A&M CAPITAL PARTNERS | 02.07.22

Ayesa Acquires ByrneLooby

Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London based middle-market private equity firm managing €650 million of equity capital, has acquired ByrneLooby, an international engineering consulting firm with a presence in the UK, Ireland and the Middle East.

Founded in 1998, ByrneLooby provides civil engineering design services across a number of specialist sectors including marine and coastal, buildings, transportation, energy, environment, water and waste management. ByrneLooby employs over 225 professionals and generates €24 million of annual revenues.

The acquisition of ByrneLooby represents a key milestone in Ayesa’s plans to expand its Engineering division into English-speaking markets, where major infrastructure plans are in place. On January 20, 2022, AMCE acquired a majority stake in Ayesa with a defined growth roadmap which targets doubling revenues to over €500 million within five years.

AMCE and Ayesa were advised by JB Capital as financial advisers, Roland Berger as commercial advisers and Weil, Gotshal & Manges as legal advisers.

About Ayesa

Headquartered in Spain, Ayesa is a leading international provider of IT and engineering services with

~5,400 employees in 17 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 manages €650 million of committed capital and ByrneLooby represents AMCE’s seventh transaction. AMCE is part of A&M Capital, the global mid-market private equity firm managing in excess of €3.5 billion of capital. AMCE has an association with Alvarez & Marsal that enables AMCE to access the world class operational expertise of Alvarez & Marsal’s ~5,700 consultants across Alvarez & Marsal’s 25 European offces and 69 offces globally.

A&M CAPITAL PARTNERS | 01.25.22

A&M Capital Partners-Backed Worldwise Announces Acquisition of Kitty Sift

Innovative Cat Accessories Business Joins Worldwise, a Leading Platform Focused on Pet Supplies and Pet Essentials

Novato, CA – January 25, 2022 – A&M Capital Partners (“AMCP”), a middle-market private equity investment fund that is part of the A&M Capital platform, together with A&M Capital Opportunities Fund, an affiliated fund, today announced that Worldwise, an AMCP portfolio company, has acquired Kitty Sift (“Kitty Sift”), an innovative leader in the highly consumable cat litter and accessories segment.  After the close of the transaction, Kitty Sift will operate under the Worldwise platform, which was acquired by AMCP in September 2021.

Headquartered in Eden Prairie, Minnesota, Kitty Sift is a branded leader in the North American eco-sustainable cat litter and accessories space, providing creative supply chain solutions to both eCommerce-centric businesses and omni-channel brick and mortar retailers.  Kitty Sift’s patented eco-friendly, no-scoop disposable litter box has been recognized by the Pet Business Industry Recognition Awards and the Pet Care Innovation Network in 2021 as one of the most innovative pet care products in the industry.  

Worldwise, headquartered in Novato, CA, is one of the leading platforms in the pet supplies market.  Worldwise offers retailers a complete, branded one-stop-shop solution that serves the majority of pet supply merchandising needs and provides high-quality, thoughtful, fun, and eco-sustainable products that address both the joys and challenges of pet parenthood.  Serving a wide range of categories such as cat toys, pet bedding, dog toys, cat scratchers, and travel accessories, Worldwise’s growing roster of leading award-winning brands include SmartyKat®, TrustyPup®, Petlinks®, goDog®, SHERPA™, Guaranteed On-Board™, FurHaven®, PoochPlanet®, and Pawscout™.  Founded in 1990, Worldwise leverages deep industry experience, strong retailer relationships and significant amounts of consumer data to help create quality products inspired by design, innovation and value.

Worldwise’s acquisition of Kitty Sift further enhances its omni-channel presence, adding innovative cat accessories to an already robust product portfolio of toys, pet beds, chews, cat products, travel accessories and other key categories. The addition of Kitty Sift marks Worldwise’s second acquisition in the last month, adding complementary product, as well as brand and management resources, to the platform.

Following the close of the transaction, Kitty Sift’s Founder and CEO, Carrie Van Wert will join Worldwise and its management team. In her new role as Director of Cat Litter & Accessories New Product Development, Ms. Van Wert will focus on the growth and management of the broader cat litter and accessories category.

“We believe that Carrie and her team have done a fantastic job innovating in cat litter and accessories while emphasizing sustainability,” said Ryan McCarthy, Partner at AMCP.  “We’re incredibly pleased to bring Carrie and her team under the Worldwise platform to bolster our offerings and lend AMCP’s deep expertise in the pet industry. This is Worldwise’s second acquisition in the last month, demonstrating our focus on continuing to add complementary businesses, products and brands to the Worldwise platform.”

“I created Kitty Sift to address an unmet demand in the pet care market and have successfully grown our business by focusing on providing eco-friendly products to Cat Parents,” said Mrs. Van Wert. “The Kitty Sift team and I are thrilled to be joining Worldwise as we believe they have the vision and infrastructure to help us reach our full potential in the marketplace. We feel the combined platform is well-positioned for continued success as it continues to provide a broad offering of innovative pet solutions across multiple channels.”

“We believe that the addition of Kitty Sift to the Worldwise platform is exciting news for our team and Cat Parents everywhere,” added Mr. Fick. “This marks what we believe to be an important step in our journey to build out the Worldwise platform of brands and develop even more highly innovative, high-quality products across the cat litter and accessories segment. Worldwise is focused on being a leader in innovative cat products and providing our customers and consumers with new products to address their needs. In partnership with AMCP, we look forward to further growing our platform, reach and offerings and continuing to meet our customers’ needs wherever they are looking to purchase our products.”

Calfee, Halter and Griswald LLP provided legal counsel to AMCP.  

About Kitty Sift
Headquartered in Eden Prairie, MN, Kitty Sift is a leading North America eco-sustainable cat litter & accessories innovator providing creative supply chain solutions to both eCommerce-centric businesses and omni-channel brick and mortar retailers. For more information, please visit https://kittysift.com.

About Worldwise, Inc.
Worldwise, Inc. is committed to creating the most innovative, accessible, affordable, and environmentally-responsible product-solutions for pets and pet-parents everywhere. Our family of award-winning brands – goDog®, Petlinks®, SHERPA®, Hear Doggy!®, SmartyKat®, TrustyPup®, Guaranteed On-Board®, PoochPlanet®, Pawscout™, FurHaven® and more – all stand for the highest in quality, safety and satisfaction, and incorporate environmentally-responsible materials and processes whenever possible. Adhering to meet child safety standards and backed by our satisfaction guarantee, our thoughtful, fun and eco-sustainable products promote the bond between pets and pet-parents across diverse categories such as cat toys, catnip, cat bedding, cat scratchers, dog toys, dog bedding, dog and cat travel accessories, app-integrated dog and cat tracking solutions, and more. For more information, please visit http://www.worldwise.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 assets under management of approximately $2.5 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 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. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3.8 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.  

Media Contacts
A&M Capital Partners
Sard Verbinnen & Co
Alyssa Lorenzo / Suzanne Byowitz
310-201-2040 / AMCP-SVC@SARDVERB.com

Worldwise
Propel Communications
Erin Terjesen
602-625-2871 / ERIN@PROPELCOMMUNICATIONS.COM

A&M CAPITAL PARTNERS | 01.24.22

A&M Capital Partners Acquires Majority Interest in The Arcticom Group

Walnut Creek, CA – The Arcticom Group (“Arcticom”), a leading provider of mission-critical mechanical services primarily focused on commercial refrigeration and HVAC systems, announced that it has sold a majority interest to A&M Capital Partners (“AMCP”), a middle-market private equity firm with a strategic association with Alvarez & Marsal and a strong track record in the facility services industry. As part of the transaction, the senior management team led by Chief Executive Officer Jim Pape will remain with the company.

Arcticom is a leading provider of mechanical services for mission-critical refrigeration and HVAC systems serving commercial clients in expanding markets throughout North America. The Company has 900 full-time employees, including over 600 trained/certified technicians experienced in all phases of mechanical services. Arcticom services a large installed base across the full lifecycle of equipment, offering maintenance and repair services, system upgrade / retrofit solutions, and new system installation services.  Based in Walnut Creek, CA, Arcticom serves its clients from regional offices throughout California, Washington, Oregon, Idaho, Alaska, Arizona, Colorado, Texas, and Western Canada. The Company services a diversified customer base of grocery and other commercial clients across 17 states and provinces.

“We are excited to partner with the management team to acquire a majority interest in Arcticom, a market leader with a well-earned reputation for providing best-in-class services to the company’s long-tenured clients,” said Jack McCarthy Jr., Managing Partner and Co-Founder of Alvarez & Marsal Capital. “Arcticom has experienced strong growth since inception, and we look forward to working with the management team to continue that success.”

“Our team has methodically sought to find the right platform in the mechanical services sector for several years, and we are thrilled to have partnered with the Arcticom team to support their next phase of growth,” said David Perskie, a Partner at AMCP.  “This transaction builds on A&M Capital’s deep history of investing in mission-critical, recession-resilient and market-leading businesses, particularly those that exist in highly-fragmented sectors which provide an opportunity to enhance geographic and end market presence as well as customer reach and service offerings through accretive acquisitions.”

“We are incredibly excited to partner with AMCP to continue to build on the strong results we have achieved to date,” said Arcticom CEO Jim Pape.  “A&M Capital shares the same culture, values and strategic vision that we have at Arcticom, and brings significant operational and financial resources that help will us execute our strategic growth initiatives while continuing to deliver the same best-in-class services to our customers.”

William Blair and DLA Piper advised Arcticom on the transaction. Kirkland & Ellis provided legal counsel to AMCP.

    Arcticom is actively seeking add-ons:

  • Focus: Commercial HVAC and refrigeration (“HVAC-R”) services
  • Specific Interest In: Service-based companies working with both Applied and Unitary HVAC and Refrigeration systems focused on commercial and industrial end markets
  • Add-On EBITDA: $1-20 million
  • Geography: North America

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 $2.5 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 $3.8 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.

A&M CAPITAL PARTNERS | 01.18.22

Novum Orthopedic Partners Forms Leading Orthopedic Platform in Texas, Backed by A&M Capital Partners

Novum Orthopedic Partners, a national leader in orthopedics and spine practice management, launched a new orthopedic practice management platform in Texas, through the completion of strategic investments in Arlington Orthopedic Associates (AOA), Abilene Sports Medicine & Orthopedics (ASMO), and Waxahachie Orthopedic and Sports Medicine on December 29, 2021, backed by A&M Capital Partners.

In conjunction with the transactions, Novum also invested in two leading surgical facilities, including the Abilene Center of Orthopedics and Multispecialty and Baylor Scott & White Orthopedic and Spine Hospital at Arlington–a joint venture between Baylor Scott & White Health, United Surgical Partners International and AOA, in which Novum has established a minority ownership position.

The Novum practices provide a full suite of musculoskeletal services, including orthopedic consultation, surgeries, pain management, full diagnostic imaging, physical therapy, and other ancillary services to patients in the Texas region. The Novum practices are led by 34 orthopedic and spine physician partners and represent over 300 employees across 12 clinics and five physical therapy sites.

Novum’s innovative business model delivers proven strategies implemented in other healthcare specialties to the field of orthopedics. Novum’s focus is delivering leading finance, operations, technology and compliance infrastructure and personnel in support of their orthopedic practice partners.

    Novum is actively seeking add-ons:

  • Specific Interest In: Physician owned orthopedic practices/ surgical centers captive to those practice & existing physician practice management platforms within the orthopedic specialty
  • Add-On EBITDA: $1-$20mm
  • Geography: United States with Southwest focus

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 $2.5 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 $3.8 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.

A&M CAPITAL PARTNERS | 01.12.22

A&M Capital Partners-Backed Worldwise Announces Transformational Acquisition of FurHaven

Headquartered in Bellingham, WA, FurHaven is a leading North American eCommerce platform for pet accessories, including bedding, home and travel supplies, apparel and more. FurHaven is also an innovator in branded product development, providing creative supply chain solutions to both eCommerce-centric businesses and omni-channel brick and mortar retailers.

The Worldwise acquisition of FurHaven will create a leading omni-channel company able to leverage multiple in-house capabilities across its entire brand and product portfolio including toys, pet beds, chews, cat, travel and other key categories. Worldwise’s growing roster of leading award-winning brands include SmartyKat®, TrustyPup®, Petlinks®, goDog®, SHERPA™, Guaranteed On-Board™, PoochPlanet®, and Pawscout™.

After the close of the transaction, FurHaven will operate under the Worldwise platform, which was acquired by AMCP in September 2021. With the addition of FurHaven, Worldwise will significantly increase the size and scale of the total business allowing it to better serve its customer base, and enter new markets and product categories. The company continues to pursue additional acquisition opportunities to grow its platform, reach and product offerings.

Worldwise is actively seeking add-ons:

  • Focus: Pet Products Space
  • Specific Interest In: Toys, chews, cat, travel, and dog beds. Second interest in businesses with ecommerce capabilities
  • Add-On EBITDA: $1-20 million
  • Geography: United States

About Alvarez & Marsal Capital
Alvarez & Marsal Capital (“AMC”) is a multi-strategy private equity investment firm with over $3 billion in total assets under management across five 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 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 $1.8 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 invests in businesses across a wide range of sectors including Industrial Products, Consumer Products and Services, Healthcare, Business Services and Government Services. Targeted sub-sectors include: Environmental Services, Facility Services, Food & Beverage, Government Services, Human Capital Management, Industrial Services, IT & BPO Services, Marketing Services, Packaging, Specialty Distribution and Transportation & Logistics. 

CONTACT US WITH OPPORTUNITIES FOR A&M CAPITAL AND WORLDWISE
Ale Amesquita
ale@a-mcapital.com
513.602.7914
Director of Business Development

A&M CAPITAL PARTNERS | 12.02.21

A&M Capital Partners is Pleased to Announce the Successful Exit of CNSI

Washington, DC – Global investment firm Carlyle (NASDAQ: CG) announced today that affiliated funds managed by Carlyle have agreed to acquire CNSI from Alvarez & Marsal Capital Partners.

CNSI provides innovative healthcare technology solutions for some of the most forward-thinking State and Federal clients. As a trusted partner to government agencies, CNSI develops, implements, operates, and maintains mission-critical systems for Medicaid, Medicare, and related health programs through its claims and encounter processing, provider enrollment, analytics, program integrity, interoperability, and other solutions.

Todd Stottlemyer, who became CEO of CNSI in 2018, will continue to lead the company. Stottlemyer has previously partnered with Carlyle as a senior executive at BDM International. “We are delighted about this opportunity to partner with Carlyle as we continue to execute exquisitely for our clients, strengthen our market leading products and solutions, and drive innovation that improves health outcomes and lowers costs,” said Stottlemyer. “Carlyle is a first-class organization, and I know from my previous experience working with them that they truly partner with their portfolio companies to help them achieve their vision and strategic growth objectives.”

“We are very excited to partner with Todd Stottlemyer and the CNSI management team. We believe CNSI is well-positioned for continued success driven by its technical leadership and proven track record of innovation and execution,” said Dayne Baird, Managing Director at Carlyle. “CNSI operates at the unique intersection of technology, healthcare and government services, and we see significant growth opportunities ahead as the company leverages its unique capabilities and continues to develop market-leading solutions.”

“It has been a fantastic partnership with the CNSI management team. Throughout our four-year investment, the team successfully leveraged CNSI’s market leading technology solutions to build a highly scalable platform for growth in the healthcare technology marketplace. We look forward to the team’s continued success as they begin their next phase of growth in partnership with Carlyle,” said Alex Nivelle, Partner at Alvarez & Marsal Capital Partners.

Baird acted as the exclusive financial advisor to CNSI in connection with the transaction.  Kirkland & Ellis LLP acted as legal advisor to CNSI. Latham & Watkins LLP acted as legal advisor to Carlyle. The transaction is expected to close in December 2021, subject to the satisfaction of customary closing conditions.

About CNSI
CNSI delivers a broad range of health information technology enterprise solutions and customizable products to a diverse base of State and Federal agencies in the United States. CNSI aligns, builds and manages innovative, high-quality, cost-effective solutions that help clients achieve their mission, enhance business performance, reduce costs and improve the health of individuals and communities. Headquartered in the United States with a major technology center in Chennai, India, CNSI employs a world-class team of technologists, program managers and subject matter experts, with large scale mission-critical information technology implementation experience.

About Carlyle Group
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $293 billion of assets under management as of September 30, 2021, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,800 people in 26 offices across five continents. Further information is available at www.carlye.com. Follow Carlyle on Twitter @OneCarlyle.

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 $1.8 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 invests in businesses across a wide range of sectors including Industrial Products, Consumer Products and Services, Healthcare, Business Services and Government Services. Targeted sub-sectors include: Environmental Services, Facility Services, Food & Beverage, Government Services, Human Capital Management, Industrial Services, IT & BPO Services, Marketing Services, Packaging, Specialty Distribution and Transportation & Logistics. 

MEDIA CONTACTS

Kelly Schlageter
(703) 214-3364
kelly.schlageter@cns-inc.com

Brittany Berliner
(212) 813-4839
brittany.berliner@carlyle.com

Ale Amesquita
ale@a-mcapital.com
513.602.7914
Director of Business Development

A&M CAPITAL PARTNERS | 11.18.21

A&M Capital Partners is Pleased to Announce GS Foods’ Acquisition of Thurston Foods, Expanding and Strengthening Operations

GS Foods Group, a leading specialized food distributor owned by affiliates of A&M Capital Partners and Highview Capital, acquired Thurston Foods, a full-service food distributor based in Wallingford, Connecticut.

Established in 1947, Thurston Foods is a family-owned full-service distributor inventorying over 7,500 items to serve diverse segments of the foodservice industry including schools, hospitals, health care facilities, restaurants and more. Thurston Foods’ current service areas include Connecticut, Massachusetts, Rhode Island, New York, New Jersey, Maine, Vermont and New Hampshire. 

With more than 50 years of industry experience, GS Foods encompasses a family of specialized foodservice companies that provide trusted food distribution and product solutions nationwide. GS Foods’ acquisition of Thurston Foods will be the Company’s largest to date, significantly expanding their footprint across the Northeastern region to provide more customers with top-notch products in end markets including education, foodservice and retail.

GS Foods is actively seeking add-ons:

  • Focus: Specialty Food Distribution and Food Manufacturing
  • Specific Interest In: K-12, Healthcare, Foodservice, Retail
  • Add-On EBITDA: $1 million + 
  • Geography: United States

About Alvarez & Marsal Capital
Alvarez & Marsal Capital (“AMC”) is a multi-strategy private equity investment firm with over $3 billion in total assets under management across five 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 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 $1.8 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 invests in businesses across a wide range of sectors including Industrial Products, Consumer Products and Services, Healthcare, Business Services and Government Services. Targeted sub-sectors include: Environmental Services, Facility Services, Food & Beverage, Government Services, Human Capital Management, Industrial Services, IT & BPO Services, Marketing Services, Packaging, Specialty Distribution and Transportation & Logistics. 

CONTACT US WITH OPPORTUNITIES FOR A&M CAPITAL AND WORLDWISE
Ale Amesquita
ale@a-mcapital.com
513.602.7914
Director of Business Development

A&M CAPITAL PARTNERS | 11.18.21

A&M Capital Partners is Pleased to Announce a New Platform Investment

Worldwise is a leading manufacturer and distributor of branded pet supplies. The Company has a highly diversified portfolio of leading brands, which includes SmartyKat®, TrustyPup®, Petlinks®, goDog®, SHERPA™, Guaranteed On-Board™, PoochPlanet®, and Pawscout™ and is a category leader in toys, cat products, beds and travel accessories.

With AMCP’s support, Worldwise will remain focused on developing new, innovative products, expanding its e-commerce capabilities and further leveraging its leading brand positions to scale the business and enter new markets and product categories. The company will also pursue additional acquisition opportunities to grow its platform, reach and product offerings, with a specific focus on toys, chews, travel and other key categories. 

Worldwise is actively seeking add-ons:

  • Focus: Pet Products Space
  • Specific Interest In: Toys, chews, cat, travel, and dog beds. Second interest in businesses with ecommerce capabilities
  • Add-On EBITDA: $1-20 million
  • Geography: United States

About Alvarez & Marsal Capital
Alvarez & Marsal Capital (“AMC”) is a multi-strategy private equity investment firm with over $3 billion in total assets under management across five 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 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 $1.8 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 invests in businesses across a wide range of sectors including Industrial Products, Consumer Products and Services, Healthcare, Business Services and Government Services. Targeted sub-sectors include: Environmental Services, Facility Services, Food & Beverage, Government Services, Human Capital Management, Industrial Services, IT & BPO Services, Marketing Services, Packaging, Specialty Distribution and Transportation & Logistics. 

CONTACT US WITH OPPORTUNITIES FOR A&M CAPITAL AND WORLDWISE
Ale Amesquita
ale@a-mcapital.com
513.602.7914
Director of Business Development

A&M CAPITAL PARTNERS | 09.23.21

Med-Metrix Secures Capital Investments From A&M Capital Partners, Hackensack Meridian Health and Existing Management in Support of Growth Initiatives Including a Merger with Miller & Milone.

Parsippany, New Jersey – Med-Metrix, LLC (“Med-Metrix”, or the “Company”), a leading provider of Revenue Cycle Management (“RCM”) and Business Intelligence (“BI”) solutions, along with subsidiaries Medi-Centrix, LLC and Physician Advisors On-Call, LLC, announced today that it has received investments from A&M Capital Partners (“AMCP”), existing strategic partner Hackensack Meridian Health (“HMH”) and senior management to support the Company’s next phase of growth. In conjunction with the transaction, Med-Metrix also merged with Miller & Milone, P.C. (“Miller & Milone”), a leading provider of healthcare denial management and other RCM related services.

“We are excited to welcome AMCP as new partners and to continue our successful multi-year strategic partnership with HMH,” said Med-Metrix Founder and CEO Joseph Davi. “We are eager to add and invest into our best-in-class, technology-enabled RCM service offerings as illustrated by our merger with Miller & Milone.”

Founded in 2010, Med-Metrix is a leading technology-enabled services platform providing RCM and BI solutions for health systems and physician groups across the United States. Med-Metrix provides RCM and BI services via the Company’s full suite of proprietary performance improvement technology. The Company serves its customers through its Med-Metrix LLC, Medi-Centrix LLC, Physician Advisor On-Call, LLC and Miller & Milone divisions.

“Med-Metrix has been a value-added partner of ours and we are excited about the opportunity to continue our strategic relationship with them going forward,” said Robert Glenning, President, Financial Services and Information Divisions and Chief Financial Officer of HMH. In connection with the transaction, Mr. Glenning has joined the board of the consolidated Company.

“The Miller & Milone team believes the merger with Med-Metrix is an outstanding business and cultural fit. The combination of our market leading offerings along with those of Med-Metrix creates truly differentiated services for our customers and will prove to be value-added for all involved,” said Christina Milone, Founder and CEO of Miller & Milone.

“Joe Davi, Rob Wright, and the long-standing management team at Med-Metrix have built a world-class RCM platform that provides the Company’s clients with a comprehensive suite of software and services that delivers superior results,” said Rob Haisch, a Partner of AMCP. “AMCP looks forward to supporting Med-Metrix’s experienced leadership with resources to continue the Company’s current growth trajectory, including through potential new customer introductions as well as through additional M&A.”

Med-Metrix was advised by VRA Partners LLC and Sills Cummis & Gross P.C. on the transaction. A&M Capital was advised by McDermott Will & Emery. Hackensack Meridian Health was advised by Raymond James.

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 and Miller & Milone divisions.

About Miller & Milone
Miller & Milone is leading healthcare RCM platform that focuses on Denial Management, Medicaid Eligibility, Financial Recovery of Accounts Receivable, Case Management/Discharge Planning, and Elder Law and Estates for major hospitals, physician practices, nursing homes and individual clients. Miller & Milone was founded in 1970 and is headquartered in Garden City, New York.

About Hackensack Meridian Health
Hackensack Meridian Health is the largest, most comprehensive and truly integrated health care network in New Jersey, offering a complete range of medical services, innovative research and life-enhancing care. Hackensack Meridian Health operates 17 hospitals and more than 500 patient care locations, which include ambulatory care centers, surgery centers, a fitness and wellness center, home health services, ambulance services, urgent care facilities, rehab centers, skilled nursing centers and physician practice locations spanning from Bergen to Atlantic counties.

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 $1.8 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 $3 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 5,400 operating professionals and employees in 65 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
Sheri DaCosta
Senior Vice President and Chief Financial Officer
sdacosta@med-metrix.com
[(201) 782-0200]

A&M CAPITAL PARTNERS | 05.12.21

ettain group, a Leading Provider of Talent Solutions, Acquires Bradford & Galt, an IT Staffing and Consulting Firm

CHARLOTTE, N.C. – ettain group, a leading provider of talent solutions, announced today that it acquired Bradford & Galt, an IT Staffing and Consulting Firm.

Founded in 1996 and headquartered in Charlotte, NC, ettain group has grown to employ nearly 5,000 professionals nationwide with twenty-one offices located in twenty key markets, and a strategic focus on Technology, Digital, Healthcare IT, Professional, and Government solutions. Since 2019, ettain has been a portfolio company of Alvarez & Marsal Capital (“A&M Capital”).

Bradford & Galt is an IT services company that provides customized project and consulting services and EMR go-live support and training. Founded in 1984 and headquartered in St. Louis with branches in Kansas City, Louisville, and Nashville, Bradford & Galt provides customer-centric staffing for clients nationwide.

“We’re thrilled to welcome such a highly respected team!” said Trent Beekman, Chief Executive Officer at ettain group. “Bradford & Galt’s client-centric approach, uncompromising integrity, talented team, and closely aligned solutions are strong complements to ettain group’s vision to deliver an unparalleled level of quality and service.”

About ettain group
ettain group is the Talent Solutions Company that delivers Recruitment Solutions and Managed Solutions in 5 practice areas: Technology, Healthcare IT, Digital, Professional, and Government. From discovery to execution, we help our clients successfully design, develop, and deliver critical technology and business initiatives, from providing individual resources, to staffing and managing programs and projects, to running entire recruitment processes. Founded in 1996, with nearly 5,000 employees and consultants currently at work, we offer opportunities across North America, with 21 offices located in 20 key markets. We are a proud recipient of ClearlyRated’s Best of Staffing Diamond Award for both Client and Talent Satisfaction for 10 consecutive years, an honor achieved by less than 1% of our industry. For more information, visit www.ettaingroup.com.

About Alvarez & Marsal Capital
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in assets under management across four funds and three 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. A&M Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making A&M Capital an attractive partner to management teams and business owners. A&M Capital is headquartered in Greenwich, CT with offices in Manhattan Beach, CA and London, England. For more information, visit www.www.a-mcapital.com.