M&A Deal Summary

New Capital Partners Acquires Collect Rx

On June 27, 2018, private equity firm New Capital Partners acquired business services company Collect Rx

Acquisition Highlights
  • This is New Capital Partners’ 1st transaction in the Business Services sector.
  • This is New Capital Partners’ 10th transaction in the United States.
  • This is New Capital Partners’ 1st transaction in Maryland.

M&A Deal Summary
Date 2018-06-27
Target Collect Rx
Sector Business Services
Buyer(s) New Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Berkery, Noyes & Co. (Financial)

Target

Collect Rx

Bethesda, Maryland, United States
Collect Rx is a specialty revenue cycle management (RCM) company focused on complex claims and maximizing provider reimbursement. Collect Rx was founded in 2006 and is based in Bethesda, Maryland.

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Buyer(S) 1

Buyer

New Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2001
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

New Capital Partners is a private equity firm focused on investing in high-growth companies. The Firm has a preference for Southeast US-based companies looks to acquire and/or partner with businesses and management teams who are seeking to build sustainable companies. Sectors of interest include healthcare services, healthcare IT, financial services, financial technology, and business services. New Capital Partners was established in 2001 and is based in Birmingham, Alabama.

DEAL STATS #
Overall 10 of 16
Sector (Business Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 3
State (Maryland) 1 of 1
Country (United States) 10 of 15
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 Volly

Woburn, Massachusetts, United States

Volly is a provider of marketing automation and cloud-based CRM solutions for mortgage companies and banks including one of the top three retail lenders in the nation. Its flagship solution, CustomerManager, is an enterprise-wide, Software-as-a-Service platform that combines lead management, email and direct mail campaigns with a 360-degree view of each loan officer's customers, partners, and prospects. Volly was founded in 2004 and is based in Woburn, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 ACES Quality Management

Denver, Colorado, United States

ACES Quality Management engages in web-based quality assurance software for the financial services industry. ARMCO provides a wide range of mortgage quality control (QC), compliance and transaction risk management technologies. ARMCO product line includes loan quality enterprise software, services, data and analytics, and their flagship product, ACES Audit Technology, is used at virtually every point in the mortgage life cycle, setting the industry standard for user definability. ACES Quality Management is based in Denver, Colorado.

Buy -
Mergr

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