Sarah Pringle
Company: Rocla Concrete Tie Financial adviser: Robert W. Baird Legal adviser: Benesch Friedlander Coplan & Aronoff Buyside Counsel: Freshfields Bruckhaus Deringer US WHY THEY WON 4.5x gross MOIC 57.9 percent gross IRR Grew EV by over 2.5x Ebitda and revenue growth about doubled Altus Capital Partners’ bet on how the rail-infrastructure market is evolving boded well for […]
Golub recently completed $1 bln financing with NEA’s Radiology Partners Lender wins deals through relationship-lending model Firm has deployed >$7 bln in healthcare to date Sponsors need certainty in today’s hypercompetitive market, and for Golub Capital, delivering certainty comes largely through cementing relationships and the flexibility to craft full financing solutions. Reflective of that, more […]
Company posts $14 mln – $15 mln of Ebitda Parthenon formed Abeo in 2008 Other recent RCM M&A: Intermedix, Bolder Healthcare Parthenon Capital is exploring the sale of Abeo, the specialized anesthesia revenue-cycle-management firm it created about a decade ago, four sources told Buyouts. Houlihan Lokey has been retained to advise Abeo, the sources said, […]
2016 recap valued Sarnova at ~$560 mln Water Street’s investment dates to 2008; Talisman became largest shareholder in 2016 Harris Williams offered sell-side advice Sarnova has found itself another owner just two years after Water Street Healthcare Partners handed over a majority stake to Talisman Capital Partners. Patricia Industries, a subsidiary of Sweden’s Investor AB, said Monday […]
Sell-side adviser: Perella Weinberg; Buy-side adviser: Jefferies Summit unloaded investment in Ability Network through $1.2 bln deal days earlier IDT, founded in Coralville, Iowa, is 2nd Iowa life sciences company to trade hands this week Danaher Corp on March 9 surfaced as the winning bidder for the highly sought after Integrated DNA Technologies. Terms weren’t disclosed, but […]
Chicago PE firm formed company through merger transaction in 2014 Company manages > 500 employer-sponsored health and wellness centers Water Street brought New Century Health to mkt in 2017 Water Street Healthcare Partners is exploring the sale of Premise Health, the worksite-health and patient-engagement company it formed about four years ago, two sources told Buyouts. Harris Williams has […]
Company purchased for ~6x the asset’s $12 mln in 2017 Ebitda Webster owns two other healthcare staffing companies: Cirrus Medical, PharmaLogics Webster-backed BayMark last week acquired CATC, becoming largest opioid-treatment provider Webster Capital is buying its third healthcare staffing investment in just over a year. The Waltham, Massachusetts, PE firm said March 6 it purchased Emerald Health […]
Ontario provider generated ~$13 mln adjusted ’17 Ebitda BMO offered sell-side advice BayMark takes No. 1 spot in opioid-treatment industry Webster Capital-backed BayMark Health Services purchased one of the largest networks of opioid-treatment clinics north of the border, Buyouts has learned. BayMark, Lewisville, Texas, acquired Canadian Addiction Treatment Centers, which operates 70-plus clinic locations throughout Ontario, […]
LPs talk about ways to ask about sexual harassment lawsuits PE hasn’t had a true headline-grabbing harassment revelation Many such cases go to arbitration Where is private equity’s “Me Too” moment? The venture capital world has been rocked with revelations of sexual harassment and bad behavior by venture GPs. That includes Justin Caldbeck, co-founder of VC […]
Potential transaction would mark first sponsor platform in podiatry specialty Extremity led by CEO and founder David Helfman Company marketed off of ~$8 mln in adjusted Ebitda Extremity Healthcare, the largest podiatry-centric platform in the country, is in the midst of a sponsor-driven sales process, according to four sources. Lincoln International is conducting the auction for the […]