PE-backed ProTransport-1 buys Century Ambulance Service

ProTransport-1 LLC, which is backed by New Heritage Capital, has acquired Century Ambulance Service Inc. No financial terms were disclosed. Based in the Jacksonville, Florida area, Century is a medical transport provider. PRESS RELEASE BOSTON–(BUSINESS WIRE)–New Heritage Capital (“Heritage”) is pleased to announce that its portfolio company ProTransport-1, LLC (“ProTransport-1”) has acquired Century Ambulance Service, Inc. (“Century”), a leading interfacility medical transport provider in the Jacksonville, Florida metro area. Century represents ProTransport-1’s second acquisition in 2015, having closed the acquisition of Los Angeles-based PRN Ambulance in July. Founded in 1981 with just two ambulances, Century now operates a fleet of over 50 ambulances and has a staff of more than 290 employees. ProTransport-1, headquartered in Cotati, CA, is a premier provider of comprehensive patient logistics services to leading healthcare systems in its service areas. ProTransport-1 provides the highest levels of patient care while employing leading technologies and highly skilled medical professionals to enable the safe and efficient coordination and transport of large numbers of medically complex patients within a health system and its environment. The company receives the highest satisfaction ratings from its patients and health system partners. Founded in 2000, ProTransport-1 was recapitalized in 2012 by its founders and Heritage. Since 2012, the company has grown its staff from 600 to over 950 personnel and it now operates more than 170 vehicles. “We are excited to partner with the Century team in the North Florida market, another move in our deliberate expansion into additional geographies,” said Mike Sechrist, co-founder and CEO of ProTransport-1. “Century serves a blue chip base of healthcare providers and we are eager to introduce many of our technologies and services to help serve those customers.” John Glover, the president of Century, commented, “Century provides the highest quality interfacility medical transport in the Jacksonville area. Partnering with ProTransport-1 allows us to continue what we do well while bringing additional technology-driven services to our customers. I believe the combination of Century and ProTransport-1 will strengthen our Jacksonville presence and will enhance our service offering to our employees, our hospital customers, and our patients.” Melissa Barry, Principal of Heritage, added, “Century represents another important step towards our goal of building the preeminent patient logistics business in the United States. We are excited about the opportunities that Century will provide to ProTransport-1, and enthusiastic to continue supporting the team as they further their growth in new and existing markets.” About Heritage Heritage is a Boston-based private equity firm with a twenty-year history of partnering with growing, middle market, founder-owned businesses. In a typical transaction, Heritage makes a significant equity investment in a company while allowing founder-managers to retain operational control and meaningful economics. Our approach provides shareholders with the desired amount of liquidity, resolves transition issues, and allows shareholders to maintain control and accelerate the growth of their company. Such transactions provide a company with capital for growth, as well as a partner deeply experienced in providing strategic guidance to growing founder-owned businesses. For more information, please visit http://www.newheritagecapital.com.

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PE-backed ProTransport-1 buys Century Ambulance Service

Highland Capital invests $7 mln in Datiphy

Datiphy Inc. said Tuesday it raised $7 million from Highland Capital Partners in its first institutional financing. San Jose, California-based Datiphy is a data behavior analysis and security startup. PRESS RELEASE SAN JOSE, CA (PRWEB) SEPTEMBER 22, 2015 Datiphy™ Inc., a pioneering startup in data behavior analysis and security, today announced that it has raised $7 million from Highland Capital Partners in its first institutional financing. Datiphy offers the only highly scalable breach detection and database activity auditing platform providing the context needed for information security and network security teams. Datiphy will use the funding for continued rapid growth. “The interest in security has never been greater and concerns are only growing as enterprises are undergoing changes to their own business infrastructure. Datiphy has developed a unique approach and technology to resolve the security and compliance concerns of these companies,” said Corey Mulloy, General Partner at Highland Capital Partners. “We look forward to working with CEO Ted Ho again after the successful IPO of our previous collaboration. Similarly, we’re thrilled to be in partnership with the rest of the management team who have proven to be quite accomplished at developing innovative security technologies and scaling their respective organizations.” As enterprises adopt public, private and hybrid cloud offerings and enable user and device mobility, network perimeters have completely disappeared. These trends are creating situations where data, workloads, users and devices have physical locations that change from moment to moment. So, rather than taking a network-centric approach to security with the idea of a perimeter and endpoints, a data-centric approach is required to visualize and protect valuable data assets no matter where they live or how they have been accessed. “By analyzing the behavior of the data, we can derive things like user behavior, distinguish between what’s normal and anomalous, and dramatically reduce the time to detect breaches,” said Ted Ho, CEO of Datiphy. “Previous security approaches have been based on the concept of a network perimeter and analyzing network activity for threats. As enterprises adopt new technologies for business agility and flexibility, this security model completely breaks down. Our method looks to the data itself as the target of interest for hackers and nefarious actors and, therefore, the ideal security focal point. Legacy approaches and ‘band-aid solutions’ can’t address these security challenges because they have the wrong fundamental approach and simply can’t scale.” Datiphy uses a proprietary, high performance and scalable architecture to audit every data transaction within an enterprise environment. With this data-centric approach, context can be provided for all data activity for analysis and visualization of asset relationships and behaviors. In addition, by looking at every transaction rather than a sample of transactions, the accuracy of analysis is orders of magnitude greater. Security teams manage the Datiphy platform through an advanced management portal with natural language querying to quickly and easily verify threats and discover the extent of a breach for greatly accelerated resolution. Analytics from the Datiphy platform can be exported as feeds to other security and event correlation tools, governance and compliance solutions and Security Information and Event Management (SIEM) offerings. About Highland Capital Partners Founded in 1988, Highland Capital Partners is a global venture capital firm focused on putting the entrepreneur first. With offices in Silicon Valley, Boston and Shanghai, Highland has raised over $3 billion in committed capital and invested in more than 265 companies, resulting in category-defining businesses across consumer and enterprise technology. Investments include Ask Jeeves, Bromium, Enjoy, Gigamon, Harry’s, Lycos, Malwarebytes, Qihoo 360, Quattro Wireless, Rent the Runway, Starent Networks, Sybase, VistaPrint and WePay. Highland also serves as a mentor for future entrepreneurs through Summer@Highland, a program that provides students and university-affiliated startups with the environment and resources to take their initiative to the next level. For more information, visit http://www.hcp.com. About Datiphy Founded in 2015 in San Jose, CA, the Datiphy platform fills the gaps that exist between point solution tools and glues various capabilities together to visualize your entire enterprise data lifecycle. The key technology is its Adaptive Data Behavioral Model (also called DataDNA) providing the scientific certainty of analyzing the entire data pool as events occur in real-time. A command portal enables centralized management and natural language queries empowering users to find any data asset within seconds and see the context of every interaction that has occurred among all other assets. For more information, visit http://www.datiphy.com. Datiphy, Adaptive Data Behavioral Model and DataDNA are trademarks of Datiphy, Inc. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.

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Highland Capital invests $7 mln in Datiphy