Sarah Pringle
Berkery Noyes hired as sell-side adviser Auction to kick off after JPM Healthcare Conference FFL in December bought Autism Learning Partners in $270 mln-plus deal Center for Autism and Related Disorders, the nation’s largest provider of autism-treatment-services, is headed to the auction block, Buyouts has learned. The Woodland Hills, California, company has retained Berkery Noyes & […]
Colorado company commands 14x to 15x multiple of Ebitda Shore injected ~$10mln in Stepping Stones in 2014 Post expected to make ~6.5x on sale of rival Invo Shore Capital Partners‘ sale of Stepping Stones Group produced an about 7x return for the Chicago PE shop, Buyouts has learned. The buyer of the provider of school-based […]
Recent activity could propel Amedisys to strike deal Oak Hill auction for AccentCare nears conclusion; Palladium process for Jordan Health under way Largest sponsor-backed hospice companies: THL’s Curo and Audax, Formation’s Hospice Compassus The leveraged buyout of Kindred Healthcare and the fusion of LHC Group and Almost Family could incentivize some to pull the M&A […]
Activist-pressured strategic buyers Mednax, Envision explore sales NEA, Great Point, Excellere among few investors in the sector today Risks: challenging reimbursement environment and physician comp structure It may be the perfect window of opportunity for private equity to make a run at radiology groups. To date, radiology has remained a vertical that PE — with a […]
Jefferies ran narrow auction for PetCor Investor eyes may shift to PE-backed VetCor Seller OTPP bought company 3 years ago in reported $440 mln deal KKR is buying PetVet, a deal that ought to fuel even more sponsor interest in the growing pet-care universe. The deal comes about three years after Ontario Teachers’ Pension Plan bought its […]
2017 highlights: Bain-Toshiba, Sycamore-Staples, New Mountain-VWR $184 bln of disclosed PE deal value in 2017 Preempted auctions on the rise; debt markets drive valuations higher The music has yet to stop for dealmakers, as buyers and sellers pull out all the stops to find and win good transactions in a historically high-price environment. “We’re not […]
Top deal of 2017: TPG, WCAS and Humana’s $4.1 bln deal for Kindred Healthcare Broad range of subsectors see significant dollar volume Notable investors include: KKR, TPG, Bain, Pamplona, New Mountain Capital, Carlyle and Softbank A competitive and pricey market didn’t stop the private equity community from writing big equity checks in the healthcare sector during […]
Selling shareholders: Jefferson River Capital, Scopia Capital Management & Great Point Partners ALP to generate >$16 mln in 2017 adj. Ebitda Sources: Summit-CARD deal never closed The highly anticipated auction for Autism Learning Partners has concluded, commanding north of $270 million through a sale to FFL Partners. The transaction represents the vertical’s largest-ever sponsor deal, […]
MedRisk commands >14x EBITDA multiple Carlyle evaluated previous worker’s-comp opportunities Carlyle also won Spectrum’s Net Health this week Less than two years into its investment, TA Associates is exiting MedRisk via a sale to Carlyle Group, a deal that values the specialized managed-care company north of $1 billion, Buyouts has learned. Through its $13 billion Fund VI, Carlyle […]
Sellers demand more counterparty knowledge Intermediaries provide more info to buyers in data rooms VIP or gold-card auctions grow increasingly common As demand for quality assets continues to outweigh supply, a hypercompetitive market is also changing the way sponsors are buying and selling companies. “There’s a lot of focus and conversation around how to best navigate […]