CORDENTAL Group Announces Affiliation With Konikoff Family Dentistry, Dr. Stephen E. Konikoff, Inc.

By | News | No Comments

Cincinnati, OH, and Norfolk, VA, July, 2017 – CORDENTAL GroupTM (“CORDENTAL”), a portfolio company of New MainStream Capital (“NMS”), announced today that it has affiliated with Konikoff Family Dentistry, Dr. Stephen E. Konikoff, Inc. (“Konikoff”). Dr. Konikoff has been providing high quality dental care to the Norfolk, Virginia area since 1975. The practice has two locations, both located in Norfolk, Virginia. “We are very excited to affiliate with Dr. Konikoff and his practice,” said Dana Soper, Co-Founder and Chief Executive…

Read More

Avaap buys into micro-vertical vision for healthcare, retail customers

By | News | No Comments

A cornerstone of Infor Inc.’s business strategy is micro-verticals, a focus on industry-specific software that can provide unique solutions for a baker versus a brewer. When the enterprise software provider bought enterprise resource planning rival Lawson six years ago, it forced one system integrator, Avaap Inc., to make a risky bet that Infor’s strategy would not destroy its fledgling business.

Read More

New Mainstream Capital Announces Partnership and Investment in Omni Eye Services

By | News | No Comments

New York, NY, July 6, 2017 – New MainStream Capital (“NMS”), announced today that, in partnership with Drs. Christopher Quinn, Douglas Grayson, Burton Wisotsky and Michael Veliky, it has made a strategic investment in Omni Ophthalmic Management Consultants, LLC and its affiliates (“Omni” or “Omni Eye Services”) to provide practice management services to Omni Eye Specialists P.A. (“OES”) and, following receipt of the necessary consents and approvals, to acquire a majority interest in Essex Specialized Surgical Institute, LLC (“ESSI”). In…

Read More

Anne Arundel Dermatology Management, LLC Expands Presence in Maryland Following Partnership with New MainStream Capital

By | News | No Comments

Annapolis, MD, March 20, 2017 – Anne Arundel Dermatology Management (“ADM”), a portfolio company of New MainStream Capital (“NMS”), announced today that it has partnered with the practice of Drs. Jaffe, O’Neill and Lindgren, P.A. (“JOL”). JOL has been providing outstanding patient care in general, surgical and cosmetic dermatology services to the Bethesda, MD and Washington, D.C. area for over twenty years. Drs. Jaffe, O’Neill and Lindgren will continue to lead the Bethesda location and will now benefit from the…

Read More

Constellation Behavioral Health Announces the Addition of Hanbleceya Recovery Network to its Behavioral Healthcare Platform

By | News | No Comments

Mill Valley, CA, March 7, 2017 – Constellation Behavioral Health (”Constellation” or “CBH”) announced today that San Diego, CA based Hanbleceya Recovery Network (“Hanbleceya”) has joined its network of behavioral healthcare programs.  Together with its current facilities Alta Mira in Sausalito, CA and Bridges to Recovery in Los Angeles, Constellation now has over 90 beds serving clients with specialized treatment programs for addiction, mental health and co-occurring behavioral health disorders. Hanbleceya – a Sioux Indian word meaning “quest for vision”…

Read More

New MainStream Capital Announces Partnership with Management to Form the CORDENTAL Group

By | News | No Comments

New York, NY, March 1, 2017 – New MainStream Capital (“NMS”) announced today that it has entered into a partnership with Dana Soper and Steven Jones to form the CORDENTAL Group™ (“CORDENTAL”), a dental support organization. The business venture will capitalize on the “build-up” and dental industry expertise brought by Ms. Soper and Mr. Jones, along with the capital and know-how in the physician practice management space at NMS. NMS has committed $25 million of equity capital which, when combined…

Read More

Avaap Named Category Leader in 2017 Best in KLAS Awards for Revenue Cycle Optimization

By | News | No Comments

EDISON, NJ, Feb. 01, 2017 (GLOBE NEWSWIRE) – Avaap, among the largest systems integrators for Infor ERP and Epic EHR, today announced it was named a 2017 Category Leader for revenue cycle optimization. Avaap earned a score of 95.3, the highest in the report’s revenue cycle management category. Avaap EHR is focused on Epic software and provides clinical and revenue cycle transformation services, helping healthcare organizations leverage IT to improve clinical and financial outcomes. Avaap EHR services help increase physician…

Read More

Anne Arundel Dermatology Management, LLC Expands Presence in Maryland with Fifth Acquisition Following Partnership with New MainStream Capital, Announces New Credit Facility with Madison Capital Funding

By | News | No Comments

Annapolis, MD, January 25, 2017 – Anne Arundel Dermatology Management (“ADM”), a portfolio company of New MainStream Capital (“NMS”), announced today that it has acquired Maryland Dermatology Associates, LLC (“MDA”). Founded by Dr. Juris Germanas, MDA has been providing general, surgical and cosmetic dermatology services to the Westminster, MD area for over seven years. The practice, with locations in Westminster, Mt. Airy and Eldersburg, MD, will operate under the “Anne Arundel Dermatology” brand name. “We are excited to expand our…

Read More

New MainStream Capital Announces the Promotion of Travis Rae to Vice President

By | News | No Comments

New York, NY – January 5, 2017 – New MainStream Capital (“NMS”) announced today the promotion of Travis Rae to Vice President. Mr. Rae has been a part of the NMS team for 5 years, having joined in February 2011 as Associate and Controller. Mr. Rae is deeply involved in leading the firm’s financial reporting, tax, compliance function and investor communications, as well as assisting with due diligence activities and monitoring of portfolio investments. “Travis was our first hire following completion…

Read More

New MainStream Capital Announces the Promotion of Luis Gonzalez to Partner

By | News | No Comments

New York, NY – January 5, 2017 – New MainStream Capital (“NMS”) announced today the promotion of Luis Gonzalez to Partner. Mr. Gonzalez joined NMS in January 2016 as a Managing Director, and is involved in all aspects of the firm’s investment activities including sourcing, execution, and monitoring of investments. Prior to joining NMS, Mr. Gonzalez was a Managing Director at MBF Healthcare Partners, where he specialized in all aspects of private equity investing in healthcare services companies nationwide. “Luis…

Read More