Virgl Holdings acquires Hcareers from DHI for about $16.5 mln

Virgil Holdings Inc has acquired Hcareers, DHI‘s hospitality business, for about $16.5 million. Genesis Park provided the funding to support Virgil’s acquisition of Hcareers. AGC Partners was the financial adviser on the deal. PRESS RELEASE NEW YORK, May 23, 2018 /PRNewswire/ — DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”), a leading online career resource and talent acquisition platform for technology professionals and other select professional communities, today announced that it has sold its hospitality business, Hcareers, to Virgil Holdings, Inc. for approximately $16.5 million in cash. The transaction closed on May 23, 2018 and DHI will use the proceeds in accordance with its stated capital allocation strategy, including the reduction of the balance on its revolving credit facility, support of strategic initiatives and potential return of capital to shareholders. DHI previously announced its intention to divest four of its non-tech businesses in May 2017
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FairMarkIt snaps up funding

Boston-based FairMarkIT, a tail spend management firm, has secured an undisclosed amount of funding. The investors included NewFund Capital, NewStack Ventures, MassVentures and VT Technology Ventures. Source: Press Release

CentralReach buys Chartlytics

CentralReach, which was backed by Insight Venture Partners, has acquired State College, Pennsylvania-based Chartlytics, a real-time behavior change analytics software provider. No financial terms were disclosed. PRESS RELEASE POMPANO BEACH, Fla., May 24, 2018 /PRNewswire/ — Today, CentralReach, the premier provider of electronic health record and practice management software for clinics focused on applied behavioral analysis (ABA), speech therapy, and occupational therapy (OT) is pleased to announce that it has closed the acquisition of Chartlytics, the leading real-time behavior change analytics software provider. CentralReach, backed by Insight Venture Partners, will combine its cloud-based practice management and clinical data collection software with Chartlytics’ best-in-class precision data measurement and advanced analytics technology, bringing the power of the combined offering to its over 40,000 therapist and educator users. “We couldn’t be happier to welcome Chartlytics to the CentralReach family,” said Charlotte Fudge, CentralReach’s founder. “Just this past month alone,
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Thursday links: really cheap beta