Quad-C Management has announced it has closed an investment in VMG Health.

Quad-C, headquartered in Charlottesville, Va., is a middle market PE firm focused on investing in business services, consumer, general industrial, healthcare, specialty distribution and transportation/logistics companies. It was founded in 1989.

VMG Health, with offices in Dallas and Nashville, is a provider of financial valuation and advisory services for the U.S. healthcare transaction market.

While terms of the deal were not disclosed, it was made known that VMG management maintained significant ownership in the business.