Sarah Pringle
Onex, whose BrightSpring investment dates to 2004, to generate blended gross MOIC of 5.7x Sell-side advisers: Goldman, Guggenheim Competitor Civitas remains up for sale; shares drop ~2.4% Tuesday amid PharMerica announcement Onex Partners concluded its sales process for BrightSpring Health Services, agreeing to combine with KKR-backed pharmacy-services provider PharMerica. Terms weren’t disclosed, but the deal commanded […]
Integrated medical group operates 19 clinics Operates own MA plan, Kelsey-Care Advantage Ares in ’17 invested in Chicago group DuPage Kelsey-Seybold Clinic, a for-profit integrated healthcare organization in the greater Houston area, hired an adviser to weigh strategic alternatives in the coming year, Buyouts has learned. Evercore has been engaged to provide financial advice to […]
Investors: Peloton Equity, SV Health Investors DME company explored public debut in ’14 Rival QMES remains for sale via JPM-run process AeroCare, a private equity-backed provider of home respiratory therapy products and services, is gearing up for a sales process, according to three sources. Triple Tree has been engaged to advise the Orlando, Florida, durable […]
Vistria invests via Fund II, which closed on $872 mln Frontenac recapped opioid-treatment company in ’11 Sell-side adviser: Piper Jaffray Frontenac has agreed to sell Behavioral Health Group to fellow Chicago private equity shop Vistria Group, according to three people familiar with the matter. The transaction is poised to close in 2019, one of the […]
3 Rivers recapped PT company in November 2013 Expected to command Ebitda multiple around 12x Phoenix formed in 1997 Audax Group is nearing a deal to acquire Phoenix Rehabilitation and Health Services from 3 Rivers Capital, according to four sources. The expected deal would conclude a Cain Brothers-run sales process for the Blairsville, Pennsylvania, network […]
Serves education, employer, behavioral health markets Rethink raised >$12 mln through 4 rounds IVP invested in Rethink peer, CentralReach, this year Rethink First, whose best-practice software and tools support the various stakeholders involved in caring for those with developmental disabilities, is exploring a sale, according to four sources. The New York healthcare IT company, formerly […]
Deal provides exit for Sterling Partners, which backed Q-Centrix in January 2014 Data registry provider serves >500 health systems Chicago company’s revenue has grown at >25% annual rate in recent years TPG Growth has purchased Q-Centrix, a data solutions provider that helps hospitals manage information for quality improvement. The deal concludes a Houlihan Lokey-run sales process […]
Linden took SeraCare private for ~$82 mln in February ’12 KKR investment in LGC dates to December ’15 Sell-side adviser: Cain Brothers Linden Capital Partners generated an about 4x return through its sale of SeraCare Life Sciences, according to a source familiar with the matter. KKR said earlier this week it would buy SeraCare, a […]
Division encompasses >30 centers in 14 countries Cinven bought Bioclinica in ’16 in $1.4 bln deal Edwards tapped in February to head Bioclinica network CCBR, the clinical research site unit of Cinven-backed Bioclinica, is up for sale, according to four sources. Rothschild is providing sell-side financial advice on the process, some of the sources said. […]
ChoiceSpine is second healthcare deal for Altus Sell-side adviser: Quarton International Altus took MGC private earlier this year for ~$50 mln Manufacturing-focused Altus Capital Partners’ recent entry into healthcare may be a harbinger of more to come. The firm on Tuesday disclosed its acquisition of ChoiceSpine, the Knoxville, Tennessee, maker of specialized spinal implants, instrumentation […]