Sarah Pringle
Healthcare investors tackle staff scheduling challenges, workforce violence
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 […]
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 […]
GPs get creative on dental deals
San Francisco’s Gryphon Investors is seeking a buyer for Smile Brands, one of the largest dental support organizations in the country, according to people familiar with the matter.
Tailwind Capital is bulking up its healthcare roster, hiring Change Healthcare M&A head Dan Bise as a managing director, according to a person familiar with the matter. Bise, poised to start at Tailwind later this year, will focus on healthcare, the person said. The move marks a return to private equity investing after about four-and-a-half […]
Lending to a sluggish pace of deal flow in Q3, financial sponsors are illustrating more aversion to risk and taking extra care to pick their spots in what remains an aggressive valuation environment. The fact that there hasn’t been a big shutdown in the financing market for a long time is top of mind, and […]
Marking its third U.S.-based healthcare investment, Cinven Partners has snapped up National Seating & Mobility for a total enterprise value of approximately $850 million, according to people familiar with the matter.
Great Hill and the evolution of employer benefit services
Mark Taber is managing partner at Great Hill Partners, where he leads the Boston growth-equity firm’s healthcare team. In recent activity, Great Hill in September invested in Pareto Health, which forms and manages employee benefit group captives, allowing self-insuring employers to band together to reduce healthcare costs. (In a self-insured plan the employer assumes all […]