Combines Capital and Expertise to Build Upon ettain’s Success Charlotte, NC and New York, NY, February 27, 2014 – ettain group, inc. (“ettain” or the “Company”), a national IT Staffing and IT Talent Solution company, and New MainStream Capital (“NMS”), a New York and Dallas-based private equity firm, today announced that they have entered into a partnership to support and build up on ettain’s growth strategy. In connection with the transaction, NMS will invest in ettain alongside management, and provide…
New York – January, 2014 – New MainStream Capital (“NMS”), a private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies, announced today the promotion of David Peterson to Vice President. Martin E. Chavez, Managing Partner and Co-Founder of NMS, said, “We are pleased to recognize David’s contributions to the firm and the work he has done with our portfolio of companies. His contributions have directly resulted in creating value for our investors. He is an integral part of our…
LOS ANGELES, Sept.4, 2012 – Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, today announced that it has acquired Boston-based Global Novations, LLC, a widely respected, global provider of diversity, inclusion and leadership development solutions. Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100 organizations. The acquisition increases the scale of Korn/Ferry’s Leadership and Talent Consulting business and extends the firm’s capabilities within the fast-growing market…
New York – August 3, 2011 – New MainStream Capital (“NMS”), a private investment firm specializing in strategic equity investments and leveraged buyouts of middle market companies, today announced the completion of a dividend recapitalization for MCCI Holdings, LLC (“MCCI”). Headquartered in Miami, FL, MCCI is a leading provider of medical management services to over 100,000 Medicare, Medicaid, and commercial beneficiaries in Florida and Texas. MCCI was founded in 1998 by Chairman and Chief Executive Officer Dr. Jose Armas and Dr. Eduardo Alarcon, Chief Medical Director….
TOKYO – May 30, 2011 – Pola Orbis Holdings Inc. (“Pola Orbis”), one of Japan’s leading cosmetics companies, today reached a definitive agreement to acquire H2O Plus, LLC (“H2O Plus”), a privately-held leading developer, manufacturer, and marketer of prestige, branded, marine-based natural skincare products for the face and body. Headquartered in Chicago, Illinois, H2O Plus is majority-owned by investment companies Cordova, Smart & Williams, LLC and New MainStream Capital, LLC, as well as Robert Seidl and other members of senior management. Pola Orbis aims to accelerate…
NEW YORK, NY, CORAL GABLES, FL and DALLAS, TX – May 23, 2011 – New MainStream Capital (“NMS”) and MBF Healthcare Partners, L.P. (“MBF”), today announced the merger of SunCrest Healthcare (“SunCrest”) and OMNI Home Care (“OMNI”), a portfolio company of NMS and MBF. NMS and MBF will continue to share joint ownership of the combined companies. The combination of OMNI and SunCrest creates one of the largest post-acute care providers of home health services in the Southeastern United States, with an expanded geographical footprint and…