JZ Capital Ptnrs Ltd JZ Capital Partners to Realise Gain - NAV Uplift of 4.3%

 
TIDMJZCP TIDMJZCC TIDMJZCN 
 
JZ CAPITAL PARTNERS TO REALISE GAIN - NAV UPLIFT OF 4.3% 
 
12 March 2018 
 
JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed fund that 
invests in US and European microcap companies and US real estate, is pleased to 
announce an agreement to sell Bolder Healthcare Solutions ("BHS") to a 
subsidiary of Cognizant, one of the world's leading professional services 
companies. 
 
Headquartered in Louisville, Kentucky, BHS offers a full suite of healthcare 
revenue cycle management services to the hospital and physician marketplace in 
the United States. BHS was formed through a co-investment partnership between 
JZCP and the Edgewater Funds. 
 
JZCP will realise approximately $108.0 million in gross proceeds from this 
sale, representing an increase in net asset value ("NAV") of approximately 
$35.1 million, or 4.3% of NAV, as of January 31, 2018. 
 
David Zalaznick, JZCP's Founder and Investment Adviser, commented: "This will 
be a significant transaction that demonstrates JZCP's ability to consistently 
realise key assets at, or above, NAV. Our CEO, Mike Shea, and his management 
team at BHS did a superb job and we appreciate all their efforts that made this 
such a successful transaction." 
 
Completion of the transaction is subject to customary closing conditions and 
regulatory approvals, including The Hart-Scott-Rodino Antitrust Improvements 
Act of 1976. 
 
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF 
THE MARKET ABUSE REGULATION (EU) 596/2014 
 
                                     Ends 
 
For further information: 
 
Ed Berry / Kit Dunford                [phone] 
FTI Consulting 
 
David Zalaznick                                           [phone] 
Jordan/Zalaznick Advisers, Inc. 
 
Paul Ford                        [phone] 
JZ Capital Partners 
 
About JZCP 
 
JZ Capital Partners ("JZCP") is one of the oldest closed-end investment 
companies listed on the London Stock Exchange. It seeks to provide shareholders 
with a return by investing selectively in US and European microcap companies 
and US real estate. JZCP receives investment advice from Jordan/Zalaznick 
Advisers, Inc. ("JZAI") which is led by David Zalaznick and Jay Jordan. They 
have worked together for more than 35 years and are supported by teams of 
investment professionals in New York, Chicago, London and Madrid. JZAI's 
experts work with the existing management of microcap companies to help build 
better businesses, create value and deliver strong returns for investors. For 
more information please visit www.jzcp.com. 
 
 
 
END 
 

(END) Dow Jones Newswires

March 12, 2018 07:05 ET (11:05 GMT)