Sarah Pringle
Sell-side adviser: Piper Jaffray Tennessee company raised ~$36 mln in funding K1 invests in lower-middle-market software companies K1 Investment Management quietly purchased healthcare-communications company PerfectServe this year, Buyouts has learned. While the transaction has not been formally announced by the parties, it was noted in a financial release by venture-debt-finance company Hercules Capital. Two people had […]
Tennessee company founded by ex-SunCrest execs WindRose, formerly MTS Health Investors, backed myNEXUS in October 2014 myNEXUS partners with payers to curb post-acute care costs MyNEXUS, which works with payers to help coordinate and rein in the costs of home care, is gearing up for a sales process, four people familiar with the matter said. […]
ECP serves 11 hospital emergency departments across Louisiana LA firm invested in musculoskeletal care platform Orthopaedic Institute Varsity invests out of Fund II, which collected $300 mln in Jan. ’17 Varsity Healthcare Partners is making a push into emergency medicine by creating a new platform company: Emergency Care Partners. The Los Angeles PE firm completed a […]
Sales process expected to launch later this fall Searchlight Capital and Silver Point joined L Catterton as investors in ’17 PatientPoint competes with Outcome Health, the Chicago startup on the recovery from allegations of fraud last fall PatientPoint, the fast-growing provider of point-of-care healthcare advertising and educational content, is gearing up for a sale, four […]
Onex investment dates to 2004 Company serves complex populations: the disabled, elderly, at-risk youth Kentucky company reportedly weighed sale in 2014 Onex Partners is exploring the potential sale of BrightSpring Health Services, which offers various home- and community-based care services to the nation’s most in-need populations, according to people familiar with the matter. The Louisville, […]
KKR Healthcare Strategic Growth Fund collected $1.45 bln in November ’17 San Francisco startup founded in 2015 Clarify represents seventh investment out of HCSG KKR has struck its first healthcare IT investment through its strategic growth fund, and one executive of the firm is hinting more such deals are poised to follow. The firm announced Monday […]
Since 2009, 23 of CD&R’s 38 deals have been partnerships CD&R allows Cardinal to share capital burden, operational risk in naviHealth Deal underscores industry themes: value-based care, cost and quality management, payer-provider integration Clayton, Dubilier & Rice’s partnership deal for Cardinal Health’s naviHealth underscores how a rapidly changing healthcare landscape is creating interesting opportunities for […]
Cinven bought Medpace from CCMP for $915 mln in ’14 CRO raised $161 mln in Aug. ’16 IPO PE firm’s healthcare portfolio: Bioclinica, Stada Synlab Cinven has unloaded its remaining stake in Medpace 4 1/2 years into its initial investment, generating a 3.5x return, according to a source. The European private equity firm, following a […]
BX combined ReAble and DJO in $1.6 bln ’07 deal Transformation plan to drive 7-10 pct cost savings by year-end DJO: $313 mln adjusted Ebitda for year ended June 30 Blackstone Group is evaluating the sale of DJO Global more than a decade after investing in the provider of everything from knee braces to reconstructive […]
Deal value: $1.74 bln FSAC looked at >300 healthcare opportunities prior to UHS deal SPAC raised $460 mln in July ’17 Thomas H. Lee Partners’s purchase of Universal Hospital Services represents a new tack for the private equity firm, as the deal marks the first done through a blank-check company. “The evolution of the SPAC […]