Accel-KKR has acquired ResiDex Software, according to a news release.
ResiDex, founded in 2000 and based in Minneapolis, Minnesota, is an electronic health record software platform for assisted living and senior care providers.
Accel-KKR, based in Menlo Park, California, is a technology-focused investment firm. The firm pursues middle-market companies and provides a…
On February 1, 2025, the Trump Administration imposed long-expected tariffs on imports from Canada, Mexico, and China through the issuance of three executive orders (“EOs”). While some recent reporting suggested that implementation of these tariffs may be delayed to March 1, 2025, the White House confirmed on January 31, 2025 that these tariffs would be implemented according to a previously-set deadline. However, following a flurry of threats of counter-tariffs and phone calls between President Trump and his counterparts in Canada and Mexico, on February 3, 2025, the leaders of Canada and Mexico confirmed that the United States will delay tariffs for a month while both countries work towards more long-term agreements. The tariff imposed on China went into effect on February 4.
On January 10, 2025, in the waning days of the Biden Administration, the Consumer Financial Protection Bureau issued a Request for Information Regarding the Collection, Use, and Monetization of Consumer Payment and Other Personal Financial Data. The Request signals the Bureau’s strong concern with the ways financial institutions, and particularly new financial tools like widespread use of mobile banking, collect and use sensitive consumer-financial data. The Request was motivated by the results from the data that the Bureau collected in developing its Personal Financial Data Rights Rule, finding that “actual business practices show significant deviation from longstanding consumer expectations when it comes to the collection, use, and monetization of data harvested from payment transactions.” Among the Bureau’s chief concerns was consumers’ general ignorance about financial data that Americans believe “is kept private just because it is sensitive.” On the contrary, the Bureau found that not only is consumers’ sensitive financial information monetized, but also that it is commingled with consumer attributes like geographic location, social-media habits, and even individual voices. Such advancements, the Bureau worries, could lead to “dynamic pricing algorithms” that show different pricing for different users, based on their harvested personal data.
By Kevin Madagan
Latticework Capital Management (LCM) and Edgehill Management have completed a strategic investment in Life Science Connect (LSC), according to a news release.
LSC, founded in 2014 and based in Pittsburgh, Pennsylvania, is a life science digital media company.
LCM, founded in 2015 and based in Dallas, makes control equity investments…
Out of the blue, D.C. healthcare regulators informed Hero Practice Services that its two dental practices needed a “certificate of need.” The lengthy, stringent process to secure one would have hamstrung the practices, which served 50% Medicaid patients. Hero’s general counsel Eleanor Kasper and her team worked with the D.C. council to update the…
Gainline Capital Partners has announced its acquisition of M&M International.
M&M, founded in 1993 and based in South Plainfield, New Jersey, manufactures stainless steel tubing primarily for medical devices.
Gainline, founded in 2015 and based in Stamford, Connecticut, is a private equity firm that invests in U.S.-based middle market companies. The firm generally pursues control-oriented…
The Federal Communications Commission (FCC) announced on Jan. 24, 2025, that its highly anticipated one-to-one consent rule was postponed by at least one year. This is big news for companies that were gearing up for the implementation of the rule, which would have significantly altered the requirements for obtaining consent to place calls or text…
As he enters his second week in office, President Donald Trump is forecasting a desire to implement a muscular trade policy leaning heavily on the imposition of tariffs—potentially on a global basis—as a means of extracting favorable trade deals and other economic and political concessions from trading partners across the globe. As of this writing, much remains uncertain with respect to tariff implementation. What is clear is that President Trump’s tariff-related warnings have commercial and political parties around the world on edge.
Revelstoke Capital Partners has announced a strategic investment in Omega Systems.
Omega, founded in 2002 and based in Reading, Pennsylvania, is a provider of managed information technology and cybersecurity services and serves customers in healthcare and other industries.
Revelstoke, founded in 2013 and based in Denver, focuses on investing in the healthcare and…
Here we go again – another CTA update hot off the press.
