Posts Categorized: Portfolio News

WORKWELL PREVENTION AND CARE ANNOUNCES LIZ GRIGGS TO TAKE NEW OPPORTUNITY, NAMES GEORGE VIETH CEO

SAN DIEGO, CA – NOVEMBER 5, 2015 – WorkWell Prevention and Care (WWPC) today announced that CEO Liz Griggs has decided to join a new healthcare and technology private equity backed acquisition platform. Effective immediately, George Vieth, a Director of WWPC, will assume the role of CEO. Ms. Griggs will remain actively involved with the…
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CerviLenz Reborn as Lucina Health, Uses IT System to Prevent Preterm Births

By Brian Gormley September 24, 2015 Dow Jones VentureWire  To read the entire article, click here.  VentureWire subscription required. Amid a jump in investment in reproductive-health technologies, CerviLenz Inc. has restructured as Lucina Health to provide a broader solution to the problem of preterm births. The company originally focused on a measurement tool to determine…
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Cybera Announces Strategic Investment from Sumeru Equity Partners; Appoints Andrew Lev as CEO

Investment Accelerates Growth of Leader in Secure Virtual Application Networks NASHVILLE, Tenn., Sept. 16, 2015 — Cybera, a leading provider of secure virtual application networks, today announced that Sumeru Equity Partners (“SEP”) —along with existing investor Adams Street and company management—has made a strategic investment in the company in support of its growth and product…
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NextImage Medical and WorkWell Become “WorkWell Prevention & Care”

Leaders in Workers’ Compensation Cost Containment and Workplace Injury Prevention Relaunch to Better Reflect Broadened Service Offering SAN DIEGO, CA — April 28, 2015 — NextImage Medical, Inc., a leading provider of cost containment solutions to employers and Workers’ compensation payors, today announced that it has relaunched as WorkWell Prevention & Care (WWPC). The newly…
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meQuilibrium Raises $9 Million Series B Financing

Resilience training platform offers approaches to beat stress
 and build resilience for large companies and their employees Wayne, PA and Boston, MA, April 16, 2015 – meQuilibrium, an online platform that beats stress, builds resilience and promotes healthy behavior, announced that it raised a $9 million Series B financing round led by Safeguard Scientifics (NYSE:SFE) with…
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Dr. Richard Vance Named CEO at Foundation Radiology

Foundation Radiology Group, one of the nation’s largest providers of radiology services to hospitals, has capped a year of growth in 2014 by appointing Dr. Richard Vance as Chief Executive Officer and board member. The Pittsburgh Business Times covered the news here. Vance Named CEO at Foundation Radiology Group By Patty Tascarella, Pittsburgh Business Times               …
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Momentum and Chrysalis Ventures-backed IBBS Receive FCC Approval for Merger

Momentum and IBBS Receive FCC Approval for Merger Leading OSS and wholesale VoIP providers finalize merger Birmingham, AL and Atlanta, GA — March 11, 2014 — Momentum and IBBS (Integrated Broadband Services), the top two providers of private label voice services and broadband management/OSS solutions, have announced today that the previously announced merger between the…
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NextImage Medical Acquires WorkWell, Inc.

NextImage Medical Acquires WorkWell, Inc. Deal Enables NextImage to Offer Workers’ Compensation Payers Exceptional Physical Therapy Services and Technology SAN DIEGO, CA (March 11, 2014) –  NextImage Medical (NextImage), a leading provider of specialized cost containment services to the workers’ compensation industry, today announced that it has completed the purchase of WorkWell, Inc. (WorkWell).  The…
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Snow Phipps Acquires HCTec, Subsidiary of HCCA

This quarter we are pleased to announce HCTec, the subsidiary of HCCA, one of our fastest-growing portfolio companies has been acquired by Snow Phipps. We sit down with Chrysalis Chairman David A. Jones, Jr., who’s on the Board of HCCA to discuss what this means for the former parent and Chrysalis portfolio company. What’s the…
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A Healthcare Priority: Q&A with Connecture’s CEO, Doug Schneider

A survey conducted on January 3-9th by the Kaiser Family Foundation, Robert Wood Johnson Foundation and the Harvard School of Public Health, respondents identified the top healthcare priorities.  The survey found that 55% said creating an insurance exchange should top the list of healthcare priorities for state officials. Health insurance exchanges have been a hot…
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