Affiliates of Harbert Management Corporation and funds managed by Cambridge Place Investment Management LLP have acquired a majority equity interest in Dent-A-Med, Inc. Dent-A-Med, based in Springdale AR, offers private label credit card financing for consumer purchases of health care services and home health care products. Colonnade Advisors LLC represented Dent-A-Med in this transaction. Terms were not disclosed.
Harbert Management Corporation is an investment management firm serving foundations and endowments, funds of funds, pension funds, financial institutions, insurance companies, family offices and high net worth individuals across multiple asset classes, including U.S. and European real estate, venture capital, mezzanine debt, independent power, private equity and public securities. In addition to its Birmingham AL headquarters, the firm has locations in New York NY, Richmond VA, Nashville TN and London UK.
Cambridge Place Investment Management LLP (“CPIM”), founded in 2002, is a UK and US based investment management group focused on the financial services and real estate markets, with a particular emphasis on structured finance investments. At January 1, 2007, CPIM had approximately 120 employees with offices in both London UK and Boston (Concord) MA and gross assets under management of approximately $10.2 billion. Cambridge Place Investment Management LLP is authorized and regulated by the Financial Services Authority.
Founded in 1983, Dent-A-Med, Inc. (dba The HELPCard) is a specialized private label credit card company that finances home healthcare products and healthcare services provided by a nationwide network of vendors and healthcare providers.
Founded in 1999, Colonnade Advisors LLC is a boutique investment bank that provides mergers & acquisitions advisory services to companies in the business services, financial services and manufacturing sectors.