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AEI details 7 CDI carveout sales to strategics; InTandem bets on revenue cycle management

Good morning, Hubsters. Senior reporter Michael Schoeck here with the US edition of the Wire from the New York newsroom.

We’re opening the Wire today with a deep dive by Obey Martin Manayiti on AE Industrial Partners’ recent exit of engineering firm CDI Corporation in seven pieces.

Next up John R. Fischer has an exclusive on a revenue cycle management deal that was announced this morning.

And we’ll wrap up with insight on what’s driving fleet management and transportation technology investments.

Divestiture spree

Earlier in January AE Industrial Partners announced the sale of CDI Engineering Solutions to Tata Consulting. The exit marked the last stage of a journey that started in 2017 when AEI bought CDI Corp, a provider of engineering, information technology and staffing services.

Upgrade to the premium version of the Wire to read the story.

Fusing revenue cycle management

InTandem Capital Partners announced earlier this morning that it has acquired Healthfuse, a revenue cycle management (RCM) vendor manager, from New Capital Partners, PE Hub has learned.

Upgrade to the premium version of the Wire to read the exclusive.

Driving fleet management efficiencies

A confluence of factors ranging from retiring truck drivers, streamlining shipping routes and a lack of digital tools for the transportation sector have contributed to increased investor interest in the off-road transportation software technology market, according to a new Houlihan Lokey report.

Upgrade to the premium version of the Wire to access more from the report.

That’s a wrap for me.  Keep an eye out for the Europe edition of the Wire tomorrow from Sophie Rose and the US edition from John R. Fischer.

Cheers,

Michael

Read the full Wire commentary on PE Hub ...

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Deals

They said it

“In the end, our thesis that these were all very strategic units was validated by the fact that we were able to exit all of them to a strategic home.”

— Jon Nemo, managing partner of AE Industrial Partners, on CDI’s exits

Today's letter was prepared by Michael Schoeck

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