WIRB-Copernicus Group, WCG, MSD Partners, Arsenal Partners, Advarra, Leonard Green & Partners

Leonard Green strikes $3 bln-plus deal for Arsenal-backed WCG

Leonard Green & Partners prevailed in the highly anticipated sales process for WIRB-Copernicus Group, a provider of compliance-related services that improve the efficiency of clinical drug trials, according to four sources.  In connection with the transaction, existing investor Arsenal Partners stayed on with the Princeton, New Jersey, company, two of the sources said. It is unclear if […]

Persistence Capital Partners, MedSpa, private equity, healthcare, Stuart Elman

Toronto’s Persistence Capital launches aesthetic derm platform MedSpa

Persistence Capital Partners launched MedSpa Partners through its acquisition of a pair of aesthetic medical dermatology clinics. In partnership with entrepreneur Dominic Mazzone, the Toronto private equity firm has purchased Cosmedica, of Victoria, British Columbia, and SpaMedica, of Toronto. Mazonne has been named CEO of the new platform, alongside founding partners and physicians Mark Lupin […]

David Solomon, FInanco, Lazard

Consumer-focused Financo hires David Solomon, former Lazard Middle Market CEO

David Solomon has joined the ranks at consumer-focused Financo, bringing 29 years of M&A experience including more than a decade leading Lazard Middle Market. Solomon joined the boutique investment bank as both a managing director and member of senior management. Solomon will advise companies broadly across the consumer industry, including in the e-commerce and direct […]

Intelerad, radiology, software, Novacap, medical imaging

Intelerad, Novacap-backed medical imaging software maker, heads to first rounds

Intelerad Medical Systems, the Novacap-backed maker of medical imaging software, is seeking a buyer, five sources told Buyouts. Piper Jaffray is providing sell-side financial advice on the sales process, some of the people said. Initial bids are due Nov. 7, one of the people said. Sources characterized Intelerad as a hot asset, with the auction […]

SPAC, L Catterton, PatientPoint, Outcome Health, Haymaker Acquisition Partners, Mistral Equity Partners

L Catterton’s PatientPoint in deal talks with Mistral Equity-connected SPAC

More than a decade into its investment, L Catterton is hashing out a deal to sell PatientPoint, a provider of point-of-care healthcare advertising and education, according to two sources familiar with the matter. Haymaker Acquisition Corp II, a special purpose acquisition company formed by members of Mistral Equity Partners and other investment partners, is under […]

Houlihan Lokey, Freeman & Co, Cain Brothers, Gagan Sawhney, Eric Weber, Leerink, SVB Capital

Commercial banks’ appetite for M&A boutiques gains momentum

Commercial banks are increasingly evaluating opportunities to buy boutique M&A firms as they look to add capabilities in dealmaking areas like healthcare, according to a senior banker at Freeman & Co, a boutique firm which specializes in selling other boutique investment banking franchises. If he had to choose, the healthcare, technology and consumer industries are […]

Nvision, ophthalmology, healthcare, vision, optometry, private equity

Nvision, eye surgery provider, weighs sale

Nvision Eye Centers, a founder-owned provider of Lasik and cataract surgery, is evaluating a potential sale, according to four sources. Harris Williams has been retained to provide financial advice to the Aliso Viejo, California company, three of the sources said. It is unclear if a process has formally launched. One of the sources added that […]

Frazier Healthcare Partners, Norwest Equity Partners, Christina Miller Reska, healthcare

Frazier Healthcare grows growth buyout practice, promotes two

Frazier Healthcare Partners hired Norwest Equity Partners’ Christina Miller Reszka and promoted two members of the Seattle firm’s investment team, Buyouts has learned. Reszka joined Frazier as a principal within its growth buyout practice, according to a source. Frazier’s second pool of capital focused exclusively on growth buyouts, Frazier Healthcare Growth Buyout Fund IX, raised $780 […]

FFL Partners, EyeCare Partners, MyEyeDr, vision care, ophthalmology, optometry

FFL’s EyeCare Partners hits the auction block

FFL Partners has kicked off a sales process for EyeCare Partners, a hybrid optometry and ophthalmology provider, according to several sources familiar with the matter.  The St. Louis vision care company expects to field initial bids over the next couple weeks, with a deal likely to be signed by mid- to late-December, two of the […]

Kelsey-Seybold, TPG Capital, Houston, value-based care, Dupage Medical, healthcare

Houston’s Kelsey-Seybold snags investment from TPG

TPG Capital is investing in Kelsey-Seybold Clinic, a doctor-owned integrated healthcare organization in the greater Houston area, according to three sources familiar with the matter. The private equity firm, based in Fort Worth, Texas, and San Francisco, has agreed to make a minority investment in the medical group, two of the sources said. Kelsey-Seybold’s physician-owners […]

ERT, eResearchTechnology, Astorg, Nordic Capital, eClinical, pharma services, eCOA

Astorg investment in Nordic’s ERT values eClinical company at $3.8 bln

Astorg has joined eResearchTechnology’s existing investor base in a transaction valuing the fast-growing clinical trial technology company at approximately $3.8 billion, Buyouts has learned. The Paris buyout firm joins Nordic Capital and Novo Holdings A/S, both of which have stayed on as investors in Philadelphia, Pennsylvania-based ERT, alongside management. Nordic, which initially invested through Fund VIII, […]

21st Century Oncology, radiology therapy, private equity, bankruptcy, Beach Point Capital Management

21st Century Oncology, owned by debt holders, launches auction amid comeback

Almost two years after emerging from Chapter 11 bankruptcy, 21st Century Oncology is evaluating a sale that could ultimately value the newly-led cancer treatment company around $1 billion, according to people familiar with the matter. Initial bids are due in the next couple of weeks for the Fort Myers, Florida, company, one of the people […]

Change Healthcare, ANSOS, Symplr, QGenda, healthcare, workforce management

Change Healthcare kicks off process for Connected Analytics unit

Change Healthcare is evaluating strategic options for its Connected Analytics business—which includes staff scheduling software ANSOS—as the healthcare tech giant focuses on growing its core operations, according to three sources familiar with the matter. William Blair is providing financial advice on the process, the people said. Conversations with potential buyers recently began but are in […]

Blue Sea Capital, DDS Lab, dental prosthetics, CITIC Capital

DDS Lab, backed by Blue Sea, CITIC Capital, launches sales process

DDS Lab, the dental lab company backed by Blue Sea Capital and China’s CITIC Capital Partners, is evaluating a sale, according to sources familiar with the situation. Moelis and Houlihan Lokey are providing financial advice on a sponsor-focused sales process, and marketing materials were recently distributed to potential bidders, the sources said.   Tampa, Florida, DDS […]