News

Seaport Capital, a New York-based private equity firm, announced today that Andrew J. Meyers has rejoined the firm as a Partner, effective May 1.

Puerto Ricans at the forefront

The combined firms will support nearly $690 billion in platform assets and over 2.5 million investor accounts.

Teamworks announced today the closing of a $15.3 million Series B round of financing.

Keg Logistics, a Seaport Capital portfolio company,  announced its acquisition of Nashville, Tennessee based Keg Credit, combining two of the leading keg providers in the rapidly growing U.S. craft brewing industry.

Acquisition of East Bay broadband provider will leverage and extend its innovative, community-minded focus

Seaport Capital Partners (“Seaport”) today announced that it has successfully closed Seaport Capital Partners V (“Fund V”), a $230 million private equity fund.  Fund V was meaningfully oversubscribed, surpassing both its target and hard cap.

DENVER, CO and NEW YORK, NY – Private equity firm Seaport Capital (“Seaport”) announced today that it has acquired Keg Logistics LLC (“Keg Logistics” or “the Company”), an outsourced keg management provider that services local, regional and national craft breweries in the U.S., Canada and U.K.  The existing management team and Bregal Sagemount, the prior majority owner of the business, reinvested alongside Seaport in the transaction.  The Keg Logistics management team will continue to lead the Company.  Terms of the transaction were not disclosed.

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.

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.