Sarah Pringle
Deal equates to ~5.6 Ebitda multiple Sell-side adviser: JPM Competitor AeroCare remains up for sale BlueMountain Capital Management has led an about $250 million recapitalization of AdaptHealth, which distributes oxygen-therapy products and other durable medical equipment, according to people familiar with the matter. In connection with the recap, BlueMountain injected some $100 million into the Oaks, […]
Apax-led group bought predecessor in $6.1 bln LBO in ’11 Acelity is No. 1 advanced wound care company Apax in February sold Exact Software, AssuredPartners Apax Partners is poised to generate a more than 3x multiple of invested capital through the $6.7 billion sale of Acelity to 3M, according to a source familiar with the […]
May blooms with big exit for Apax, GA grows healthcare practice
Sell-side adviser: Moelis Follows transactions involving industry giants: Civitas, BrightSpring Blue Wolf and Peloton Equity announce formation of ClearSky Health, inpatient rehab platform Blue Wolf Capital Partners and Macquarie Principal Finance are nearing a deal for RHA Health Services, according to people familiar with the matter. The pair signed a letter of intent to […]
Offers home services to kids with complex conditions 18 locations in Texas and Colorado Varsity’s Emergency Care Partners merged with Ascension Los Angeles private equity firm Varsity Healthcare Partners made a growth-equity investment in home-health-services provider Angels of Care. Current management, including CEO Jessica Riggs, will continue to lead the company. Founded in 2000 by Bonnie West, […]
No formal process underway for healthcare SaaS company Conversations around possible IPO have also been held in past Bloomberg report says potential deal could value WayStar at $3 bln-plus Bain Capital has engaged financial advisers to weigh strategic options for healthcare revenue-cycle-management giant WayStar, according to people familiar with the matter. JP Morgan Securities and […]
GSMS investors: Frazier Healthcare, Goldman, NEA Preliminary indications of interest submitted California company serves gov’t agencies including VA, DoD Golden State Medical Supply, the largest supplier of generic pharmaceuticals to the country’s federal healthcare system, is evaluating a sale, according to four sources familiar with the matter. Cantor Fitzgerald and Guggenheim Securities are providing sell-side […]
Healthcare outbreaks: TPG gets behind drugmaking, others seek opportunities at HCIT-payer intersection
Sources: transaction valued north of $500 mln Both sponsors and strategics participated in Harris Williams-run process Memphis company is nation’s lgst provider of outsourced pharmacy services, followed by Cardinal Health unit NexPhase Capital generated an approximately 5x return on Comprehensive Pharmacy Services, according to a source familiar with the situation. Frazier Healthcare Partners said April 16 it […]
Q1 produced 586 closed & announced PE deals, down from 669 a year ago Financial sponsors are more sensitive to rising valuations Greater emphasis on recession-proofing portfolios Bracing for inevitable economic headwinds, financial sponsors are proving a little less willing to stretch on valuations as their sell-side counterparts remain eager to exit under still-favorable conditions. […]