Frontier Capital in TN

Frontier Capital (Charlotte, NC) has had its eye on Tennessee ventures for a while. Now, it has more capital and the Recession may be behind us, so... they're taking a fresh look. Scroll down, here.

Frontier Cap exits health IT, data cos.

Maybe now that Charlotte, N.C.-based Frontier Capital has exited Peak10 and Anodyne Health Partners (announced yesterday), it'll have more cash to shop Tennessee companies, per its plans announced nearly a year ago, before the recent economic unpleasantness. At left is Seth Harward, Frontier's dealflow developer, who occasionally visits Music City. Anodyne was bought by Waterown, Mass.-based Athena Health,which is in the EHR and practice-management space. Frontier's share of Peak10 was taken out by Omaha-based McCarthy Group LLC.

VCs hold differing views on Tech plays

In one story, Seth Harward (left) of Frontier Capital says Nashville is a good hunting-ground for SaaS and IT companies for his private-equity firm, while in a second offering this morning MB Venture Partners' Gary Stevenson says he'd rather leave that to the natives, while he collaborates with them and tends his own chosen niche. The two stories thus complement one another.