanding leadership team to build upon their brand as a best-in-class patient financial services provider with decades of domain expertise,” said Joseph Davi, Founder and CEO of Med-Metrix. “HBCS has built a terrific company with a differentiated platform, and we look forward to integrating their solutions to further strengthen our collective capabilities,” said Rob Wright, Co-President of Med-Metrix.

“Our top priority has always been to respond to the needs of our clients. As a combined force with Med-Metrix, we will be better positioned to execute that mandate,” said Brian Wasilewski, President and CEO of HBCS. “Looking back at the growth of HBCS over the last few decades, I am very proud of the results our team has realized for our customers, and we look forward to building upon our success in partnership with Med-Metrix and their market leading proprietary software and end-to-end RCM service capabilities.”

“We believe that the combination of Med-Metrix and HBCS creates a further differentiated technology-enabled RCM platform. AMCP looks forward to supporting Med-Metrix’s current trajectory, including continued organic growth and additional M&A opportunities,” said Rob Haisch, a Partner of AMCP.

About Med-Metrix 
Med-Metrix is a leading technology-enabled services platform providing RCM and Business Intelligence (“BI”) solutions for health systems and physician groups across the United States. Med-Metrix provides end-to-end as well as point solution RCM and BI services via the Company’s proprietary software platform. More information is available at www.med-metrix.com. 

About HBCS
HBCS is a healthcare services organization committed to helping its customers achieve sustainable revenue cycle improvements by streamlining processes, leveraging technology, and employing creative problem-solving. HBCS’ focus is on investing in client relationships, discovering new ways to optimize payer revenue, and assisting patients in resolving their healthcare bills. HBCS has been providing services to the healthcare industry since 1985, with an average client tenure of 10 years. HBCS is based in New Castle, DE, and has a regional office in Wakefield, MA. More information is available at www.hbcsrevcycle.com. 

About A&M Capital Partners
A&M Capital Partners (“AMCP”) is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total commitments under management of approximately $4.0 billion. AMCP partners with founders, corporates and management teams, providing the capital and strategic assistance that we believe is required to take businesses to the next level of success. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $5.9 billion in total commitments under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally-focused advisory firms in the world.  More information is available at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 06.10.24

VTG Acquires Clear Cloud, Accelerating Intelligence Community-Focused Growth Strategy

CHANTILLY, Va., June 10, 2024 /PRNewswire/ — VTG, an industry-leading national security solutions provider, announced that it has acquired Clear Cloud, LLC, strengthening its digital transformation capabilities and accelerating its Intelligence Community-focused growth strategy. Based in Northern Virginia, Clear Cloud delivers software, cloud, and data engineering solutions and services to U.S. Intelligence Community customers and missions.

“We are excited to welcome Clear Cloud and its remarkably talented cadre of developers, engineers, and technologists to VTG,” said John Hassoun, VTG President and CEO. “The acquisition of Clear Cloud enables VTG to address emerging challenges to national security and highlights our commitment to investing in the software-oriented capabilities and expertise our Intelligence Community customers need most.”

Clear Cloud was founded in 2018 to provide innovative, secure, and scalable cloud solutions for enterprise-level and mission-critical national security programs. The Company’s customer-centric approach and differentiated expertise in custom Intelligence Community cloud environments have earned Clear Cloud a high-performance reputation for developing and deploying specialized applications, optimizing cloud operations, and ensuring mission success. Clear Cloud co-founder and CEO, Dr. Charles Thomas, Jr. said, “I am extremely excited for the Clear Cloud team. This milestone is a testament to their dedication and exceptional talent, and a direct reflection of the outstanding contributions of each team member. VTG shares our commitment to the pursuit of excellence and our passion for creativity and innovation. We are thrilled to enter the next phase of our journey with such a great partner.”

The acquisition of Clear Cloud underscores and accelerates VTG’s software-oriented Intelligence Community growth strategy. It is VTG’s second acquisition since receiving a majority investment from private equity firm A&M Capital Partners in September 2023 and follows close on the heels of VTG’s April 2024 acquisition of digital transformation innovator Vana Solutions.

About VTG
VTG delivers modernization and digital transformation solutions that expand America’s competitive advantage in the modern battlespace. Headquartered in Chantilly, Virginia, VTG provides full lifecycle engineering for naval, aerospace, network, and digital requirements. Whether at sea, in the air, on land, or in cyberspace, VTG delivers Tomorrow’s Transformation Today. For more information, visit us at www.VTGdefense.com.

About A&M Capital Partners
A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total commitments under management of $4.0 billion. A&M Capital Partners has a strong and referenceable track record of serving as a trusted partner to founders, corporates, and management teams, providing the capital and strategic assistance required to take businesses to the next level of success. A&M Capital Partners invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services.

About Alvarez & Marsal Capital 
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with approximately $5.9 billion in commitments under management across its funds and accounts. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. Alvarez & Marsal Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making Alvarez & Marsal Capital an attractive partner to management teams and business owners. Alvarez & Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit www.a-mcapital.com.