Silver Oak Investments
 Physicians Endoscopy, LLC. Headquarters: Doylestown, Pennsylvania Web Site: www.endocenters.com Industry: Healthcare Services Acquired: April 2008 |
Physicians Endoscopy, LLC (“PE”) is a leading developer and manager of freestanding ambulatory surgery centers (“ASCs”). PE partners with physicians and hospitals and provides a comprehensive suite of billing, management and development services to its partner centers, which are located throughout the U.S. PE has a strong reputation in the market for being physician-friendly and focused on patient care.
PE is actively looking for de novo development opportunities as well as add-on investment opportunities in existing ASCs and ASC management companies. |
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 Convergent Resources, Inc. Headquarters: Atlanta, Georgia Web Site: www.cri-usa.com Industry: Business Services Acquired: June 2007 |
Convergent Resources, Inc. (CRI) is a leading provider of Accounts Receivable Management (ARM) services to a broad array of industries including healthcare, utilities, telecommunications, and financial services. CRI is one of the largest providers of specialty ARM services with over 1,700 employees in 12 locations. CRI predominantly serves a diverse mix of attractive, less volatile and less competitive ARM niches. CRI enjoys a strong reputation as a high quality ARM services provider.
CRI is actively looking for add-on acquisitions of complementary ARM businesses. |
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 VeriClaim, Inc. Headquarters: Naperville, Illinois Web Site: www.vericlaiminc.com Industry: Business Services Acquired: December 2006 |
VeriClaim, Inc, founded in 1918, is a global leader in commercial property, casualty and marine insurance adjusting, cargo surveying and recovery services. VeriClaim provides outsourced insurance claims services along three primary lines of business: commercial property claims adjusting, marine cargo claims services and claims management services. Customers include leading commercial insurance underwriters, insurance brokers and corporations. VeriClaim specializes in large, complex commercial losses for multi-national accounts.
VeriClaim is actively looking for add-on acquisitions of complementary claims services businesses. |
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Unified Investigations & Sciences, Inc. (add-on acquisition by VeriClaim, Inc.) |
Unified Investigations & Sciences, Inc. is one of the leading independent cause and origin investigation firms in the U.S. The company provides forensic engineering and investigations services and scene assessments for residential and commercial losses. Unified was founded in 1995 and is headquartered in Dallas, TX with its primary operations center in Norcross, GA. Unified has over 140 employees in 14 service centers covering 49 states. Unified serves a broad and diversified blue-chip customer base of leading insurance companies. |
Prior Funds Investments
Silver Oak’s Managing Partners, as partners of their prior funds, were lead investors in 15 Services platform companies. The following are brief descriptions of these investments.
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Education Corporation of America is the holding company of Virginia College, a leading for-profit, nationally accredited post-secondary education provider to approximately 6,000 students. Virginia College has a presence in 13 markets and the Internet. Virginia College offers diplomas, associate’s, bachelor’s and master’s degrees in a broad range of high demand disciplines, including allied health, business, information technology, arts, culinary and automotive. |
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CompuPay, Inc.
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CompuPay, Inc. is a national provider of outsourced payroll processing and related services to small businesses. The Company is currently the fourth largest provider of payroll services in the United States. CompuPay specializes in providing complete payroll processing solutions to its clients in all 50 states. |
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CDRY Holdings, Corp.
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CDRY Holdings, Corp. (ChemDry®) was the largest franchisor of carpet cleaning services in the world with 1,400 operators in the U.S. and over 400 additional operators in 45 countries around the world operating over 2,500 franchises in the US and 1,475 franchises overseas. ChemDry® was sold to The Home Depot. |
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Merit Health Systems Corp.
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Merit Health Systems Corp. (“Merit”) was established to acquire, manage and enhance under-performing acute care hospitals in large and secondary urban and suburban markets. |
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Mactec, Inc.
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Mactec, Inc. is a leading U.S. provider of engineering, environmental and construction management services to national, state and local governments and multi-national, regional and local private companies. |
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Aurum Technology, Inc.
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Aurum Technology, Inc. was a national provider of outsourced technology services to over 1,100 community banks, savings institutions and credit unions based in Plano, Texas. Products and services included core data processing services along with ancillary services, including ATM processing, network services, check processing and online banking services. Aurum was sold to Fidelity National Financial, Inc.
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Design/Craft Fabric Corp.
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Design/Craft Fabric Corp. is a leading converter of value-oriented fabrics for commercial and retail customers. The Company focuses on providing fabric to manufactured housing and recreational vehicle manufacturers and has a leading market position in these end-markets. The Company also sells into the healthcare, hospitality, pet bed and retail industries.
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ONE, Inc.
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ONE, Inc. was a national consulting firm focused on installing and implementing customer relationship management (“CRM”) solutions such as Siebel and Pivotal. These applications facilitated sales force automation, e-commerce, database management, service, support and other activities and enabled an organization to create a proprietary database of client interaction history.
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InterLink Communications Partners, LLLP.
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InterLink Communications Partners, LLLP operated cable television systems serving approximately 535,000 customers in suburban and rural communities in 15 states. InterLink was sold to Charter Communications. |
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Advantage Payroll Services, Inc.
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Advantage Payroll Services, Inc. was a national provider of outsourced payroll processing and tax filing services to small businesses. The Company processed payroll for approximately 49,000 clients through 26 company-owned offices and a network of 15 associate franchises. Advantage was sold to Paychex, Inc.
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Roadrunner Freight Systems, Inc.
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Roadrunner Freight Systems, Inc. was a non-asset, less-than-truckload (“LTL”) freight carrier focused on long-haul routes. The Company had terminals in Milwaukee, Atlanta, Nashville, Chicago, and Dallas and opened terminals in Los Angeles, Charlotte, and Cleveland. Roadrunner was sold to a financial buyer. |
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CustomMedia, LLC
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CustomMedia, LLC was a leading provider of resident newsletters for multifamily apartment operators. The Company provided a four-color, monthly newsletter for property managers to distribute to tenants in order to: improve resident retention, market to prospective tenants, improve compliance and reduce personal injury claims. The Company was founded in the late 1980s and by 1996, had grown to be the largest newsletter provider to the multifamily industry, producing more than 3 million newsletters per month and serving communities in 48 states. CustomMedia was sold to Cox Newspapers.
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ACC Corp.
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ACC Corp. was a publicly-traded, non-facilities based, switched reseller of telecommunications services in the U.S., Canada and the United Kingdom. The Company focused primarily on providing services to small to medium-sized businesses, colleges and universities, and hospitals. |
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Dynamic Hospitals, L.P.
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Dynamic Hospitals, L.P. was established to acquire and operate hospitals which were the sole or dominant providers of health care in their smaller, non-urban, community markets. Dynamic was sold to Community Health Systems. |
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Home Technology Healthcare, Inc.
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Home Technology Healthcare, Inc. (HTHC) acquired, developed and integrated comprehensive home healthcare agencies which were the dominant providers in their local markets. In addition, HTHC provided home health agency management Services. HTHC had operations in the Southeastern United States. HTHC was sold to Integrated Health Services, Inc. |
