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StateServe Gets Private Equity Funding

Tempe, Arizona-based StateServ Holdings, a provider of durable medical equipment to the hospice market, says it has received an equity investment from private equity investor Blue Wolf Capital Partners. Size of that investment was not announced. StateServe said its CEO, Paul DiCosmo, as well as other members of its management team will continue to lead the company, and maintain a "significant equity stake" in the company. StateServe was advised by TripleTree in the deal.