Douglas F3D Skyknight

SkyKnight Capital Closes Fund IV at $1 Billion Hard Cap

Retrieved on: 
Thursday, September 21, 2023
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SkyKnight Capital, L.P. (“SkyKnight”), is pleased to announce the final closing of SkyKnight Capital Fund IV, L.P. (“Fund IV”), with $1 billion in commitments from endowments, foundations, pensions, family offices, and institutional investors.

Key Points: 
  • SkyKnight Capital, L.P. (“SkyKnight”), is pleased to announce the final closing of SkyKnight Capital Fund IV, L.P. (“Fund IV”), with $1 billion in commitments from endowments, foundations, pensions, family offices, and institutional investors.
  • Fund IV exceeded its target and was significantly oversubscribed, with strong support from a diversified base of returning and new limited partners.
  • “We are grateful for the support of our like-minded partners and pleased to announce the closing of Fund IV, which will allow us to continue to execute our investment strategy.
  • Fund IV will aim to invest in approximately ten platform companies where SkyKnight can bring our collaborative, entrepreneurial approach to building industry-defining businesses alongside aligned management and owners,” said Managing Partner Matthew Ebbel.

GEHI Announces Acquisition of eLMTree and Divestiture of its PRC Business

Retrieved on: 
Tuesday, April 18, 2023
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It's contemplated that Best Assistant will form a Cayman Islands exempted company limited by shares ("eLMTree") as its wholly owned subsidiary and transfer the education business of NetDragon outside of the PRC to eLMTree.

Key Points: 
  • It's contemplated that Best Assistant will form a Cayman Islands exempted company limited by shares ("eLMTree") as its wholly owned subsidiary and transfer the education business of NetDragon outside of the PRC to eLMTree.
  • Pursuant to Divestiture Agreement, immediately prior to the Closing, the Company will transfer all its education business in China to the Divestiture Purchaser (the "Divestiture") at a consideration of US$15 million (the "Divestiture Consideration").
  • Upon completion of the Divestiture, the Company will cease to operate any education business in China.
  • eLMTree is expected to comprise the non-PRC education business operated by NetDragon, including through the following subsidiaries (i) Promethean World Limited ("Promethean"); (ii) Edmodo, LLC.

SkyKnight Capital Launches FirstCall Mechanical Group with the Acquisitions of STR Mechanical, Technical Services, TimCo Heating and Air, and Jax Services

Retrieved on: 
Thursday, February 9, 2023
Home Goods, Construction & Property, Finance, HVAC, Building Systems, Professional Services, Manufacturing, Retail, TIMCO, Refrigeration, Atmosphere of Earth, University, Philosophy, Family, Partnership, AvCraft Technical Services, Douglas F3D Skyknight, Heat, Management

Headquartered in Austin, Texas, FirstCall is a leading commercial services platform providing preventative maintenance programs and re-occurring pull through services to a diverse base of blue-chip commercial and industrial customers across the Southeast.

Key Points: 
  • Headquartered in Austin, Texas, FirstCall is a leading commercial services platform providing preventative maintenance programs and re-occurring pull through services to a diverse base of blue-chip commercial and industrial customers across the Southeast.
  • FirstCall believes in the power of local ownership and branch operations, while bringing the resources and back-office support of a larger, national organization.
  • To date, FirstCall has welcomed four leading regional operations to the platform: STR Mechanical in the Carolinas, Technical Services in Virginia, TimCo Heating and Air in Georgia, and the services assets of JAX Refrigeration in Florida.
  • Evan Eachus, FirstCall’s Founder and CEO said, “I am thrilled to be launching FirstCall Mechanical in partnership with SkyKnight.

Oxford Finance Closes $115 Million Credit Facility With Pearl Street Dental Partners

Retrieved on: 
Wednesday, November 16, 2022
Professional Services, Health, Practice Management, Other Health, Dental, Finance, Dentistry, Investment, Oxford, Douglas F3D Skyknight, Partnership, Entrepreneurship, Pension, Health care, Acquisition, Pearl Street, Growth, Dentist, Finance, Patient, Health, Healthcare, Financial services

Oxford Finance LLC ("Oxford"), a leading specialty finance firm focused on healthcare services and life sciences companies worldwide, today announced the closing of a $115 million senior credit facility to Pearl Street Dental Partners ("Pearl Street" or "the Company"), a fast-growing dental platform owned by SkyKnight Capital ("SkyKnight"), dentists, and management.

Key Points: 
  • Oxford Finance LLC ("Oxford"), a leading specialty finance firm focused on healthcare services and life sciences companies worldwide, today announced the closing of a $115 million senior credit facility to Pearl Street Dental Partners ("Pearl Street" or "the Company"), a fast-growing dental platform owned by SkyKnight Capital ("SkyKnight"), dentists, and management.
  • With 32 partner practices and over 350 employees, Pearl Street is a leader in Texas and Oklahoma.
  • "Pearl Street Dental Partners has developed a strong growth platform with a lengthy track record of successful new partner integrations," said Tracy S. Maziek, Head of Healthcare services at Oxford Finance.
  • Headquartered in Dallas, Texas, Pearl Street is a dental practice management company partnering with dental practices throughout Texas and Oklahoma.

SkyKnight Capital Invests alongside Dentist Partners, Management, and Talisker in Pearl Street Dental Partners

Retrieved on: 
Wednesday, October 5, 2022
Professional Services, Health, Dental, Finance, Holland & Knight, Dentist, Culture, Growth, Douglas F3D Skyknight, Family, Patient, Pension, Pearl Street, Entrepreneurship, Investment, Partnership, Technology, Goal, Talisker, DLA Piper, Company, CEO, Health, BRG, Dentistry, Foundation, Architecture

SkyKnight Capital, L.P. (SkyKnight), a private equity firm with a track record of building market-leading businesses alongside exceptional entrepreneurs and employee shareholders, announced that it has invested in Pearl Street Dental Partners (Pearl Street or the Company).

Key Points: 
  • SkyKnight Capital, L.P. (SkyKnight), a private equity firm with a track record of building market-leading businesses alongside exceptional entrepreneurs and employee shareholders, announced that it has invested in Pearl Street Dental Partners (Pearl Street or the Company).
  • Pearl Streets Co-Founders, David Meece and Dr. Robby Jennings, dentist shareholders, and the Company's existing investor, Talisker Partners (Talisker), will remain significant shareholders alongside SkyKnight.
  • Headquartered in Dallas, Texas, Pearl Street is a dental practice management company partnering with dental practices throughout Texas and Oklahoma.
  • Pearl Street is steadfast in its commitment to preserving provider autonomy while cultivating a family culture and community amongst its partners.

NearU Partners with Freeman Spogli & Co. for Next Phase of Growth

Retrieved on: 
Wednesday, August 17, 2022
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Charlotte, NC, Aug. 17, 2022 (GLOBE NEWSWIRE) -- NearU Services (NearU or the Company), a founder-led premier home services platform company, today announced its partnership with Freeman Spogli & Co. (Freeman Spogli), a leading strategic growth investor in the consumer services industry.

Key Points: 
  • Charlotte, NC, Aug. 17, 2022 (GLOBE NEWSWIRE) -- NearU Services (NearU or the Company), a founder-led premier home services platform company, today announced its partnership with Freeman Spogli & Co. (Freeman Spogli), a leading strategic growth investor in the consumer services industry.
  • NearUs Founder and CEO, Ashish Achlerkar, and the Companys existing investor, SkyKnight Capital, L.P. (SkyKnight), will remain significant shareholders alongside Freeman Spogli.
  • NearUs existing management team will continue to lead the Company as it embarks on its next phase of growth.
  • Freeman Spogli is currently making investments from FS Equity Partners VIII, L.P. and has offices in Los Angeles and New York.

SkyKnight Joins Novata General Partner Advisory Committee to Advance ESG in Private Markets

Retrieved on: 
Tuesday, July 12, 2022
Finance, Socially Responsible Investing, Environmental, Social and Governance (ESG), Professional Services, Asset Management, Technology, Benchmarking, Foundation (nonprofit), Foundation, GP, Ford Foundation, Douglas F3D Skyknight, COO, ESG, Data collection, S&P Global, Omidyar Network, Investment, Capitalism, Pension, Partnership, Cryptocurrency, Lithium, Eupithecia novata

SkyKnight Capital, L.P. (SkyKnight), a private equity firm with a track record of partnering with founder-led businesses alongside exceptional entrepreneurs and aligned employee shareholders, today announced that it has joined Novatas General Partner (GP) Advisory Committee.

Key Points: 
  • SkyKnight Capital, L.P. (SkyKnight), a private equity firm with a track record of partnering with founder-led businesses alongside exceptional entrepreneurs and aligned employee shareholders, today announced that it has joined Novatas General Partner (GP) Advisory Committee.
  • The Novata GP Advisory Committee , a group of the worlds leading private investment firms committed to ESG, provides critical guidance and recommendations to the Novata ecosystem on a range of ESG issues, including effective ESG measurement and benchmarking tools.
  • SkyKnight is aligned with Novata in its mission to advance ESG data collection in the private markets.
  • We are excited to be a part of the Novata GP Advisory Committee, which we view as a true thought leader in ESG for private equity.

Harris Williams Advises Dermatologists of Central States on its Partnership with SkyKnight Capital

Retrieved on: 
Thursday, June 2, 2022
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Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Dermatologists of Central States (DOCS), a portfolio company of Sheridan Capital Partners (Sheridan), on its partnership with SkyKnight Capital (SkyKnight).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Dermatologists of Central States (DOCS), a portfolio company of Sheridan Capital Partners (Sheridan), on its partnership with SkyKnight Capital (SkyKnight).
  • The transaction was led by Paul Hepper , Geoff Smith , Charles Busch and Teddy Reeve of the Harris Williams Healthcare & Life Sciences (HCLS) Group .
  • For more information on the HCLS Group and other recent transactions, visit the HCLS Groups section of the Harris Williams website.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

SkyKnight Capital Invests alongside Physician Partners and Management in DOCS Dermatology

Retrieved on: 
Wednesday, June 1, 2022
Finance, Banking, Other Health, Health, Professional Services, Company, Ownership, Pathology, CEO, Partnership, Practitioner, Investment, Dermatology, Physician, Avalere Health, Health, McGuireWoods, Patient, Technology, Pension, William Blair & Company, Foundation, Industry, Holland & Knight, Douglas F3D Skyknight, Culture, Surgeon, Hospital

SkyKnight Capital, L.P. (SkyKnight), a private equity firm with a track record of building market-leading businesses alongside exceptional entrepreneurs and aligned employee shareholders, announced that it has invested in DOCS Dermatology (DOCS or the Company).

Key Points: 
  • SkyKnight Capital, L.P. (SkyKnight), a private equity firm with a track record of building market-leading businesses alongside exceptional entrepreneurs and aligned employee shareholders, announced that it has invested in DOCS Dermatology (DOCS or the Company).
  • We are proud and excited to partner with SkyKnight as DOCS continues building a market leading dermatology services platform, said CEO John Macke.
  • We are honored to partner with management and the entire DOCS organization to accelerate the Companys development, said Matthew Ebbel, Managing Partner at SkyKnight Capital.
  • Headquartered in Cincinnati, Ohio, DOCS Dermatology (Dermatologists of Central States) is a dermatology practice management company serving dermatology clinics throughout Ohio, Michigan, West Virginia, Illinois, Indiana, Pennsylvania, and North Carolina.

New Republic Partners Receives Significant Investment from SkyKnight Capital to Continue Building a New Leader in Wealth Management

Retrieved on: 
Thursday, January 20, 2022
Finance, Banking, Foundation, Professional Services, Philanthropy, Technology, Humphrey, Health, Holland & Knight, Foundation, Pension, Growth, Partner, CEO, National Advisory Committee on Institutional Quality and Integrity, LLP, Solution, Brooks, Douglas F3D Skyknight, View, Industry, Multimedia, Wickersham, McLendon, Partnership, Investment, Financial services, Bank

SkyKnights growth investment, which closed at the end of 2021, builds on the exceptional momentum of New Republic Partners.

Key Points: 
  • SkyKnights growth investment, which closed at the end of 2021, builds on the exceptional momentum of New Republic Partners.
  • Creative lending solutions have a powerful role to play in a comprehensive wealth management strategy, said Ralph Strayhorn, chairman of New Republic Partners.
  • New Republic Partners is an innovative investment and wealth management platform that aims to empower entrepreneurs, executives, and families to invest like a sophisticated multi-billion-dollar family office, said Claude Burton, partner at SkyKnight.
  • New Republic Partners is an innovative investment management and wealth advisory firm serving successful individuals and families, endowments, foundations, and advisors who serve accredited investors.