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Versailles Group Announces Accentus, Inc. Acquired by High Road Capital Partners
Date:4/21/2009

d Dettwiler & Associates.

Stephen Rogers, CEO of Accentus, and a significant investor in the divestiture along with brother and president Roderick Rogers, said, "Accentus has played a key role in developing the market for outsourced medical transcription and editing services in Canada." Rogers said that he and his brother "saw tremendous opportunity to accelerate Accentus' growth in partnership with High Road while continuing to provide exceptional service to our customers."

Senior debt financing for the transaction was provided by Bank of Montreal. Subordinated debt financing was provided by Bank of Montreal Capital Corporation, which invested along with High Road and Accentus management.

Transaction consideration was not disclosed.

Versailles Group, Ltd.

Versailles Group, Ltd. is a Boston-based investment bank that specializes in international mergers, acquisitions, and divestitures. Versailles Group's skill, flexibility, and experience have enabled it to successfully close transactions in any economic environment. More information on Versailles Group can be found on its website, http://www.versaillesgroup.com.

    For more information:

    Donald Grava (617) 449-3325
    dgrava@versaillesgroup.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.


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SOURCE Versailles Group, Ltd.
Copyright©2009 PR Newswire.
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