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Advisory Board Co. Completes $20M Offering for VPHealth Inc. - cbl
Posted September 27, 2011
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Robert W. Musslewhite
By Brian Wolak
D.C. -- The Advisory Board Company has completed a $20 million offering for VPHealth Inc., raising the amount from a pair of investors.
The Advisory Board Co., based in Washington D.C., helps hospital and university executives with strategic guidance and web-based software solutions along with implementation and management services.
Advisory Board CEO Robert Musslewhite and chairman Frank Williams are named in an SEC filing disclosing the capital raise along with Seth Blackley, Diane Holder, and Scott Lammie.
Musslewhite joined the firm in 2003 and, before becoming CEO in 2008, served as executive vice president responsible for general management of the firm's Business Intelligence Division. Previously, he served as the firm's executive director of strategic planning and new product development, where he was responsible for setting the growth strategy of the company.
SEC filing: http://tinyurl.com/6a7z82k
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