2012 was a very pivotal and exciting year for our firm and our team. We entered the year having just completed our first platform investment, DANTOM Systems. In May, we completed our second platform investment, I DRIVE SAFELY. In August, we made a substantial follow-on investment in DANTOM Systems to complete the transformative acquisition of PSC Info Group and subsequently re-named the combined company RevSpring. Finally, on December 31, we completed our third platform investment, CoAdvantage. We are all very excited about our growing portfolio and thankful to count many leading financial partners as our Fund investors.
We are also very pleased to announce the promotion of Bobby Kelly to Managing Director effective January 1, 2013. We would like to thank Bobby as well as the many others, including the members of our operating network and advisory board, who gave us tremendous support throughout 2012.
As of January 1st, 2013, we will begin using CIP Capital as our firm name.
As we look forward to new prospects for growth in 2013 and beyond, we are excited to announce that we have moved into new space:
99 Park Avenue, Suite 1560
New York, NY 10016
CIP Capital creates a national platform in the outsourced document management services and data solutions space
August 13, 2012 – Compass Investment Partners Fund, L.P. (“CIP Capital”), a middle market private equity fund focused on the Business Information and Outsourced Services sector, has completed the acquisition of PSC Info Group (“PSC”), a leading national provider of innovative, technology-enabled solutions and revenue acceleration tools that streamline the collection of consumer payments. PSC will be combined with DANTOM Systems (a CIP Capital portfolio company), a leading provider of outsourced document management services and customized data solutions to the accounts receivable management and RCM markets.
CIP Capital invests in leading nationwide provider of online driver training solutions
May 29, 2012 – Compass Investment Partners Fund, L.P. (“CIP Capital”) has completed an investment in I DRIVE SAFELY, LLC (“I Drive Safely” or the “Company”). I DRIVE SAFELY is the leading provider of online driver training solutions serving teenagers, adults, senior citizens and corporations. The Company’s core product offering includes driver improvement programs, first-time driver education courses and corporate training solutions in addition to other online training programs and data services. I DRIVE SAFELY was founded in 1998 and serves customers across all fifty states in the U.S. and Canada.
CIP Capital acquires leading provider of outsourced solutions to the accounts receivable management industry
October 24, 2011 - Compass Investment Partners Fund, L.P. ("CIP Capital") has completed the acquisition of DANTOM Systems, Inc. ("DANTOM" or the "Company"). DANTOM is a leading provider of outsourced document management services and customized data solutions to the accounts receivable management industry. The Company's core service offering includes secure document creation and delivery, data hygiene and analytics, electronic archival services and online payment portals, all while ensuring compliance with regulatory guidelines. DANTOM serves a large and diverse customer base across the healthcare, financial, home services and government end-markets.