Before 2009 News

September 9, 2008

Croft & Bender Serves as Financial Advisor to MDA Holdings

Croft & Bender Press Release

Croft & Bender, an Atlanta-based investment banking firm, served as the financial advisor to Norcross, Ga.-based MDA Holdings, Inc. (Medical Doctor Associates) in the recent sale of substantially all of MDA's assets to Boca Raton, Fla.-based Cross Country Healthcare, Inc. (Nasdaq: CCRN). full story »

July 15, 2008

Croft & Bender Client, Brightree, Secures Significant Investment from Battery Ventures and C&B Capit

Business Wire

Brightree LLC, developer of the fastest growing business management solution for the Home Medical Equipment (HME), Durable Medical Equipment (DME), Orthotics & Prosthetics (O&P) and Sleep Therapy markets, today announced that it has received a significant investment from Battery Ventures. Brightree intends to use the new capital to accelerate its growth, consolidate the markets it serves, and expand into new markets. full story »

June 25, 2008

Croft & Bender Advises in its Sale to, Inc. (NASDAQ:AMZN) today announced the acquisition of, a leading online fabric store that offers custom measured and cut fabrics, as well as patterns, sewing tools and accessories. full story »

June 10, 2008

All Web Leads Snaps Up First Funding Round


Web marketing company All Web Leads Inc. has raised an undisclosed amount of capital in its first outside funding round. SSM Partners led the round, which included C&B Capital and Dillon Joyce. The valuation of the round, which closed June 3, was not disclosed. full story »

May 5, 2008

Croft & Bender Client Named National Small Business Person of the Year


Shawn Boyer, the founder and CEO of Richmond, Va.-based, was recently named the "National Small Business Person of the Year" by the Small Business Administration. is both a Croft & Bender investment banking client as well as a C&B Capital portfolio company. full story »

April 24, 2008

Croft & Bender Advises Atlanta-based Alliance Surgery in its Acquisition by HealthMark Partners


Croft & Bender served as the financial advisor to Atlanta-based Alliance Surgery, Inc. (ASI) in the recently announced acquisition of ASI by HealthMark Partners, Inc. (HMP) of Nashville, Tenn. full story »

December 12, 2007

Croft & Bender Advises in its Sale to Haggin Marketing


Croft & Bender represented Atlanta-based Coupons Inc., which does business as, during negotiations associated with the recently announced sale of Getmembers to Haggin Marketing, Inc., a San Francisco-based multi-channel direct marketing agency backed by Lake Capital. full story »

October 22, 2007

Croft & Bender Advises Arcapita in Transportation Safety Technologies Sale to Riverside Manufacturin

Atlanta Business Chronicle

Croft & Bender announced today it represented the management team of Atlanta-based Arcapita, Inc., a leading private equity investment firm, during negotiations associated with the recently announced sale of Transportation Safety Technologies (TST) in Indianapolis, Ind., to Riverside Manufacturing of Fort Wayne, Ind. full story »

May 11, 2007

Croft & Bender Client Blue Frog Solutions Receives Minority Investment From LPL Financial Services

Atlanta Journal-Constitution

Blue Frog Solutions, a leading provider of straight-through processing and compliance solutions for the annuity and life industries, has announced a minority investment from Linsco/Private Ledger Corp. (LPL Financial Services), the nation's largest independent broker/dealer. full story »

April 23, 2007

Croft & Bender Arranges Sale of nuBridges Preferred Stock


Croft & Bender, an Atlanta-based investment banking firm, announced today that it has arranged the secondary sale of 2.1 million shares of preferred stock in Atlanta-based nuBridges, Inc. The lead investor was Ticonderoga Capital of Boston. In addition, several existing nuBridges' investors, including Noro-Moseley Partners, C&B Capital and certain individuals, participated in the transaction. full story »

April 3, 2007

Croft & Bender Advises Management Team in Purchase of APCO

Yahoo! Finance

Croft & Bender represented the management team of Automobile Protection Corporation during negotiations associated with the purchase of APCO from Ford Motor Company. APCO was acquired by a private equity fund, Trident IV, L.P., managed by Stone Point Capital LLC of Greenwich, Conn., in partnership with the APCO management team. full story »

March 16, 2007

C&B Capital Closes $24 Million Fund

Atlanta Business Chronicle

The latest local round of private equity deals continues to roll. C&B Capital closed its second private equity/venture capital fund on Feb. 28, netting $24 million from investors. full story »

February 2, 2007

Croft & Bender Celebrates Ten Year Anniversary

Yahoo! Finance

Croft & Bender celebrates its tenth anniversary. Over this period the company has expanded four-fold to meet the needs of middle - market and emerging growth companies in the Southeast. full story »

November 13, 2006

Cypress Care Sells Majority Stake

Atlanta Business Chronicle

Croft & Bender client and C&B Capital portfolio company Cypress Care, a provider of workers' compensation Pharmacy Benefit Management services, successfully completes recapitalization. full story »

July 29, 2006

Online Job Site Secures $9 Million to Expand

Richmond Times-Dispatch

Croft & Bender client SnagAJob, the leading online advertiser focused on part-time and full-time hourly jobs in the United States, raises capital to fund growth. full story »

February 2, 2006

C&B Capital Portfolio Company Acquired

Triangle Business Journal

Misys Healthcare Systems, a market leader in healthcare IT, has acquired Payerpath, Inc., a provider of internet-based solutions for processing health claims. full story »

January 31, 2006

PRIMEDIA Consumer Guides Acquires Croft & Bender Client RentClicks


Consumer Guides, the country's leading publisher and distributor of apartment, new home and auto guides and their respective Web sites,, and, today announced the acquisition of Croft & Bender client full story »

November 30, 2005

Alimera Sciences Raises $31.8 Million

PRNewswire - Constitution

C&B Capital portfolio company Alimera Sciences, a specialty pharmaceutical company, receives second round of funding. full story »

May 12, 2005

C&B Capital Portfolio Company to be Acquired

Business Wire

First Data Corp., a global leader in electronic commerce and payment services, announced that it has signed a definitive merger agreement to acquire Vigo Remittance Corp., a provider of electronic money transfer services to countries throughout the world. full story »

July 9, 2004

Alimera Sciences Raises $26.8 Million

Atlanta Business Chronicle

Croft & Bender client Alimera Sciences, a specialty pharmaceutical company, receives one of the largest initial venture capital investments for a Southeast life sciences company in the past decade. full story »

July 14, 2003

AppForge Raises Another $8 Million

Atlanta Business Chronicle

Croft & Bender client, AppForge, Inc., closes an $8.3 million round of funding to refine its software products focused on the handheld device market. full story »

January 16, 2003

nuBridges, LLC Closes $11 Million Funding

Market Wire

nuBridges, a business-to-business solution provider offering products and services that help companies connect, integrate and manage their business partner trading communities, raises capital to fund growth. full story »

July 1, 2002

GlobalCare Secures $11 Million in Funding

Atlanta Business Chronicle

Croft & Bender client GlobalCare, a health-care technology and medical services company, closed on a private equity financing totaling $11 million. full story »

January 18, 2002

SPI Dynamics Receives $2.5 Million in Funding

Atlanta Business Chronicle

SPI Dynamics, an Atlanta-based web security software developer, receives funding from C&B Capital. full story »

January 31, 2001

BSC Ventures Forms Atlanta Company

Atlanta Business Chronicle

Croft & Bender acts as advisor to BSC Enterprises in a purchase of three DIMAC Corp. subsidiaries. full story »

January 17, 2001

AppForge Lands $6 Million Investment

Business Wire

Croft & Bender client, AppForge, Inc., raises capital to fund the rollout and continued development of its software focused on the handheld device market.

November 22, 2000

Access Receives $6.5 Million

C&B Capital leads latest round of financing for the Macon-based telecommunications firm, along with Access board member Holcombe Green, the Chairman and CEO of WestPoint Stevens. full story »

November 17, 2000

VCG Snares $7.5 Million

Business Wire

Croft & Bender raises $7.5 million for VCG, Inc., an Internet software and human capital management service provider focusing on the staffing, IT consulting and executive search industries. full story »

November 23, 1998

Making Money, Saving Lives

Atlanta Business Chronicle

Croft & Bender client Apyron Technologies, formerly Project Earth Industries, continues to solve contamination issues. full story »

February 17, 1997

Fledgling M&A Firm Croft & Bender Doing Deals

Atlanta Business Chronicle

A small investment banking firm formed last August by Robinson-Humphrey Co. veterans Edward Croft III and Ted Bender is focused on helping small to mid sized growth companies. full story »