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Another Successful Portfolio Company Sale for ClearLight Partners
/in NewsNEWPORT BEACH, CA July 10, 2013 – ClearLight Partners, LLC has sold The Outsource Group, Inc. (“TOG”) to Parallon Business Solutions, LLC a wholly-owned subsidiary of HCA Holdings, Inc. (NYSE: HCA). Terms were not disclosed. Headquartered in St. Louis, Missouri, TOG provides revenue cycle management services to more than 160 hospital clients and physician practices across […]
ClearLight Gets $300M for New Fund
/in NewsPublished in the November 30, 2012 edition of the Orange County Business Journal. http://www.ocbj.com/news/2012/nov/30/clearlight-gets-300m-new-fund/
ClearLight Partners II, LLC Acquires Consumer Safety Technology
/in NewsNEWPORT BEACH, CA June 25, 2012 – Private equity firm ClearLight Partners announced today that it has acquired a significant ownership interest in Consumer Safety Technology, LLC, manufacturer of the state-of-the-art Intoxalock® breath alcohol monitoring devices. Commonly used by DUI offenders in order to retain driving privileges, Consumer Safety Technology’s core ignition interlock products prevent […]
ClearLight Partners, LLC Announces Sale of Switchcraft to HEICO
/in NewsNEWPORT BEACH, CA December, 2011 – ClearLight Partners, LLC recently completed the sale of Switchcraft, a designer and manufacturer of high-performance electronic connectors, to HEICO Corporation, a public-traded company with headquarters in Florida that is focused on the aviation, defense, space, medical, telecommunication and electronic industries. ClearLight originally invested in Switchcraft in March 2005, and […]
ClearLight Partners II, LLC Acquires Evriholder
/in NewsNEWPORT BEACH, CA September 12, 2011 – Private equity firm ClearLight Partners announced today that it has acquired an ownership interest in Evriholder Products, LLC, the leading provider of “impulse” purchase housewares. Evriholder’s extensive product portfolio spans the Storage & Organization, Cleaning, Bath & Personal Care, Barware, and Kitchen categories. Evriholder will use the investment […]
The Outsource Group CEO, Michael A. DiMarco, Named Ernst & Young Entrepreneur Of The Year® 2011 Central Midwest Award Winner Award Recognizes Entrepreneurial Excellence in Health Care Services Category
/in NewsST. LOUIS – The Outsource Group, a leading health care revenue cycle management firm, today announced that Michael A. DiMarco, CEO, received the Ernst & Young Entrepreneur Of The Year® 2011 Central Midwest Award in the Health Care Services category. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who demonstrate excellence and […]
The Outsource Group Expands Its Medicaid Eligibility Services Through Acquisition of Medstandard, Inc.
/in NewsST. LOUIS, MO September 9, 2009 — The Outsource Group, the nation’s leading healthcare receivables management firm, announced today the expansion of its Medicaid eligibility and patient financial counseling services through the acquisition of Medstandard, Inc. Medstandard is a prominent provider of patient screening and Medicaid eligibility services based in Houston, Texas. Medstandard’s on-site screening services […]
ClearLight Partners, LLC Announces Award for Sale of U.S. Education
/in NewsNEWPORT BEACH, CA – ClearLight Partners is proud to announce that the Orange County chapter of the Association for Corporate Growth (ACG) presented its annual Spotlight Award to U. S. Education, a former ClearLight portfolio company. The award was given in recognition of ClearLight’s successful sale of U. S. Education to DeVry in a $290 […]
ClearLight Partners, LLC Announces Sale of U.S. Education to DeVry
/in NewsNEWPORT BEACH, CA September 18, 2008 – Private equity firm ClearLight Partners announced today that it has completed the sale of its portfolio company U.S. Education to DeVry Inc. in a transaction valued at $290 million. U.S. Education was formed to acquire, develop, and grow private career colleges throughout the Western United States. ClearLight Partners […]
The Outsource Group Acquires California Healthcare ARM Firm
/in NewsST. LOUIS, MO January 31, 2008 – The Outsource Group (TOG), a leader in healthcare receivables management, announced today that it has acquired J.J. Mac Intyre Co., Inc., a leading provider of healthcare collections and receivables management. J.J. Mac Intyre, headquartered in Corona, CA with additional offices in Tracy, CA, serves hospitals and healthcare providers throughout […]