Sean Cunningham, GTCR, healthcare, merger, m&a, NuVasive, Gregory Lucier

GTCR, ex-NuVasive Chief Lucier launch new life-sciences platform

In its latest executive-driven effort, GTCR joined forces with industry veteran Gregory Lucier to hunt for deals across life sciences and medical technology. Lucier will be CEO of newly created Corza Health, which will pursue an initial platform investment ranging from a few hundred million dollars to well north of $1 billion, said Sean Cunningham, a managing director […]

healthcare, private equity, merger, m&a, Lincare Holdings, Linde Group, Beecken Petty O’Keefe, Preferred Homecare
366 Views

Lincare brings home Beecken Petty’s Preferred Homecare

Lincare Holdings, a subsidiary of Germany’s Linde Group, has purchased Beecken Petty O’Keefe’s Preferred Homecare, three sources said. The transaction, which has not been publicly announced, concludes a process launched in September for the western U.S. provider of in-home durable medical equipment. Houlihan Lokey was retained for sell-side financial advice on the process, Buyouts reported […]

Peak Gastroenterology, Colorado, medicine, healthcare, private equity, merger, M&A
536 Views

Private equity shops circle Colorado’s Peak Gastroenterology

Peak Gastroenterology Associates, Colorado’s largest gastroenterology practice group, is up for sale, Buyouts has learned. Alkaline Advisors, a healthcare-focused investment bank based in Miami, is providing financial advice to the Colorado Springs medical group, according to a source familiar with the matter. Marketing materials were distributed to private equity groups in early March, and first-round bids […]

PE-backed Advancing Eyecare names Staley as CEO

Advancing Eyecare, a newly-formed holding company owned by Atlantic Street Capital, has named Brad Staley as chief executive officer. Advancing Eyecare, an ophthalmic equipment provider, was formed earlier this year in partnership with Lombart Instrument and Marco Opthalmic. Stanley is the former CEO of United Scope.

private equity, Permira
310 Views

International Deal of the Year: Permira’s Atrium Innovations

Getting behind consumers’ growing recognition of the benefits of vitamins and supplements, Permira leveraged the industry’s demand for quality to create some of the fastest-growing brands globally. The European buyout firm in March 2018 sold Atrium Innovations to Nestlé, generating a 4.3x return and 43 percent gross IRR. During Permira’s around four years of ownership, […]

Gryphon Investors, Learn Behavioral, healthcare, autism, private equity, merger, M&A, LLR Partners
1152 Views

Gryphon strikes deal for LLR’s LEARN Behavioral

Gryphon Investors agreed to acquire LLR Partners’ LEARN Behavioral, according to people familiar with the matter. The transaction concludes a Harris Williams-run sales process for the provider of autism-treatment and educational services, as initially reported by Buyouts in November. Berkery Noyes advised Gryphon on the transaction, a person with knowledge of the situation said. Financial terms […]

Enhanced Healthcare, West Dermatology, healthcare, dermatology, medicine, private equity, merger, M&A
1034 Views

Enhanced Healthcare’s West Dermatology heads to auction block

New York’s Enhanced Healthcare Partners is evaluating the sale of West Dermatology, according to three people familiar with the matter. Jefferies has been engaged to advise the Newport Beach, California, dermatology-practice-management group, the people said. The process is expected to launch imminently. West Dermatology posted just north of $20 million in pro forma adjusted Ebitda […]

Housatonic Partners, Aegis Treatment Centers, opioid, addiction, healthcare, private equity, merger, M&A
410 Views

Housatonic’s Aegis, California opioid-treatment group, seeks buyer

Housatonic Partners is exploring the sale of Aegis Treatment Centers, the California provider of medication-assisted treatment for opioid addiction, according to four sources familiar with the matter. Piper Jaffray is providing financial advice to the Canoga Park, California, company, the sources said. Aegis posts Ebitda of about $20 million, they said. While the process is […]

Wellspring Capital Management, Center for Diagnostic Imaging, Black Diamond Capital Management, healthcare, medical, imaging, private equity, merger, M&A
1842 Views

Wellspring buys PE-backed Center for Diagnostic Imaging

Wellspring Capital Management prevailed in the sponsor-driven process for Center for Diagnostic Imaging, the country’s largest private diagnostic-imaging company, Buyouts has learned. The seller is Greenwich, Connecticut, Black Diamond Capital Management. The alternative-asset manager retained Jefferies to advise on a sales process in 2018, as initially reported by Buyouts. The transaction, initially disclosed in an premerger […]

Kristin Mugford, Harvard Business School, private equity, women's issues, diversity, discrimination
892 Views

Five Questions with Kristin Mugford, Harvard lecturer, mentor to women in PE

Kristin Mugford became Bain Capital’s first female managing director at age 32. She joined the global firm’s private equity business in 1994 and helped start Bain Capital Credit (then Sankaty Advisors) in 1998. Mugford, coming from a family of sisters, was the coxswain for the men’s crew team at Harvard University. At the time, it […]

Andrew Adams, Oak HC/FT, venture capital, healthcare, merger, m&a

Five Questions with Oak HC/FT’s Andrew Adams

Andrew Adams, co-founder and general partner of Oak HC/FT, leads the Greenwich, Connecticut, firm’s healthcare team. Adams formed Oak HC/FT alongside Annie Lamont and Patricia Kemp in 2014 as a spinout from Oak Investment Partners. The venture firm backs entrepreneurs, investing in early- to growth-stage tech-enabled companies in healthcare and fintech. Recent healthcare bets include […]

Andrew Adams, Oak HC/FT, venture capital, healthcare, merger, m&a
600 Views

Five Questions with Oak HC/FT’s Andrew Adams

Andrew Adams, co-founder and general partner of Oak HC/FT, leads the Greenwich, Connecticut, firm’s healthcare team. Adams formed Oak HC/FT alongside Annie Lamont and Patricia Kemp in 2014 as a spinout from Oak Investment Partners. The venture firm backs entrepreneurs, investing in early- to growth-stage tech-enabled companies in healthcare and fintech. Recent healthcare bets include […]

Clearlake Capital, Symplr, Veritas Capital, API Healthcare, merger, M&A, private equity
384 Views

Clearlake’s Symplr pays close to $300 mln for Veritas’s API Healthcare

Veritas Capital’s pending sale of API Healthcare to Clearlake Capital Group’s Symplr is valued between the high $200 million range and $300 million, according to two people with knowledge of the situation. Symplr, a healthcare-credentialing company, said Feb. 20 that it had agreed to buy API, becoming the workforce-management-software company’s third owner in less than […]

veterinary medicine, private equity, Quad-C Managment, JAB Holding, merger, M&A, healthcare
1283 Views

JAB sets high-water mark in vet M&A, takes victory lap for Quad-C’s Compassion-First

Quad-C Management appears poised to score a handsome return on Compassion-First Pet Hospitals, after JAB Holding unexpectedly outbid financial sponsors to take home the latest highly sought-after asset in animal health. JAB, which invests on behalf of Germany’s Reimann family, agreed to buy the network of specialty, emergency and general hospitals for a total enterprise […]