Affordable Residential Communities Inc. completed its acquisition of NLASCO, Inc., which provides fire and homeowners insurance for low-value dwellings and manufactured homes, primarily in Texas and other areas of the South, Southeast and Southwest.
Flexpoint Ford, LLC announced the first and final closing of its second investment fund, Flexpoint Ford Fund II, and the side-car fund Flexpoint Ford Overage Fund II. The funds have $1.28 billion in combined committed capital, and Fund II is an $800 million fund.
Flexpoint announced the first and final closing of Flexpoint Fund, L.P., with $225 million in committed capital. The fund will invest primarily in healthcare and financial services.
Flexpoint Partners, LLC announced that its newly formed affiliate acquired the assets of Midatlantic Home Infusion, Inc. Donald A. Carlberg joined American Infusion Holdings, LLC as chief executive officer.
Flexpoint Ford is a private equity firm focused on financial services and healthcare, with offices in Chicago and New York and over $4.3 billion raised. Since 2005, it has invested in over 30 companies and invests $50 million to $500 million per transaction.
