Seaport News


Quatris Health Announces Acquisition of HealthSystems

• Posted in Seaport News

BEDFORD, TX – March 1, 2017 – Quatris Health (“Quatris”), a provider of specialized healthcare software and database solutions, as well as hosting, software maintenance and support services for small and medium sized physician practices, announced today that it has acquired Atlanta based HealthSystems.  Quatris, a portfolio company of Seaport Capital, is the largest indirect channel provider of services, products and software maintenance for GE Healthcare’s Centricity Practice Solution to small and medium sized physician practices. The senior HealthSystems management team, Maurice Rosenbaum and Larry Stoumen, invested in the transaction and will remain with Quatris going forward. Terms of the transaction were not disclosed.

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Seaport Capital Portfolio Company FTJ FundChoice Completes Second Recapitalization with Madison Capital Funding

• Posted in Seaport News

HEBRON, KY – February 27, 2017 – FTJ FundChoice, a Seaport Capital portfolio company, announced today that it has completed a successful recapitalization with Madison Capital Funding (“Madison Capital”).  The recapitalization is the second debt financing the company has completed in the last two years with Madison Capital and was made possible by the company’s rapid growth in recent years.  The proceeds of the recapitalization were used to support the Company's continued growth and fund a cash distribution to equity holders.

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Seaport Capital Announces Sale of Logicworks

• Posted in Seaport News

Seaport Capital (“Seaport”), a private equity firm focused on investments in communications, information and business services companies, announced the sale of its portfolio company, Logicworks, to Pamplona Capital Management (“Pamplona”).  Located in New York City, Logicworks is a leading provider of cloud automation and managed services for Amazon’s public cloud, Amazon Web Services (“AWS”).  Through its Managed AWS (“mAWS”) offering and Private Cloud, Logicworks provides its clients not only with IT infrastructure and services to house their data, but also with access to highly qualified IT professionals that would otherwise be unavailable cost-effectively.

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Seaport Capital Acquires Fiber-to-the-Home Provider iTV-3

• Posted in Seaport News

Seaport backs CountryWide Broadband management team in acquisition of Peoria, IL fiber network

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Quatris Receives Strategic Investment from Seaport Capital

• Posted in Seaport News

BEDFORD, TX and NEW YORK, NY - Quatris, LLC (“Quatris”), a provider of specialized healthcare software and database solutions, as well as hosting, software maintenance and support services for small and medium sized physician practices, announced today that it has secured a strategic investment from Seaport Capital (“Seaport”), a middle-market private equity firm. The existing management team invested in the transaction alongside Seaport and will continue to lead the company going forward. Terms of the transaction were not disclosed

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St. Louis-based CountryWide Broadband, Inc. to Acquire iTV-3 Cable Business

• Posted in Seaport News

CountryWide Broadband (CWB) today announced that iTV-3, LLC, a company wholly owned by CWB and Seaport Capital of New York, has entered into a definitive agreement to acquire the assets of iTV-3 Inc., a gigabyte, all fiber-to-the-premises system serving Peoria, Champaign, Urbana and other communities in Central Illinois.  iTV-3 Inc. is a wholly owned subsidiary of Highland Ventures, Ltd.  CWB anticipates closing the acquisition in the second quarter of 2016, after regulatory and franchise approvals are received.

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B Media Group Completes Acquisition of Showtime Outdoor Media and Financing with Crestline Specialty Lending

• Posted in Seaport News

NEW YORK, NY. – December 23, 2015 – Seaport Capital Partners ("Seaport") announced today that B Media Group (the “Company”), a Seaport portfolio company, has completed the acquisition of Showtime Outdoor Media, a billboard operator on Puerto Rico.  Crestline Specialty Lending led the debt financing, which included a new term loan and a revolving credit facility, to finance the acquisition.  The proceeds of the debt financing were used to fund the purchase of Showtime, refinance outstanding debt, support the Company’s continued growth, and for other corporate purposes.

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Municipal Communications Completes a Second Sale of Tower Assets to SBA Communications

• Posted in Seaport News

ATLANTA, GA. – December 10, 2015 – Municipal Communications (“Municipal”) announced today that it has completed the sale of an undisclosed number of cellular towers to SBA Communications.  The proceeds from the transaction will be used to support Municipal’s growth as it continues to develop wireless facilities across the United States.

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Cologix To Acquire New Jersey Data Center Company Net Access

• Posted in Seaport News

Cologix’s 10th acquisition adds new market and significant scale to rapidly growing North American platform.

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Municipal Communications Completes Sale of Certain Tower Assets to SBA Communications

• Posted in Seaport News

ATLANTA, GA. – April 21, 2015 – Municipal Communications (“Municipal” or the “Company”) announced today that it has completed the sale of an undisclosed number of cellular towers to SBA Communications.  The proceeds from the transaction will be used to support the continued growth of Municipal as it continues to develop cellular towers for wireless carriers across the United States.

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