News and Announcements

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Treasurer Cowell visits Raleigh-based StepLeader, an NC Innovation Fund portfolio company

StepLeader, an innovative mobile app developer and advertisement platform, recently received an investment from one of North Carolina Innovation Fund’s (NCIF) private equity managers, River Cities Capital Funds (River Cities).

Knoxville Company Successfully Achieves Commercial Use of its Next-Generation Biomarker Generator

ABT Molecular Imaging, Inc., in Knoxville, TN, has successfully achieved the installation and clinical use of its next-generation Biomarker Generator by the Sveta Marina University Hospital in Bulgaria. ABT’s next-generation product integrates a compact accelerator and micro-chemistry with integrated quality control, for single-dose biomarker production.

Securing Different Forms of Internal Clinical Communication

PerfectServe provides a means to standardizing secure communication methods within healthcare organizations.

KishHealth System Selects PerfectServe Clinician-to-Clinician Communications Platform

Leading quality-centric health dystem implements PerfectServe for improved care coordination, efficiency and physician and patient satisfaction.

River Cities Announces Sale of Pioneer Surgical Technology, Inc.

River Cities’ portfolio company Pioneer Surgical Technology sold to RTI Biologics Inc. (Nasdaq:RTIX), a provider of orthopedic and biologic implants, for $130M. Michigan-based Pioneer is a leading medical technology company serving the orthopedics, biologics, spine, trauma and cardiothoracic markets.

River Cities Recognized as Service Provider/Financier of the Year by ACG Cincinnati

River Cities received the award for Service Provider/Financier of the Year at The Deal Maker Awards presented by ACG Cincinnati. The Deal Maker Awards Program is presented by the Cincinnati Chapter of the Association for Corporate Growth to recognize significant achievements of corporations, entrepreneurs, financiers, and service providers, who participate actively in merger and acquisition […]

Univa Partners with science + computing to Expand Univa’s Reach to Enterprises in Europe and Add Services to Univa’s Product Suite

science + computing to resell Univa’s full product suite including Univa Grid Engine to leading manufacturers and research facilities in key European markets.

Care Coordination Demands Streamlined Communication Beyond Hospital Walls

To streamline clinician-to-clinician communication both within the hospital and between the hospital and other healthcare facilities, Advocate Lutheran General Hospital in Park Ridge, Ill., implements PerfectServe, a River Cities portfolio company.

New Study Shows Full Spectrum Endoscopy Procedure Reduces The ‘Miss Rate’ of Adenomas During Colonoscopy

EndoChoice’s Fuse system receives FDA 510(k) Clearance.

StepLeader Secures $4.4M in Funding With River Cities Capital Funds

StepLeader Inc, an industry leader in mobile app development and advertising sales for local media and college sports, raised $4.4M in an investment led by River Cities Capital Funds.

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