Sarah Pringle
Investment done through GTCR Fund XII, which closed on $5.25 bln Regatta evaluated ~12 deals before moving on Resonetics Previous medical device outsourcing deals for GTCR: Sotera, Devicor GTCR is prepared to mold another medical device outsourcing company of scale. The Chicago buyout firm through Regatta Medical – which it launched in April 2017 alongside industry […]
Sale to strategic buyer deemed more likely TruHearing, health plans partner to provide low-priced hearing aids Sorenson invested in TruHearing in 2012 TruHearing, the Sorenson Capital-backed hearing-aid-benefit manager, is on the auction block, five sources said. TripleTree is conducting the sales process for TruHearing, the sources said. Sorenson’s minority investment in TruHearing dates to December 2012. […]
Trivest invested in PPR through Fund V Piper Jaffray runs process for nurse-staffing firm PPR peer Medical Solutions scored ~$500 mln valuation in 2017 secondary buyout Trivest Partners is looking to exit its investment in travel-nursing agency PPR Talent Management, three sources said. A sales process for the Jacksonville Beach, Florida, company kicked off a while back, […]
Specializes in out-of-network revenue-cycle services Berkery Noyes offers sell-side advice to Collect RX Founded in 2006 by Chairman Don Greenberg, M.D. Collect RX, whose services help healthcare providers bolster reimbursements of out-of-network bills, is evaluating potential transactions, Buyouts has learned. The privately held payment-integrity business launched a sales process a couple weeks ago, sources familiar with […]
Trimaran Capital invested in company in 2004 ChanceLight: behavioral health; physical, occupational and speech therapy; education services Also for sale: Center for Autism and Treatment Disorders ChanceLight, whose programs range from therapy for autism-spectrum disorder to educational services to lower dropout rates, is exploring a sale, three sources said. The Nashville company is working with Moelis on […]
Ex-U. of Iowa prof formed company in 1987 with Baxter Strategics and sponsors could be contenders Summit invested in genomics-focused biotech in 2014 Integrated DNA Technologies, the rapidly growing life-sciences-tools provider that spun out of the University of Iowa 30-plus years ago, is exploring a potential sale, Buyouts has learned. The producer of genomics-based products for scientific research […]
K1 typically pays about 3.5x recurring revenue for B2B software assets Operations team key element of strategy Fundless sponsors’ big mistake: targeting big-name investors early on Emerging managers need more than a concrete niche thesis to succeed in hypercompetitive markets like business-to-business software, the CEO of K1 Investment Management said Friday. “In the late part of […]
TripleTree retained to advise on auction Company marketed off ~$20 mln in EBITDA Sequoia partnered with SCIO in 2007 SCIO Health Analytics, the Sequoia Capital-backed health-analytics firm, is back on the market, Buyouts has learned. Investment-advisory boutique TripleTree has the mandate to sell West Hartford, Connecticut-based SCIO, two sources said. While it is uncertain how far along […]
Beekman invested in jet-ambulance provider in 2012 Company held discussions with both sponsors and strategics Wells Fargo process for REVA peer, Vistria’s Angel Medflight, has yet to produce deal Beekman Group shelved its sales process for REVA Inc, choosing instead to pursue a potential recap of the jet air-ambulance company, Buyouts has learned. The Fort Lauderdale, Florida, company was […]
H.I.G. bought InterDent in 2012 from Levine Leichtman Harris Williams ran previous auction for DSO in 2015 Western-focused company has big Oregon Medicaid business H.I.G. Capital’s newly led InterDent, which offers dental-practice support services in much of the western U.S., is making a return to the auction block, Buyouts has learned. Moelis has been hired to […]