We are pleased to announce that MemberHealth, Inc., a national Medicare Part D prescription drug plan sponsor and a leading provider of Prescription Benefit Management services, has completed a $25 Million investment by New York-based Welsh, Carson, Anderson & Stowe (“WCAS”).
Deal expected to augment Microsoft's investments in voice over Internet protocol technology, opens opportunities to bring additional powerful customer solutions to MSN Messenger and other MSN services.
Viant Group advised Emerald Health Network, a premier Ohio based Preferred Provider Organization, in its merger with Interplan Health Group, a health services and medical cost containment company offering Preferred Provider Organization and Exclusive Provider Organization plans.
Viant Announces that Hometown Commercial Capital, an innovator in lending solutions for commercial real estate borrowers and investors, has completed its financing led by Belvedere Capital Partners. California-based Belvedere is the lead investor in the new firm along with participation from management and other investors.
Based in San Diego, Calif., Urchin is a web site analytics solution used by web site owners and marketers to better understand their users' experiences, optimize content and track marketing performance. Urchin tools are available as a hosted service, a software product and through large web hosting providers. These products are used by thousands of popular sites on the Internet.
Viant Capital LLC today announced that it has completed the sale of its client Grand Floor Designs (“Grand”) to The Home Depot, Inc. (NYSE:HD). Based in Roseville, Calif., Grand Floor Designs is a leading provider of home finishing products and installation services, including flooring products, tile and window coverings, for the single-family new construction industry in Northern and Central California and Northern Nevada. Grand Floor Designs was founded in 1990 by Jeff Anderson and Greg Grant and serves leading local, regional and national home builders.
Packeteer®, Inc. (NASDAQ: PKTR), the pioneer and global leader in WAN Application Traffic Management, today announced that it has acquired privately held Mentat Inc. of Los Angeles, Calif. Mentat is a technology leader in protocol acceleration technologies and transparent proxies providing high-performance networking solutions for satellite and high-latency network links.
CareMedic Systems, Inc., a leading provider of revenue cycle automation solutions for healthcare facilities, today announced a $19.85 million investment in a Series E Preferred stock financing led by Oak Investment Partners XI, Limited Partnership. Also participating in the financing were existing investors, CB Health Ventures, LLC, PreCor Venture Holdings, LLC and certain members of CareMedic's management.
Viant Group today announced that Yahoo acquired Oddpost for an undisclosed amount. Viant Group represented Oddpost in the transaction. Oddpost is based in San Francisco and is a software company that developed and operates a Web-based e-mail service that works much like a desktop application.