News

Exeter Street Capital Partners announces the acquisition of Applications2U, LLC by Accscient, LLC

Exeter Street Capital Partners is pleased to announce that its affiliate Accscient, LLC (“Accscient”) has acquired Applications2U, LLC (“Applications2U”). The acquisition of Applications2U expands Accscient’s offerings in consulting, digital infrastructure management and systems integration to the healthcare industry.

Based in Atlanta, Georgia, Accscient was founded in 2005 with a goal of building a leading national provider of IT services.  Accscient operates through three divisions (Norwin Technologies, Premier IT Solutions and Appridat) and provides IT consulting and IT staffing services on client projects including ERP planning/implementation, business intelligence, and infrastructure/data center management.  Accscient serves Fortune 1000 customers in a wide variety of industries with over 350 consultants while leveraging offshore capabilities when appropriate.

Exeter Street Capital Partners announces the closing of a financing transaction with Accsicent, LLC

Exeter Street Capital Partners is pleased to announce the closing of a transaction relating to the $20 million private placement of preferred equity securities and redeemable preferred securities to support the recapitalization and growth strategy of Accscient, LLC.

Based in Atlanta, Georgia, Accscient, a FutureTech Holding Company, was founded in 2005 with a goal of building a leading national provider of IT services. Accscient operates through three divisions (Norwin Technologies, Premier IT Solutions and Appridat) and provides IT consulting and IT staffing services on client projects including ERP planning/implementation, business intelligence, and infrastructure/data center management. Accscient services Fortune 1000 customers in a wide variety of industries with over 350 consultants and leverages offshore capabilities when appropriate.

Exeter Street Capital Partners invests in PF Growth Partners, LLC

Exeter Street Capital Partners initiated and invested in the recapitalization of PF Growth Partners, LLC (PFGP). In conjunction with the transaction, Exeter arranged $93.75M of senior debt and preferred equity capital to support PFGP’s new club expansion and to provide a distribution to shareholders.

PF Growth Partners, LLC is a leading Planet Fitness franchisee with locations in Maryland, Tennessee and Florida.