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

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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…

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

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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”…

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

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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…

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

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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…

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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

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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…

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

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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…

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New MainStream Capital Announces the Promotion of Luis Gonzalez to Partner

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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…

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Avaap Acquires Falcon Consulting, Creating a Healthcare Powerhouse in Infor and Epic Technology Services

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Largest Infor Systems Integrator Expands Consulting, Software Solutions and Implementation Services EDISON, N.J. and CHICAGO – Avaap, the largest Infor systems integrator, announced today it has acquired Falcon Consulting, LLC, a KLAS-leading Epic Systems implementation and optimization firm. With this acquisition, Avaap has put itself in the distinctive position of servicing the largest enterprise software needs for its healthcare customers. Avaap is strategically focused on Infor and helping healthcare organizations implement and maximize value in Enterprise Resource Planning (ERP) investments....
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NMS Operating Executive Council Member Bob Livonius Inducted into American Staffing Association Hall of Fame

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Following a successful career in the computer hardware and software industry, Robert Livonius discovered the staffing industry—thanks to an executive search firm that recruited him. Livonius says he quickly fell in love with the industry: “I got hooked on it because it’s all about the people.” He then spent the rest of his professional life helping to drive the industry forward and making an impact on all who worked with him.

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New MainStream Capital Announces Investment and Partnership with Avaap

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New York, NY, (June 6, 2016) – New MainStream Capital (“NMS”), announced today that, in partnership with company CEO and Founder Dhiraj Shah, it has invested in Avaap, the fastest-growing IT services and software development firm strategically focused on Infor. Avaap is a premier implementation services provider for Infor’s enterprise application software suite of on-premise and cloud solutions. NMS anticipates providing additional equity capital to support Avaap’s future growth through strategic acquisitions and expansion into new service offerings. Founded in…

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