Zywave Acquires HR360, Expanding its Suite of HR and Compliance Solutions for Insurance Brokers
Milwaukee, October 11, 2017—Today Zywave, Inc., a leading provider of software-as-a-service (SaaS) solutions for the insurance industry, announced that it has completed the acquisition of HR360, a provider of HR and benefits compliance software for brokers, payroll companies, private employer organizations (PEOs) and employers. As part of the agreement, HR360 customers will become new Zywave partners and HR360 products will become part of the Zywave product suite. Founders of HR360, Lillian Shapiro and Tom Ceconi, will join Zywave leadership to further develop HR360 and Zywave business operations.
HR360 was advised by CoView Capital, Inc. in the sale of the business.
Elucida Completes Bridge Financing
April 3, 2017 – Elucida Oncology, Inc., a diagnostic imaging and therapeutics company employing a novel ultra-small C-Dot cancer-targeting platform, has completed a bridge financing with private investors. CoView Capital acted as exclusive financial advisor and placement agent for the offering.
CoView Capital and The Channel Group Form Healthcare Advisory Alliance
Providing Strategic Advisory and Financial Services to Life Sciences, BioMedical, and Healthcare Companies
September 21, 2016 03:57 PM Eastern Daylight Time
NEW YORK–(BUSINESS WIRE)–CoView Capital, Inc. (“CoView”), an investment banking firm, and The Channel Group, LLC (“TCG”), a strategic advisory firm specializing in healthcare transactions, announced today that they have formed an alliance to jointly provide services to life sciences, biomedical, and healthcare companies. Within the alliance, CoView provides private placement, merger and acquisition, and other investment banking services supported by TCG’s team of scientific, clinical medicine, and management leaders in the healthcare industry. TCG provides strategic advisory services directed at transactions supported by CoView’s team of senior-level investment bankers with deep experience in raising capital for emerging growth companies.
“We are enthusiastic about our new alliance with CoView as it enables both organizations the ability to provide managements of healthcare companies with access to a broader range of services, particularly in obtaining capital to finance the development of their companies.”
CoView’s Principal and Managing Director, Samuel Yellin, stated, “Our main priority is to enhance the financial services we provide to companies. We are very excited about the depth of knowledge and expertise TCG provides within the healthcare sector.”
Robert Beckman, Founder and Managing Partner of TCG added, “We are enthusiastic about our new alliance with CoView as it enables both organizations the ability to provide managements of healthcare companies with access to a broader range of services, particularly in obtaining capital to finance the development of their companies.”
About CoView Capital, Inc.
CoView is a New York-based, FINRA-registered investment banking and advisory firm. The firm was founded in 1993 by senior-level professionals with deep experience in raising capital for both domestic and international companies. CoView provides an innovative approach to traditional and complex financial issues facing both growing and established companies across industrial sectors, including healthcare.
About The Channel Group, LLC
TCG, founded in 2002, provides strategic advisory support to healthcare companies that are undergoing a transition or seeking to enter into a strategic transaction. Having served as executive management in healthcare companies from startups to Fortune 500 companies, TCG partners bring an operational management perspective and significant scientific and clinical credentials to bear in delivering results-oriented strategic advisory and transactional support to investors, directors, and company management.
About the Alliance
Meet the team at CoView and TCG to discuss how we might help your company to accelerate growth and build value. Please contact us if you would like to learn more about how we can enhance your business. Bios of our team members can be found on the websites listed below.
GE Invests in Pittsburgh-based kWantera
General Electric Co. confirmed it has invested in kWantera Inc., a provider of cost-saving energy management software and services to large consumers of electricity and natural gas across the U.S. kWantera was advised by CoView Capital, Inc.
Rocla Concrete Tie, Inc. Acquired by Altus Capital Partners II, L.P.
On May 8, 2013, Altus Capital Partners, an investment firm focused on middle market manufacturing companies in the U.S., announced today the acquisition of Rocla Concrete Tie, Inc. the leading US manufacturer of pre-stressed concrete railroad ties. Altus, along with the company’s senior management team, made this investment to support Rocla’s continued participation as the leader in producing concrete ties for freight, transit and high speed rail requirements and their expansion into select foreign markets. The financial terms of the investment were not disclosed. The sellers were AH Belco S.A. a Belgian holding company and they were advised by CoView Capital, Inc.
Lyssé Ready-to-Wear Shapewear Product Line Acquired by E&A Industries Acquires
On January 22, 2013, E&A Industries, a privately held company based in Indianapolis, recently purchased Lyssé, a New York based apparel company specializing in body-slimming fashions. Terms for the deal are undisclosed. CoView Capital, Inc., an investment banking firm specializing in mergers, acquisitions, and private placements, advised Lyssé on the transaction.
Cherokee Inc. (Nasdaq: CHKE) Acquired Liz Lange Maternity® and Completely Me®
On September 4, 2013, Cherokee Inc. (NASDAQ: CHKE), a global brand management company, today announced that it has acquired the Liz Lange Maternity® and Completely Me® brands from LLM Management Co., LLC an affiliate of Bluestar Alliance, LLC for an aggregate purchase price of up to $14.0 million, inclusive of performance based earn-outs. Credited with revolutionizing modern maternity wear by providing pregnant women stylish, fashion-forward clothing, Liz Lange is one of the most recognized and respected maternity brands sold throughout North America. Cherokee Inc. is a global marketer and manager of a portfolio of Fashion and Lifestyle brands it owns and represents in multiple consumer product categories and sectors around the world. The Company has license agreements with premier retailers and manufacturers covering over 40 countries around the world. CoView Capital, Inc. initiated this transaction and acted as financial advisor to Cherokee, Inc.
Trimfit, Inc. Acquired by Strategic Partner
In June 2013, Trimfit, Inc., a designer, importer, and wholesale distributor of a wide range of socks, tights, and leggings for girls, boys, infants, and toddlers was acquired by an unnamed Strategic Partner. Founded in 1921, Trimfit markets its products primarily under its Trimfit brand to over 450 retailers for sale in over 6,000 store locations throughout the U.S. and Canada. In addition, Trimfit supplies products to a number of department and specialty stores under their private labels. CoView Capital, Inc. acted as financial advisor to Trimfit.