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Beekman Group completes majority recapitalization of Convenient Payments

Beekman Investment Partners III LP, an affiliate of lower-middle-market private equity firm Beekman Group LLC, closed the majority recapitalization of Convenient Payments LLC.

The transaction, which marks the seventh platform investment for the Beekman affiliate, will aid in the company's expansion.

Convenient is a Utah-based payment technology platform catering to the government, education and medical markets.

Beekman invests in healthcare services, consumer services and business services companies.