healthcare, private equity, merger M&A, Thompson Street Capital Partners, Firma Clinical Research

Thompson Street’s Firma Clinical Research hits auction block

Thompson Street Capital Partners has kicked off a sales process for Firma Clinical Research, which brings patient studies to the home and offers various data-driven clinical-research services, three people with knowledge of the matter said. Lincoln International is offering sell-side advice to the contract research organization, the people said. Firma, with offices in Chicago and […]

Lightyear Capital, Bank of America, Alegeus, healthcare, private equity, merger, M&A
224 Views

B of A advises Lightyear’s Alegeus

Lightyear Capital’s Alegeus is working with B of A Merrill Lynch on its sales process, according to three sources. Buyouts reported earlier this month that the consumer-directed healthcare payment and processing firm was on the auction block. It was unclear at the time which firm or firms were advising on the process. As previously reported, […]

Aspire Health, venture capital, Oak HC/FT, GV, BlueCross BlueShield Venture Partners, Sandbox Industries.
260 Views

VC-backed Aspire Health weighs strategic options

Venture-capital-backed Aspire Health, which manages in-home end-of-life care for individuals facing serious illness, is exploring strategic alternatives, four sources said. Goldman Sachs is financial adviser to the Nashville palliative-care provider, the sources said. Aspire as early as January engaged in on-and-off discussions with strategic buyers, including health insurers, one source said. One possible outcome of the process […]

Aspire Health, venture capital, Oak HC/FT, GV, BlueCross BlueShield Venture Partners, Sandbox Industries.
732 Views

VC-backed Aspire Health weighs strategic options

Venture-capital-backed Aspire Health, which manages in-home end-of-life care for individuals facing serious illness, is exploring strategic alternatives, four sources said. Goldman Sachs is financial adviser to the Nashville palliative-care provider, the sources said. Aspire as early as January engaged in on-and-off discussions with strategic buyers, including health insurers, one source said. One possible outcome of […]

Cardinal Health, naviHealth, healthcare, private equity, merger, M&A
2270 Views

Sponsors vie for Cardinal Health’s naviHealth

Cardinal Health is exploring the sale of naviHealth, its post-acute-care coordination business, according to four people with knowledge of the matter. Allen & Co is providing financial advice on what has been a sponsor-focused process for the unit, the people said. The process is in its second round and has narrowed to three or four private […]

Photo courtesy of frankreporter/E+/getty images
959 Views

Pamplona healthcare exec Gelber leaves firm

Jeremy Gelber has departed from Pamplona Capital Management after helping lead the private equity firm’s healthcare efforts for close to five years, according to people familiar with the matter. Gelber, who left his role as a partner at Pamplona earlier this month, joined New York investment firm Centerbridge Partners, the people said. Gelber will head […]

South Florida ENT Associates, otolaryngology, medicine, healthcare, private equity, merger, M&A
510 Views

Sponsors circle South Florida ENT as process kicks off

South Florida ENT Associates, one of the nation’s largest physician groups specializing in ear, nose and throat treatment, is exploring a sale, Buyouts has learned. Deloitte is conducting a sponsor-focused sales process for the physician-owned company, five sources familiar with the matter said. Initial bids for the Miami Lakes, Florida, asset were submitted last week, one […]

parents, child
439 Views

For PE-backed pediatric-home-care giant Aveanna, Premier is just the beginning

Aveanna Healthcare, the pediatric-focused home-care giant formed in early 2017, had been intent on buying one particular company if and when it got the chance. That is: Premier Healthcare Services, the segment’s largest player in California. “We knew going into the strategic process that it was a deal we wanted to win … and we wanted […]

917307626
549 Views

Brockway Moran’s urgent-care platform MD Now seeks sale

Brockway Moran & Partners is in the midst of a sales process for MD Now, the urgent-care network that dominates much of the South Florida market, according to five sources. Houlihan Lokey is offering sell-side advice on the auction, some of the sources said. The West Palm Beach, Florida, company generated trailing 12-month Ebitda of […]

GTCR, Ben Daverman, healthcare, private equity
983 Views

Five Questions with GTCR healthcare executive Ben Daverman

Ben Daverman is a managing director at GTCR, where he helps lead the Chicago firm’s healthcare efforts. Daverman holds various board directorships, including at GTCR portfolio companies Albany Molecular Research, Maravai LifeSciences, TerSera and XIFIN. GTCR in October closed its 12th buyout fund, collecting $5.25 billion. How has GTCR’s strategy in healthcare evolved over the […]

Lightyear Capital, Alegeus, fintech, healthcare, payment processing, private equity, merger, M&A
1554 Views

Lightyear puts Alegeus on the auction block

Lightyear Capital is exploring the potential sale of Alegeus, a consumer-directed healthcare payment and processing firm, according to four sources. The process is expected to produce a sale to a strategic, having drawn interest from both healthcare IT and fintech players, two sources said. Lightyear’s investment in Alegeus dates to August 2012, when it purchased […]

Warburg Pincus, Summit Partners, Abry Partners, Frontier Capital, private equity, venture capital, telemedicine, healthcare
400 Views

Why PE could soon dial into the hype around telemedicine

While venture capital has already begun to swoon over telemedicine, the market has remained largely untouched by the private equity community. But at least some industry sources suspect the tide may soon be shifting as different ends of the market begin to appreciate the value of virtual diagnosis and treatment. Simply put, it’s another tool […]

Community Pharmacy Partners, drugstores, healthcare, retail, opioid, private equity, merger, m&a
276 Views

Community Pharmacy Partners, focused on substitutes for opioid painkillers, runs sales process

Community Pharmacy Partners, the specialty pharmacy network focused on alternatives to prescription opioids to treat pain, is weighing a sale, Buyouts has learned. Stifel is offering sell-side advice to the privately held company, according to people familiar with the matter. Founded in 2014 in response to the opioid epidemic, CPP focuses on site-specific topical medications to treat patients’ […]

NexPhase Capital, Andy Kieffer, healthcare, private equity, merger, M&A
553 Views

Five Questions with NexPhase Capital’s Andy Kieffer

Andy Kieffer is a partner with NexPhase Capital, the New York PE shop whose members spun out of Moelis Capital Partners in 2016. Kieffer helps lead the firm’s healthcare efforts, including its recent investments in Synergy HomeCare, a franchiser of nonmedical senior home care, and Clearway Pain Solutions, a provider of interventional pain-management services. Has NexPhase’s approach […]

Novasep, pharmaceuticals, chemicals, France, private equity, merger, M&A
323 Views

Novasep, French pharma-services company, is on the block

Novasep, the French provider of contract manufacturing and development services for drugmakers and chemicals companies, is exploring a sale, according to three people with knowledge of the matter. The Lyon company is working with Lazard on a sales process, the people said. The process comes about six years after France’s Strategic Investment Fund, Fonds Stratégique […]