Southwest Mezzanine Investments, L.P. Announces
the Realization of UniFocus,
Inc.
HOUSTON, January 18, 2007/PR/ -
Southwest Mezzanine Investments, L.P. (“SMI”) announced today the
realization of its portfolio company Unifocus, Inc. through the sale of FisaCure,
Inc., a division of UniFocus, to JPMorgan Chase & Co. (NYSE: JPM). FisaCure
is the leading provider of electronic remittance services for Healthcare Insurance
Portability and Accountability Act of 1996 (HIPAA) compliant transaction sets. The
acquired FisaCure technology will become part of the Healthcare Solutions business
of JPMorgan Chase's Treasury Services unit.
About
UniFocus, Inc. - Based in Dallas, Texas,
UniFocus is a leading global provider of performance
measurement, resource management technology,
operational consulting and business intelligence
applications for the service industry. Hotels,
property management companies, casinos, resorts,
restaurants and other hospitality concerns
are their primary clients.
About FisaCure, Inc. - Founded in 1996 and a division
of Unifocus, FisaCure is the pioneer in providing
state of the art remittance management services
for providers, financial institutions and payers. For
providers, FisaCure provides HIPAA compliant 835
remittance and auto-posting solutions that can
be seamlessly integrated into providers' patient
accounting systems.
About Southwest Mezzanine Investments (SMI)
SMI was
formed to make $2 to $6 million subordinated debt investments in middle-market
companies seeking capital to accelerate growth or finance add-on acquisitions
or minority recaps.
In evaluating potential investments, SMI
is interested in companies with enterprise values
in excess of $10 million, a history of profitable
operations and possessing meaningful competitive
advantages. SMI seeks to make investments
in companies with or without an equity sponsor.
Growth
Capital Partners, L.P. Securities offered through
GCP Securities, Inc. member FINRA – SIPC
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