Month: July 2021

WEST PALM BEACH, Fla., July 27, 2021 (GLOBE NEWSWIRE) — Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing an upsize to its existing Senior Secured Credit Facility (the “Financing”), totaling $103 million, to CareVet, a leading veterinary practice management group. The financing will be used to fund continued growth of the business. About CareVet: Headquartered in St Louis, MO, CareVet is a leading veterinary practice management group that focuses on managing best-in-class hospitals throughout the United States. For more information, please visit their website. About Compass Group Equity Partners: Compass Group Equity Partners is a St. Louis-based private investment firm that partners with small to medium-sized private companies that prioritize people, values, and results. The firm...

Transaction accelerates HP’s growth strategy with focus on innovating at the heart of hybrid PALO ALTO, Calif., July 27, 2021 (GLOBE NEWSWIRE) — HP Inc. today announced a definitive agreement to acquire Teradici Corporation, a global innovator in remote computing software that enables users to securely access high-performance computing from any PC, Chromebook, or tablet. The acquisition will enhance HP’s capabilities in the Personal Systems category by delivering new compute models and services tailored for hybrid work. Core remote desktop software is a large and expanding segment, projected to grow at a 17% compound annual growth rate through 20281. As hybrid work becomes the norm, 67% of the workforce is expected to work remotely at least three days a week2. “Teradici’s cutting-edge technology has long been at the forefront of...