Entries by Mark Gartner

ClearLight Partners Acquires Leading Planet Fitness Franchisee

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NEWPORT BEACH, CA October 15, 2013 – Private equity firm ClearLight Partners announced today that it has acquired a significant ownership interest in Planet Fitness franchisee, Taymax Fitness LLC, a leading health club operator in Texas and Tennessee. Planet Fitness is the fastest- growing full size health club franchise in the U.S., and provides its members […]

Another Successful Portfolio Company Sale for ClearLight Partners

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NEWPORT 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

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Published 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

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NEWPORT 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

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NEWPORT 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

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NEWPORT 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

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ST. 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.

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ST. 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 […]