A&M CAPITAL PARTNERS | 10.06.22

A&M Capital Opportunities is Pleased to Announce its Investment in Heartland Business Systems, a Leading Provider of IT Solutions

AMCO is pleased to announce its investment in Heartland Business Systems (“Heartland”), a leading provider of information technology services serving commercial, public sector, and small-to-medium sized businesses across the Midwestern US. The Company has over 600 full-time employees, including over 225 trained/certified engineers experienced. Heartland services a large base of over 2,800 customers by providing end-to-end customized technology solutions backed by a local team of highly skilled experts.

Based in Little Chute, WI, Heartland services its customers from 12 regional offices throughout Wisconsin, Minnesota, Nebraska, Illinois, Missouri, Arkansas and Arizona. In its next phase of growth, Heartland expects to pursue acquisition opportunities as it continues its expansion into new geographies, end markets and service offerings.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital (“AMC”) is a multi-strategy private equity investment firm with over $4.35 billion in total assets under management across six funds and four investment strategies. The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

About A&M Capital Opportunities

A&M Capital Opportunities (“AMCO”), with assets under management of $500 million, is AMC’s lower middle market growth strategy, focused on control, shared control, and structured minority equity investments in North America. AMCO partners with business owners and management teams to help recapitalize and grow businesses, leveraging deep operational capabilities and industry relationships to position them for accelerated long-term growth. We have significant experience with all types of transactions, including growth equity, growth buyouts, recapitalizations, and consolidations of fragmented sectors.

A&M CAPITAL PARTNERS | 09.06.22

Ayesa Agrees to Acquire Ibermática

Acquisition Will Nearly Double Revenue of Combined Group to Over €600 Million

Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), has agreed to acquire Ibermática, a leading Spanish IT services company, from ProA Capital and the remaining minority shareholders, including ONCE and Kutxabank.

The transaction is expected to close before year-end, following approval by the relevant authorities. The terms of the transaction were not disclosed.

Founded in 1973, Ibermática (“IB”) is one of the leading IT services providers for large corporates in Spain and counts many IBEX 35 companies as clients. IB offers a wide-ranging portfolio of solutions spanning IT consultancy, cybersecurity, cloud computing and data analytics. At the end of 2021, IB had approximately 4,750 employees and revenue of €276 million.

Through this transaction, we believe Ayesa will be able to consolidate its position in the Spanish IT services market, becoming one of Spain’s foremost service providers. The combined group will employ over 11,000 professionals worldwide, generate more than €600m in revenue, and benefit from enhanced technological capabilities, broad and complimentary sector coverage, a deeper nationwide presence, and a reinforced international footprint.

Following the recent acquisitions of Byrne Looby in Ireland and M2C in Spain, IB constitutes Ayesa’s third add-on acquisition since AMCE’s majority investment in January 2022.

Arcano acted as financial advisor to AMCE and Ayesa, BCG as a commercial adviser, Alvarez & Marsal as an operational adviser, EY as an accounting adviser, Houlihan Lokey as a debt adviser, and Pérez-Llorca and Weil, Gotshal & Manges as legal advisers.

About Ayesa

Headquartered in Spain, Ayesa is a leading international provider of IT and engineering services with over 6,300 employees in 20 countries across Europe, Latin America, and Asia. The IT Services division provides an extensive portfolio of IT and digital transformation solutions, including software implementation and maintenance services, data management and analytics, cybersecurity and process automation, among others. The Engineering Services division provides infrastructure project management and design services primarily in the civil engineering market. In 2021, the group, led by CEO José Luis Manzanares Abásolo, recorded sales of €322 million.

About A&M Capital Europe (“AMCE”)

AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Ibermática represents AMCE’s eleventh transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with over €4.3 billion in assets under management across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest operationally

A&M CAPITAL PARTNERS | 08.01.22

A&M Capital Opportunities Announces Sale of Crash Champions

GREENWICH, CT – Crash Champions, LLC (“Crash Champions” or the “Company”), a leading independent collision repair service providers and a portfolio company of A&M Capital Opportunities (“AMCO”), announced on August 1, 2022 that it successfully completed a sale of the business to Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), in which the Company simultaneously executed a strategic transaction with Service King Collision (“Service King”). Crash Champions’ management team and operating partners, alongside Clearlake, with a minority investment from A&M Capital Strategic Investments Fund, will lead the combined Company going forward. Following closing and integration, the Company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner. Terms of the transaction, which is subject to customary closing conditions including regulatory clearances, were not disclosed.

Founded in 1999 by Matt Ebert, Crash Champions is a U.S. operator of over 200 collision repair facilities. Having expanded from a single storefront in Chicago into a present-day network of 20 states, each location is built on the Company’s founder and operator-led values, championing customer service and workplace satisfaction.

Since its founding in 1976, Service King has grown into one of the industry’s largest collision repair platforms with over 330 locations spanning 24 states. Today, Service King offers deep footprint coverage in many of the nation’s fastest growing MSAs, including Atlanta, Austin, Dallas, Houston, Las Vegas, Nashville, Phoenix, Salt Lake City, San Antonio, Seattle, and Washington, D.C. Partnering with Crash Champions will allow Service King to better serve its customers and carrier partners, while driving long-term value for employees, vendors, and investors.

“Today is an exciting day for Crash Champions and another major milestone in our growth story,” said Mr. Ebert, founder and CEO of Crash Champions. “This strategic combination further enhances our ability to serve our customers and insurance partners while creating advancement opportunities for our team members across both organizations.” Following the closing of this deal, the combined Company’s total workforce will exceed 9,200 team members. Crash Champions and Service King have highly complementary geographic footprints with limited overlap. “We remain committed to the operator-first mindset that has guided us throughout our history. This approach has enabled us to successfully integrate hundreds of shops and thousands of employees into one of the leading employers in the collision repair industry,” concluded Mr. Ebert.

AMCO acquired a majority interest in Crash Champions on July 31, 2019 and was attracted to the opportunity to utilize the firm’s expertise scaling and professionalizing high growth businesses. Crash Champions, as a leading Chicago-based collision repair chain, provided the opportunity to invest in a high growth MSO of collision repair centers that operated in a fragmented, but large and stable industry. Under AMCO’s three-year ownership, the firm supported the Company’s expansion from 8 original shops to over 200 shops across 20 states.

About Crash Champions

Crash Champions is a leading independent collision repair company operating over 200 state-of-the-art centers across 20 states—including: California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washington, and Wisconsin—as well as Washington, DC. Founded in 1999 as a single shop outside Chicago by industry veteran and entrepreneur Matt Ebert, today Crash Champions is one of the fastest growing and largest founder-led and operated collision repair MSOs in America. For more information, visit www.crashchampions.com.

About A&M Capital Opportunities

AMCO, with assets under management of $500 million, is Alvarez & Marsal Capital’s lower-middle market growth strategy, focused on shared control and structured minority equity investments in North America. AMCO partners with business owners and management teams to help recapitalize and grow businesses, leveraging deep operational capabilities and industry relationships to position them for accelerated long-term growth. AMCO has significant experience with all types of transactions, including growth equity, growth buyouts, recapitalizations, and consolidations of fragmented sectors. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.4 billion in total assets 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. For more information, visit https://www.a-mcapital.com/.

A&M CAPITAL PARTNERS | 07.20.22

United Musculoskeletal Partners Announces Merger with Novum Orthopedic Partners and Addition of Founding Practice

Atlanta, GA – United Musculoskeletal Partners (UMP) announced today its merger with Dallas-based Novum Orthopedic Partners (Novum), to form the premier physician-owned orthopedic platform in the country. In addition, Denver-based Panorama Orthopedics (Panorama) joins Atlanta-based Resurgens Orthopaedics (Resurgens) and Dallas-based Arlington Orthopedic Associates (AOA) as co-founding partners of UMP. Together, these new partnerships establish UMP as a national leader in musculoskeletal care delivery.

UMP, led by CEO Alex Bateman, is a joint venture of leading orthopedic practices and private equity group Welsh, Carson, Anderson & Stowe (WCAS). With the addition of Novum and Panorama, UMP grows to nearly 190 physician partners and 320 total providers across Colorado, Georgia and Texas.

Backed by A&M Capital Partners (AMCP), Novum launched its orthopedic platform in December 2021 by bringing together AOA, Abilene Sports Medicine & Orthopedics and Waxahachie Orthopedic and Sports Medicine and investments in two leading surgical facilities captive to those practices. Inclusive of the recent addition of North Texas Orthopedics & Spine Center, the four Novum practices will join UMP, with AMCP joining as go-forward sponsor partners alongside WCAS.

“I believe this partnership of elite orthopedic groups, backed by WCAS and AMCP, will be transformative, as we come together to deliver the very best patient care and drive innovation and growth,” said Bateman. “This merger will allow UMP to continue adding like-minded practices to our footprint, as we build the leading musculoskeletal enterprise in the nation.”

Eric Slimmer, Chief Development Officer for Novum said, “The timing was serendipitous that we could merge these two newly formed ventures into one, high-performing platform. Our visions are aligned and that favorably positions us to execute on our goals together.”

“This partnership is especially exciting for Panorama as we join forces with Novum, Resurgens, WCAS and AMCP under the UMP platform to create more access for patients to world-class orthopedic and musculoskeletal care,” said Mark Conklin, MD, President of Panorama. “Together, we can continue paving the way for the future of orthopedics.”

About United Musculoskeletal Partners
United Musculoskeletal Partners (UMP) was formed in December 2021 by Resurgens Orthopaedics, one of the nation’s largest orthopedic practices, and leading private equity firm WCAS. UMP will partner with entrepreneurial, physician-owned orthopedic practices to deliver exceptional clinical care to patients around the country while simplifying the management functions of the practices under one umbrella company. More information at www.umpartners.com.

About Novum Orthopedic Partners
Novum Orthopedic Partners is an innovator in the field of orthopedic practice management. The Company’s model allows for practices of all sizes to maintain local autonomy and independence while achieving the benefits of scale in a national team setting. Novum’s strategy, structure and time-tested model are designed to meet future demands and deliver sustained growth. For more information, please visit www.novumortho.com.

About Panorama Orthopedics
The orthopedic providers at Panorama are highly trained and focused on specific sub-specialties. With over 100 physicians and advanced practice providers, we offer orthopedic specialists in sports medicine, orthopedic trauma, hand, wrist and elbow, foot and ankle, hip preservation, joint replacement and spine care. In addition, we offer non-operative pain management specialists and physical therapists. Our entire team works together with one goal in mind, to help get you back to feeling better so you can lead an active life. For more information visit www.panoramaortho.com.

About Welsh, Carson, Anderson & Stowe
WCAS is a leading U.S. private equity firm focused on two target industries: healthcare and technology. Since its founding in 1979, the firm’s strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives and strategic acquisitions. The firm has raised and managed funds totaling over $30 billion of committed capital. For more information, please visit www.wcas.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 assets under management of approximately $2.9 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. AMCP is part of Alvarez & Marsal Capital (AMC), a multi-strategy private equity investment firm with over $4.2 billion in total assets 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.www.a-mcapital.com.

A&M CAPITAL PARTNERS | 07.11.22

Novum Orthopedic Partners Expands Its Physician Practice Management Platform in Dallas-Fort Worth with Investment in North Texas Orthopedics & Spine Center

The new partnership represents a continuum of Novum’s strategy to build a network of like-minded, entrepreneurial orthopedic practices and surgery centers in Texas and across the U.S.

DALLAS ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­– Novum Orthopedic Partners (Novum), a leader in orthopedics and spine practice management, has made a strategic investment in Dallas-Fort Worth-based North Texas Orthopedics & Spine Center (NTO), one of the regions most respected orthopedic practices. NTO delivers a full suite of musculoskeletal services, including orthopedic consultation, surgeries, pain management, diagnostic imaging, and physical therapy through an integrated care network. 

“Novum’s footprint in the Dallas-Fort Worth region is rapidly growing, and we see an opportunity to operationalize our practice in a way that delivers more value to our patients, physicians, and leadership team,” said Lora Fulmer, Chief Executive Officer at NTO. “By joining Novum, we expect to streamline burdensome administrative tasks for our staff, especially in areas such as billing and compliance, while providing our physicians with real-time operational and clinical benchmarks to improve patient outcomes and overall practice performance.”

“Novum’s ability to deliver value to practice providers and improve the patient experience are just two reasons we joined the Novum team,” added Dr. Michael Briseño, President and Spine Surgeon at NTO. “Our physician group is excited to enter into this new era of medicine while partnering with Novum and their growing bench of outstanding orthopedic providers and support networks.”

The investments are a continuum of Novum’s strategy to partner with like-minded, entrepreneurial orthopedic practices across the U.S. The model provides practice partners with a full suite of technology-enabled compliance, revenue cycle and financial services that can improve operational efficiency and empower physicians to deliver best-in-class clinical care. With the closing of NTO, Novum has expanded its practice management platform to include 47 orthopedic and spine physician partners and more than 400 employees across 10 practice locations, 3 affiliated surgical facilities and 10 physical therapy sites in Texas.

“We’ve developed an attractive, fast-growing model centered around delivering technology-enabled infrastructure and outstanding personnel,” said Eric Slimmer, Novum’s Chief Development Officer. “The model empowers independent orthopedic practices to remain locally managed and physician-led while equipping them with data-driven solutions that create a better experience for patients and physicians.”

“We are excited to welcome the NTO team to the Novum partnership,” said Alex Sacripanti, Vice President at AMCP. “NTO’s commitment to best-in-class clinical quality, together with Novum’s access to resources and our capital investment, creates a powerful partnership to grow and expand Novum in the highly attractive Texas market. We are thrilled to partner with their team of providers.”

About North Texas Orthopedics & Spine Center
Since 1990, North Texas Orthopedics & Spine Center has been committed to providing its patients with the highest level of compassionate, specialized orthopedic and sports medicine care. Recognized as the region’s preferred orthopedic practice, NTO’s specialists are leaders in the diagnosis and treatment of the musculoskeletal system, offering surgical and nonsurgical treatments for every bone, joint, muscle, tendon, and ligament injury and condition, including arthritis of the knee, ankle sprains, and hip fractures. To learn more, please visit www.ntxortho.com.

About Novum Orthopedic Partners
Novum Orthopedic Partners is an innovator in the field of orthopedic practice management. The Company’s model allows for practices of all sizes to maintain local autonomy and independence while achieving the benefits of scale in a national team setting. Novum’s strategy, structure and time-tested model are designed to meet future demands and deliver sustained growth. For more information, please visit www.novumortho.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 assets under management of over $2.9 billion. AMCP partners with founders, corporations and management teams to provide the capital and strategic assistance that it believes is required to take businesses to the next level of success. AMCP invests in businesses across a wide range of sectors, including Industrial Products, Consumer Products and Services, Healthcare, Business Services and Government Services.

About Alvarez & Marsal Capital
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.2 billion in total assets under management across four funds and three investment strategies.  The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally focused advisory firms in the world.  AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

About Alvarez & Marsal
A&M is a privately-owned independent global professional services firm that leverages an industry leading group of experienced operating executives who help businesses improve performance, solve problems and unlock value for stakeholders.  A&M has over 6,000 operating professionals and employees in 67 offices across North America, Europe, the Middle East, Asia and South America.  A&M has expertise across all major industry sectors and extensive functional capabilities in nearly all primary areas of a business enterprise including, among others, operations, revenue enhancement, sales and marketing, manufacturing, IT, finance, working capital management, supply chain and logistics, real estate, human capital management, merger integration and carve-out support.

Contact
Eric Slimmer
Chief Development Officer
eric.slimmer@novumortho.com
(405) 923-1296

A&M CAPITAL PARTNERS | 07.08.22

GS Foods Group Acquires Graves Foods – Expanding Operations in the Midwest

New acquisition enhances presence in Midwest region and Strengthens operations for the future

GS Foods, a world class foodservice distributor owned by affiliates of Highview Capital and A&M Capital Partners(“AMCP”), today announced its acquisition of Graves Foods, a leading foodservice distributor headquartered in Jefferson City, Missouri.    

With more than 50 years of industry experience, GS Foods encompasses a family of specialized companies that provides trusted food distribution and product solutions nationwide. The acquisition of Graves follows GS Foods’ recent acquisition of C&C produce, headquartered in Kansas City, and the opening of their Wright City, Missouri distribution center.

“Integrating Graves Foods into the GS Foods’ family solidifies our role as a leading operator in the Midwest region”, said Sean Leer, CEO, GS Foods. “Together, we bring over 100 years of experience to the table for customers. We are excited to incorporate the Graves family into our leadership team knowing they share our commitment to providing the highest-quality products and best service in the industry.”

Founded in 1947, Graves Foods has established itself as a dependable source of foodservice products and services in the Midwest, serving Missouri, Oklahoma, Kansas, Arkansas, Iowa, and Illinois. Building on decades of experience, Graves provides products and services to diverse sectors including healthcare, education, restaurants, convenience, and hospitality.

“After many years of growth and expansion, Graves Foods is excited to reach another key milestone – integrating with a leading national food distributor that shares our company values,” said Dick Graves. “As a family-founded business, we, along with our experienced and valuable team, take great pride in feeding the Midwest in a friendly and responsible way as any family would. GS Foods shares this philosophy and today’s combination will not only enhance our commitment to customers but strengthen our operations for the future.”

As part of the acquisition, the Graves family leadership team will join GS Foods and collaborate closely with the team going forward. Both companies expect a seamless transition for both employees and customers.

About GS Foods Group
GS Foods Group is a leading specialized food distributor primarily serving the K-12 schools and corrections markets, and was created through the merger of Gold Star Foods and Good Source Solutions. GS Foods tailors its sales and marketing programs to ensure that more K-12 school students and other customers have access to healthy and cost-effective meals each day. The combined company has a national footprint with substantial market presence across the United States, serving over 8,000 customers nationwide.

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 assets under management of $2.9 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 over $4.2 billion in assets under management across six funds and four investment strategies. 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.www.a-mcapital.com.

Contact
Ale Amesquita
Director of Business Development, A&M Capital Partners
ale@a-mcapital.com
424.354.5238

A&M CAPITAL PARTNERS | 07.08.22

TekPartners, a P2P Company, and Genuent Announce Merger to Become INSPYR Solutions, a Leading Professional Staffing and Solutions Provider

Boca Raton, Florida and Houston, Texas – TekPartners, a subsidiary of P2P Staffing Corporation (“P2P”), and Genuent Holdings, LLC (“Genuent”) announced today that the companies have merged to become INSPYR Solutions (“Company”). TekPartners and Genuent are each proven leaders in the technology staffing and solutions industry. The combination will allow INSPYR Solutions to better serve its customers through an increased breadth of service offerings, access to a broader talent pool and expanded geographic coverage.

INSPYR Solutions will operate in a manner that honors the legacy TekPartners and Genuent brands, built over many years of steadfast client service. The Company will continue to uphold its reputation for attracting and retaining top talent through a world-class culture, as well as providing a superior experience to both its clients and candidates.

The INSPYR Solutions platform is now one of the largest pure-play providers in the information technology staffing industry, placing thousands of highly specialized consultants across the United States. Going forward, INSPYR Solutions will provide its technology staffing services and professional services solutions through a combined 11 branch locations across six states. The Company serves customers across a variety of end markets, including technology, transportation, consumer, healthcare, financial services and energy.

Coinciding with the merger, Genuent received a majority investment from A&M Capital Partners (“AMCP”), which acquired the business from Achieve Partners. AMCP previously acquired a majority interest in P2P from its founders in December 2021.

Jay Bevilacqua, formerly the CEO of TekPartners, will serve as CEO of INSPYR Solutions. Mr. Bevilacqua commented, “Merging TekPartners and Genuent is an exciting and logical next step in the evolution of our brands for a number of reasons. As INSPYR Solutions, we will be able to unlock tremendous synergy to better serve our clients and consultants. With a strong nationwide footprint and an infusion of capital from A&M Capital Partners, INSPYR Solutions has the resources and reach to make an enormous impact on the industry. Our new name reflects our team’s drive to become a force of inspiration and leadership in the staffing and professional services arenas.”

Kip Wright, formerly the CEO of Genuent, will serve as Executive Chairman of the Board of INSPYR Solutions. Mr. Wright commented, “We are extremely excited to join forces with the TekPartners team and create a new powerhouse in IT staffing and related solutions. These two companies exhibit a remarkable alignment from a cultural and values perspective, as well as enormous synergy in our approach to client and consultant service that will serve us well as a combined force.”

“We are thrilled to bring together two industry-leading players in TekPartners and Genuent. INSPYR Solutions represents an attractive platform in the technology staffing and solutions market,” said Michael Odrich, Managing Partner & Founder of AMCP.

“We are extremely excited to partner with the experienced leadership team at INSPYR Solutions as they begin a new chapter in the Company’s history,” added Alex Nivelle, a Partner of AMCP. “We see significant opportunity to continue to expand the platform across additional geographies, new end markets, and evolving skill sets. Both businesses’ proven results and track records of success position INSPYR Solutions to continue to grow organically and through accretive acquisitions.”

For more information, please visit www.inspyrsolutions.com.

About TekPartners, a P2P Company
TekPartners has been a trusted and proven technology solutions firm since its founding in 2002. As an information technology partner, it offers its clients proven talent through IT Staffing, Professional Services, and Infrastructure Solutions divisions. TekPartners understands and values the unique needs of the industry and always strives to stay above the curve. The company was founded on the following core values: Be the Best, Understand the Urgency, Never Ever Give Up, Have the Courage to Excel, and Make a Contribution. The Company takes pride in its business model and strives to create a positive workplace environment through an exemplary culture. TekPartners is headquartered in Boca Raton, FL.

About Genuent
Genuent is a leading technology staffing firm that delivers highly-skilled information technology professionals and workforce solutions to help its clients solve complex technology and business challenges. Through strong, long-lasting relationships with both its consultants and clients, Genuent is an element of change in the world of work. Genuent services clients nationally across the entire technology spectrum, connecting top technology talent with clients to provide responsive, collaborative support. Genuent was founded in 2006 and is headquartered in Houston, Texas.

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 assets under management of $2.9 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 over $4.2 billion in assets under management across six funds and four investment strategies. 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.www.a-mcapital.com.

Contact
Milgrim Bello
Sr. Director of Strategic Marketing, INSPYR Solutions
mbello@tekpartners.com
954.607.1238

Ale Amesquita
Director of Business Development, A&M Capital Partners
ale@a-mcapital.com
424.354.5238

A&M CAPITAL PARTNERS | 07.08.22

The Arcticom Group Announces the Acquisition of Tomco Mechanical Corporation, Expanding the Company’s Footprint to the East Coast and Further Strengthening its Presence in the HVACR Market

Walnut Creek, CA – The Arcticom Group (“Arcticom” or the “Company”), a leading provider of mission-critical mechanical services primarily focused on commercial refrigeration and HVAC systems, backed by A&M Capital Partners (“AMCP”), announced its acquisition of Tomco Mechanical Corporation (“Tomco”).  Based in Westbury, NY, Tomco is a leading provider of commercial refrigeration and HVAC services, providing support for customers throughout the New York Tri-state region.

Tomco Mechanical has a leading reputation for providing refrigeration and HVAC repair, maintenance, installation, and remodeling services to a customer base of regional and national grocers and other commercial customers in New York, New Jersey and Connecticut. Tomco was founded in 1972 by Tony and Tina Martinelli and is currently led by their son, John Martinelli. Tomco’s senior management team will remain with the Company with John Martinelli continuing to serve as Tomco’s President and retaining a meaningful ownership stake in the combined business.

Jim Pape, CEO of Arcticom, stated, “We are incredibly excited to partner with John Martinelli and the Tomco team to expand our North American footprint and deliver complementary best-in-class services to our national and regional customers. This business combination establishes a scaled presence for Arcticom on the East Coast and enables us to more effectively serve our national customer accounts across multiple geographies.”

“Partnering with Arcticom is a tremendous opportunity for Tomco as we look to accelerate growth and further strengthen our value proposition for our customers,” said John Martinelli, President of Tomco. “Arcticom shares the same culture, values, and strategic vision that we have at Tomco and which we believe provides a great platform for our family owned and operated business.”

David Perskie, a Partner of AMCP, said “We are thrilled to welcome the Tomco team to the Arcticom family and look forward to supporting the Company in its next phase of growth.  Tomco was a priority target for Arcticom for a variety of reasons, and we believe its completion is a key step in accomplishing our longer-term objectives.”

About The Arcticom Group
Through its network of HVACR companies, The Arcticom Group provides a wide variety of commercial and industrial refrigeration and HVAC services, including: preventative maintenance, repair, installation, renovation, new systems engineering and design, energy optimization, and refrigerant management programs. For more information, please visit www.arcticomgroup.com.

About Tomco Mechanical Corporation
Tomco Mechanical is a leading provider of commerical refrigeration and HVAC services in the New York Metro market. Founded in 1972 and based in Westbury, NY, Tomco provides services to a diverse base of grocery, municipal and education clients in the Tri-state region. region. For more information, please visit www.tomcomechanical.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 assets under management of approximately $2.9 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 $4.2 billion in total assets 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.www.a-mcapital.com.

A&M CAPITAL PARTNERS | 05.10.22

Med-Metrix Announces the Acquisition of PatientPal, Bolstering the Company’s Front-End RCM Software and Service Solutions

PARSIPPANY, N.J. – PRNewswire – Med-Metrix, LLC (“Med-Metrix”, or the “Company”), a leading provider of technology-enabled, Revenue Cycle Management (“RCM”) solutions, backed by A&M Capital Partners (“AMCP”), announced it has acquired PatientPal, Inc. (“PatientPal”). PatientPal is a provider of patient engagement, front-end RCM software solutions, including patient scheduling, price estimation, eligibility verification, prior authorization and payment solutions. PatientPal’s proprietary front-end RCM software further improves Med-Metrix’s patient intake technology and service capabilities. Financial terms of the transaction were not disclosed.

PatientPal will continue to serve over 40 customers in 35 states across a diversified mix of healthcare providers. The acquisition augments Med-Metrix’s Robotic Process Automation (“RPA”) capabilities as PatientPal’s software interacts with Electronic Medical Record (“EMR”) systems, allowing for the automation of traditional front desk responsibilities. PatientPal was founded in 2017 and is based in Boston, MA.

“This strategic transaction exemplifies our commitment to providing our current and prospective healthcare customers with differentiated, RCM technology,” said, Joseph Davi, Founder and CEO of Med-Metrix. “We believe Adam and Ben have built a great company with a fantastic technology platform.  We look forward to integrating PatientPal’s software to provide a unique patient engagement experience for healthcare providers and their patients,” said Rob Wright, President of Med-Metrix.

“Med-Metrix and PatientPal have a shared vision of leveraging technology solutions to remove administrative burdens from providers, while improving their patient’s experience and optimizing outcomes,” said Adam Vartikar, CEO & Co-Founder and Benjamin Hutchins, CTO & Co-Founder of PatientPal.

“We are excited to welcome the PatientPal team to Med-Metrix.  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.

Under Med-Metrix, PatientPal will be rebranded within the Med-Metrix AnalytX suite of proprietary software products.

About Med-Metrix 
Med-Metrix is a leading technology-enabled services platform providing RCM and Business Intelligence solutions for health systems and physician groups across the United States. Med-Metrix provides RCM and BI services via the Company’s proprietary software platform, AnalytX. The Company serves its customers through its Med-Metrix LLC, Medi-Centrix LLC, Physician Advisor On-Call, LLC, Miller & Milone, and ARMCO Partners divisions. More information is available at www.med-metrix.com.

About PatientPal
PatientPal automates and standardizes a contactless experience for practitioners and patients. From scheduling appointments all the way to final payment, PatientPal’s front-end RCM technology solutions optimize all aspects of the patient experience. PatientPal’s solutions also include eligibility verification, price estimation, prior authorization, medical record access, surveys and reviews.

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 assets under management of approximately $2.7 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 $4.1 billion in total assets 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.www.a-mcapital.com.

SOURCE Med-Metrix

A&M CAPITAL PARTNERS | 04.28.22

Ayesa Acquires M2C

28 April 2022 – Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London-based middle- market private equity firm with €650 million of assets under management, has acquired M2C, a Spanish provider of IT services specialised in data management and process automation solutions.

Founded in 2004, M2C offers a comprehensive portfolio of digital transformation solutions in big data and analytics, business process management, and systems administration. M2C employs 255 professionals and serves clients primarily in the insurance, banking, and telecom sectors.

The acquisition of M2C represents a key milestone in Ayesa’s plans to consolidate the fragmented IT services market in Spain, drive growth in emerging technology verticals and diversify its end-market exposure. Following the recent acquisition of Byrne Looby, M2C represents Ayesa’s second add-on acquisition since AMCE’s investment in January 2022.

AMCE and Ayesa were advised by Arcano as a financial adviser, Roland Berger as a commercial adviser, EY as an accounting adviser and Pérez-Llorca as a legal adviser. Alvarez & Marsal advised on operational due diligence and integration.

About Ayesa

Headquartered in Spain, Ayesa is a leading international provider of IT and engineering services with over 6,000 employees in 20 countries across Europe, Latin America, and Asia operating two divisions. The IT Services division provides software implementation and maintenance services, digital transformation solutions, and business process outsourcing. The Engineering Services division provides infrastructure project management and design services in the civil and industrial engineering markets.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and M2C represents AMCE’s ninth transaction. More broadly, AMCE is part of Alvarez & Marsal Capital, a multi-strategy private equity investment firm with over €3.7 billion in total assets 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. For additional information, please visit A&M Capital’s website at www.a- mcapital.com.