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Keyword: davidwenstrup

Parthenon exits Spheris (Soros buying out medical transcription service)

11/15/2004 2:20:08 AM PST · by gattaca · 21 replies · 2,199+ views
The Deal ^ | 11/09/2004 | David Carey

Parthenon exits Spheris by David Carey Updated 06:18 PM EST, Nov-9-2004 TOP DEAL HEADLINES Movers & shakers: Nov. 15, 2004 Parthenon exits Spheris Amgen grows its own VC arm Tech IPOs show big gains Investor slams GenCorp Warburg Pincus LLC and Soros Private Equity Partners LLC acquired Spheris Inc. in a secondary buyout from Parthenon Capital LLC, which said it earned roughly a 500% profit on its $25 million equity investment in the Franklin, Tenn.-based medical transcription company. In addition to New York-based Warburg and Soros, Spheris' president and CEO, Steven Simpson invested in the recapitalization. Terms weren't disclosed. But...

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