Navigator GPO bought

Franklin-based Navigator Group Purchasing has been bought by Managed Health Care Associates. Brentwood Capital Advisors was sole advisor to Navigator. The release is here.

Pathgroup recapitalization

Brentwood-based PathGroup Inc. has announced a $100MM recap, under direction of West End-based Brentwood Capital Advisors, which apparently used its $15MM Brentwood Capital Partners fund to help pull off the deal, which also involved BCA's frequent collaborator, Primus Capital Funds, as well as Bank of America, Fifth Third Bank and Chicago's Maranon Capital. BCA's filing last summer indicated the firm hoped to raise $25MM for its sidecar fund.

Brentwood Capital guided HMS

Yesterday, not long after we published our piece on Tom Stephenson's Healthcare Management Systems hitting the $75MM mark, Tom wrote to add that Brentwood Capital Advisors had been HMS' financial advisor in acquiring HMS' new EMR product from a seller who has not been disclosed.

BCA execs file for capital raise

Executives with Brentwood Capital Advisors in Nashville filed with the SEC, indicating they aim to raise as much as $25MM for investments. See today's VNC story here.