Hendrik Jordaan agreed to pay a $250,000 civil penalty but didn’t admit or deny the regulator’s findings.

Machinify will become a core part of the company recently formed through the merger of The Rawlings Group, Apixio’s payment integrity business and healthcare intelligence firm Varis.

New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with more than $55 billion in assets ...

Private equity firm New Mountain Capital plans to acquire Machinify and combine its with its previous merger of The Rawlings Group, Apixio’s Payment Integrity business and Varis to create a powerhouse ...

The company, founded in Richmond in 1887 and known for Duke's Mayo and its landmark spice factory on Broad Street, will be ...

Latest private capital deals include Willow Tree's $502 million CLO, Alphi Capital's $295 million fund close, and several PE ...

In 2019, Falfurrias acquired condiment, sauce and spice manufacturer Sauer Brands, known for its Duke’s mayonnaise brand.

Advent International, a global private equity firm, has reached a deal to acquire Richmond-based Sauer Brands Inc., the ...

Falfurrias Capital Partners had been looking to sell the condiments and seasonings company, with McCormick & Co. even rumored ...

The deal includes the brands Duke's Mayo, Mateo's Gourmet Salsa and Kernel Season's popcorn seasoning, among others.

Sauer Brands, the parent company of Carolina staple Duke's Mayo, is being sold by Charlotte-based Falfurrias Capital Partners ...