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Sarah Pringle

Lee Equity, Eating Recovery, healthcare, private equity, merger, M&A
First-round bids in the sales process for Lee Equity Partners’ Eating Recovery Center LLC were submitted late last week, two sources familiar with the matter told Buyouts. Second-round bids for the provider of eating-disorder-treatment services are likely to come in around mid-July, one of the people said, speaking on the condition of anonymity. About six […]
Guardian Insurance, Maurice Gordon, insurance, private equity
Sales of minority stakes are rarely truly “passive” There’s always implicit or explicit pressure to grow Funds are getting too big too quickly Sales of minority stakes by general partners almost always cause PE firms to lose an element of control, according to Maurice Gordon, managing director and head of private equity for Guardian Insurance Co […]
Dental Health Options, a private equity-backed dental-insurance provider, is working with Cain Brothers to explore a sale, four sources familiar with the matter said. The Hammond, Kennedy, Whitney-backed company is projected to generate adjusted EBITDA of almost $9 million on close to $64 million of revenue in 2017, two sources said. In comparison, Dental Health […]
Three financial buyers are vying for Bristol Hospice in the late innings of its sales process, Buyouts has learned. Finalists for the hospice-care-services provider include H.I.G. Capital, another sponsor and a PE-backed platform, one of three sources familiar with the situation said. Edge Healthcare Partners is offering financial advice to Bristol, a subsidiary of closely […]
Primus Capital is looking to exit its nearly decade-long investment in MedHost, the provider of healthcare information management systems and patient engagement services, four sources familiar with the matter told Buyouts. William Blair scored the mandate to advise on a process for the Franklin, Tennessee, company, three of the sources said. MedHost generates EBITDA in […]
MidOcean Partners acquired a majority stake in newly created dental-services organization Affinity Dental Management Holdings. The deal is being done in partnership with management of the New England-focused group, as well as certain founders of affiliated practices. Craig Saltzman, founder of Western Mass Endodontics, a provider of specialty and general dentistry services across the Northeast, will […]
Francisco Partners is seeking a buyer for Therapeutic Research Center, a provider of evidence-based drug-therapy information that helps doctors stay informed and make decisions when treating patients, four sources told Buyouts. The sellers have retained William Blair to advise on the sales process, two of the sources said. Technology-focused private equity group Francisco completed its “strategic […]
Having nearly sealed a deal a year ago to sell Jordan Health Services, Palladium Equity Partners is gearing up to take the home-care and hospice provider back to market for a third time, Buyouts has learned. The firm has not selected a financial adviser to conduct a sales process for the Texas company, but it’s […]
First-round bids for Clearview Capital’s St. Croix Hospice are due this week, according to two sources familiar with the matter. Healthcare-focused investment bank Cain Brothers is lead financial adviser on the sales process for the Midwest-concentrated provider of hospice-care services, while healthcare boutique advisory firm Triple Tree is co-advising, Buyouts has learned. The process for […]
Audax Private Equity prevailed in the auction for Altasciences Clinical Research, one of the largest independent providers of services that support early-phase drug development for biotech and pharma companies. The seller is Toronto sponsor Kilmer Capital, which took its initial majority stake in Algorithme Pharma in 2007. The company bulked up in May 2013 through its acquisition […]

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