Sarah Pringle
New York firm’s CPS investment dates to 2012 NexPhase members spun out of Moelis Capital in ’16 Investments: Synergy HomeCare, Clearway Pain NexPhase Capital is gearing up to launch a sales process for Comprehensive Pharmacy Services, which helps hospital pharmacies drive down drug costs, Buyouts has learned. Harris Williams has been engaged to advise the […]
Cressey acquired majority stake in December 2011 InnerChange: 7 residential treatment programs PE firm closed Fund VI at $950 mln in June Cressey & Co has exited its investment InnerChange, a provider of residential mental-health treatment, Buyouts has learned. While the firm has not formally announced the transaction, the Chicago private equity firm no longer lists InnerChange […]
Sell-side advisers: B of A, Triple Tree Strategics in the mix: HealthEquity, Wex Company helps administer healthcare-benefit accounts Vista Equity Partners prevailed in the highly-anticipated auction for Alegeus through a deal that multiple sources said valued the consumer-directed healthcare payment and processing firm north of $750 million. The seller is financial-services-focused PE firm Lightyear Capital, which […]
Summit, GSO launched platform in ’06 with former AmeriPath execs Debt, reimbursement cuts pressured company in past years WSJ: UBS hired to run ’16 sales process Aurora Diagnostics, the Summit Partners– and KRG Capital– backed anatomic-pathology-services and cancer-diagnostics company, is back in the market, four sources told Buyouts. The Palm Beach Gardens, Florida, company has […]
JP Morgan, Triple Tree advise GoodRx Company plans to look beyond prescription-drug savings Reported $2.8 bln valuation GoodRx has gained another backer, selecting Silver Lake Partners to join its investor base, following discussions over the summer that sources said took place with both financial and strategic buyers. The tech-focused investor joins Francisco Partners and Spectrum Equity, […]
Healthcare PE firm invested in NextCare in ’10 via Fund I Arizona company operates ~140 walk-in urgent care clinics Recent segment activity: Brockway Moran’s MD now sale Enhanced Equity is in the midst of its latest sales process for urgent-care provider NextCare, according to three sources. The sellers have turned to JP Morgan for financial […]
Brockway Moran invested in MD Now in ’12 via Fund III Florida PE firm left with three investments in final fund Deal concludes Houlihan Lokey-run auction Brockway Moran & Partners is making more than 4x its money through its sale of MD Now, a source said. Middle-market PE shop Brentwood Associates acquired the South-Florida-concentrated urgent-care network, […]
Why this is important: Raising a first-time fund is hard. Emerging managers need all the advice they can get from LPs. You need to go all in if you want to shine through as an emerging manager in today’s hyper-competitive environment. “We look for people that are all in with skin in the game,” Ethan […]
West bought Health Advocate for $256 mln in 2014 Company founded 2001 by 5 former Aetna execs Strategics and PE in mix for patient-advocacy company West Corp is exploring the sale of its patient-advocacy unit, Health Advocate, less than a year after Apollo Global Management completed its take-private of the company largely known for its conference-call […]
Black Diamond bought CDI in ’12, merged it with Insight CDI is largest provider of outpatient imaging services in U.S. after publicly traded RadNet Sell-side adviser: Jefferies Center for Diagnostic Imaging, the country’s largest privately owned diagnostic-imaging company, is exploring a sale, according to people familiar with the matter. The sales process for the Black […]