Populr unveiled

Nick Holland will incubate and accelerate Populr within the Entrepreneur Center, with support from Bullpen Ventures. Story here.

Inova roll-up plan

Farsheed Ferdowsi may scoop-up up to $4MM for his Inova venture and rolling-up accounting firms' service bureaus is part of the gameplan. Story here.

TNInvestco fund's Silvercare lashup

TNInvestco fund Tennessee Angel Fund, an affiliate of Nashville Capital Network and the NCN sidecar fund, joined with FCA Venture Partners, an arm of Clayton Associates, to fund the B-round of incontinence-care specialist Silvercare Solutions. A quick take here.

Gemino debt for Enduracare

Gemino Healthcare Finance, which is allied with Clayton Associates here, has provided $6.5MM in revolver and loan support for Enduracare Critical Care, Mobile, Ala.

edo Interactive gets more VC money

Clayton Associates and First Avenue Partners made news this morning by announcing their investment of $8.5MM in edo Interactive. Apparently, getting marketing traction in this environment is taking more juice than edo imagined, prior to the Great Recession. VNC's earlier report on edo's $8MM placement registration and related stories.

StudioNow

Better read this fast, because StudioNow, backed by Claritas Capital, et al, is morphing faster than the video sector, itself. Read our story here.

[Updated] Clayton-allied Gemino lends capital to Recover Health

[Updated 4:08 p.m.] Edina, Minn.-based Recover Health, a home healthcare services provider, has been sold. The parties, thus far, are not saying who bought it. About all we know is that Gemino Healthcare Finance is lending money to support the whole transaction. Background: In 2007, Nashville's Clayton Associates was named among VCs who joined to create Philadelphia-based Gemino, which was launched with a total $290MM in debt and equity. At that time, Gemino's core investor group reportedly included Atlanta- and Washington D.C.-based EDG Partners LLC, and Laminar Direct Capital, L.P., a member of the D.E. Shaw group, New York. Co-investors included, in addition to Clayton, West LB, BH1 Investments and Fulcrum Ventures. The Gemino specialty fund provides senior loans to healthcare-services providers, with financing typically $500K to $10MM or more, in the form of revolving lines of credit, secured term loans, unsecured term loans and real-estate financing. Today, Gemino announced new lending to Recover Health. Gemino provided a $3MM revolver and a $1.5MM term loan. A Gemino spokesman told VNC this afternoon that he is not at liberty to disclose which company acquired Recover (the acquirer was not among companies named in the release). The spokesman said the acquirer is neither an institutional nor strategic investor, in the traditional sense.

Braswell goes for more dough for edo

No details yet, but this week's edo Interactive filing with the SEC left little doubt the that edo CEO Ed Braswell believes he needs more money for something... $8MM worth. Here's what we think we know.

NEWSBITS, April 6

Nashville-based Petra Capital Partners invested $5MM in a Massachusetts software firm... Entrepreneur and retired HCA senior exec Clayton McWhorter is sponsoring the launch of another healthcare reform group... Jim Lackey (at left) calls it a day in the CEO office of Passport Health, handing the reins to former McKesson, Cerner, AT&T executive Scott MacKenzie.