AGS Health, WindRose Health Investors, Altaris Capital Partners, software, healthcare, private equity, merger, M&A

AGS Health, PE-backed offshore RCM provider, weighs sale

Private equity-backed AGS Health, an offshore provider of healthcare revenue-cycle management to the U.S. healthcare market, is evaluating a sale, according to four sources. The company’s investors, WindRose Health Investors and Altaris Capital Partners, have enlisted Houlihan Lokey to advise on the AGS process, the sources said. First-round bids were due this week, two of […]

Integrated Medical Professionals, Cross Keys Capital, private equity, healthcare, urology, medical, private equity, merger, M&A

Sponsors circle urology-centric Integrated Medical Professionals

Integrated Medical Professionals, the largest urology-centric multispecialty group in the country, is seeking a PE partner as it looks to scale nationally, Buyouts has learned. Cross Keys Capital is providing financial advice to the Melville, New York, medical group, according to sources familiar with the matter. The sponsor-focused sales process is in its second round, […]

oxygen therapy, senior citizen, healthcare, medical

Quadrant eyes sale of QMES, medical equipment provider

Quadrant Management is exploring the sale of QMES LLC, the East Coast-concentrated distributor of oxygen-therapy products and other durable medical equipment, according to four sources. J.P. Morgan Securities is providing financial advice to the Oaks, Penn.-based company, the sources said. The process is in its late stages, sources indicated, though it remains unclear whether a […]


Five Questions with FFL’s Aaron Money on PE investment in autism-treatment

Aaron Money is a partner at FFL Partners, where he helps lead the San Francisco private equity firm’s investment efforts in healthcare services. Money serves on the boards of Autism Learning Partners, Interactive Health, WellStreet Urgent Care and Midwest Dental. FFL prevailed in the highly anticipated process for ALP in December, and investors’ entry into […]

M*Modal, medical transcription, healthcare, private equity, merger, M&A

M*Modal, medical transcription business, seeks buyer

M*Modal, whose voice-recognition technology helps doctors document and process patient data, is seeking a buyer, four sources told Buyouts. About four years after emerging from from Chapter 11 bankruptcy, the Franklin, Tennessee, medical transcription company has engaged Triple Tree to explore a sale, the sources said. M*Modal is being marketed off of an Ebitda figure […]

Avista Capital Partners, G&W Laboratories, dermatology, pharmaceuticals, healthcare, private equity, merger, M&A

Healthcare-focused Avista Capital buys G&W Labs’ dermatology business

Avista Capital Partners has struck a deal to purchase the extended topicals and dermatology business of G&W Laboratories, Buyouts has learned. G&W, which has remained family-owned and -operated since it was founded in 1919, will continue to operate its remaining businesses, including contract-manufacturing operations in Sellersville, Pennsylvania, and Lincolnton, North Carolina. For New York’s Avista, […]

LLR Partners, Learn Behavioral, autism, healthcare, private equity, merger, M&A

LLR’s LEARN Behavioral is up for sale in active autism-treatment segment

LLR Partners is evaluating the sale of LEARN Behavioral less than three years after investing in the provider of autism-treatment and educational services, according to several people familiar with the matter. Harris Williams is conducting the auction for LEARN, the people said, indicating the process kicked off in October. The Baltimore company is being marketed […]

Beecken Petty, healthcare, Preferred Homecare, merger, M&A

Beecken Petty evaluates sale of Preferred Homecare

More than a decade into its investment, Chicago’s Beecken Petty O’Keefe & Co is exploring the sale of Preferred Homecare/Lifecare Solutions, Buyouts has learned. Houlihan Lokey is providing financial advice to Preferred, the Mesa, Arizona, provider of respiratory-therapy products and services and other equipment to patients in their homes, sources familiar with the matter said. […]

Healthcare, senior care, nursing,, private equity, WayPoint Capital Partners, One Homecare Solutions

WayPoint Capital recaps One Homecare

WayPoint Capital Partners has recapitalized One Homecare Solutions, which coordinates infusion care, nursing services and delivery of durable-medical-equipment services in the homes of its member-patients, Buyouts has learned. The transaction comes after a Buyouts February report revealed that the privately held company had engaged Oppenheimer for a sponsor-driven sales process. The deal hasn’t been formally […]

Hospital, healthcare, private equity, merger, M&A

Leonard Green’s Prospect Medical heads back to market: sources

More than eight years into its investment, Leonard Green & Partners is exploring the sale of hospital chain Prospect Medical Holdings, according to four sources. The Los Angeles private equity firm has engaged Barclays to advise on a process, the sources said. Prospect denied claims of Barclays’s engagement. Representatives of Leonard Green and Barclays did […]

electronic medical record, healthcare, medicine, Vesey Street Partners, HealthChannels, Blackstone Group, TeamHealth

Vesey Street’s HealthChannels buys medical-scribe unit from Blackstone’s TeamHealth

Vesey Street Capital Partners-backed HealthChannels has agreed to acquire the medical-scribe business of Blackstone Group‘s TeamHealth, according to a person familiar with the situation. In a deal valued at $160 million, HealthChannels is buying PhysAssist Scribes. The deal comes about four years after physician-staffing firm TeamHealth, then public, acquired the business. The acquisition is the fifth […]

Rick Pleczko, Symplr, healthcare, software, private equity, merger, M&A, Pamlico Capital, Capstreet Group, Clearlake Capital Group

Clearlake buys healthcare SaaS company Symplr for about $550 mln

Clearlake Capital Group’s agreement to buy Symplr has assigned the provider of healthcare-credentialing software an enterprise value of about $550 million, according to a source familiar with the situation. The transaction comes about three months after Buyouts reported that Symplr, backed by Pamlico Capital and CapStreet Group, had hired William Blair to explore a sale. […]

senior care, senior citizen, healthcare, health

Providence Service Corp retains JPM for sales process

Providence Service Corp, whose businesses range from medical transportation to in-home health assessments for seniors, has engaged JPMorgan to explore a sale, three sources told Buyouts. Discussions with financial sponsors are in their early stages, sources said, noting that all options are on the table. Reuters was first to report Providence (Nasdaq: PRSC) was weighing a […]

dog, happy dog, vet, veterinarian

Woof! Waud launches Heart + Paw veterinary platform

True to its word, Chicago’s Waud Capital Partners is getting into the veterinary-care business through newly launched Heart + Paw. The growth-oriented middle-market PE shop has partnered with industry veteran Vincent Bradley, who will serve as CEO of the platform. Waud has committed $100 million of equity capital to support the Philadelphia platform. Heart + […]