Sarah Pringle
Leerink offers banking advice to company Specialty care management provider posts $20 mln-$25 mln EBITDA Chicago PE firm invested in NCH in 2010 Water Street Healthcare Partners is exploring the sale of New Century Health, a provider of value-based care management programs for the oncology and cardiology specialties, Buyouts has learned. Healthcare investment bank Leerink […]
Houlihan Lokey provides sell-side advice Florida company has six locations and two surgery centers Orthopaedic Institute generates EBITDA in the low teens Varsity Healthcare Partners is poised to be one of the first movers in the orthopedic-services segment as it nears a deal for the largest provider in the north central Florida region, Buyouts has learned. […]
SEC to maintain independence under Trump administration Agency acknowledges need to protect retail investors SEC to monitor capital call facilities, co-investments, fees and expenses Co-investment and capital call facility disclosures will remain top of mind when it comes to private equity enforcement by the SEC, the regional director for the agency’s San Francisco office said […]
Relationships and buy-and-build strategies remained key tactics in the third quarter among private equity groups eager to find and win good deals. By and large, experts characterized sponsor-driven activity as more of the same in Q3: record valuations, stiff competition and — nonetheless — highly motivated sponsors looking to deploy capital as the industry remains on […]
L Catterton-backed dental-implant provider ClearChoice Holdings LLC is on the auction block, according to three sources familiar with the matter. The company expects 2017 EBITDA of $50 million-plus. Goldman is offering sell-side advice.
Two jet air-ambulance companies are in the midst of sponsor-driven auctions. Beekman Group-backed REVA Inc is working with Harris Williams on a sales process, while Vistria Group-backed Angel Medflight is exploring a sale via Wells Fargo Securities, Buyouts has learned. REVA, the world’s largest dedicated provider of fixed-wing air-ambulance services, is projecting roughly $13 million of EBITDA in […]
The crumbling of Anthem Inc’s megadeal with Cigna Corp largely set the stage for the sale of HealthSun, the south Florida Medicare Advantage health plan and medical center network backed by Summit Partners. Anthem, the country’s second largest health insurance company, said Wednesday it would buy HealthSun from a Summit-led investor group. The deal is Anthem’s first since the […]
Autism Learning Partners is approaching a sale that sources expect will produce a big-ticket price for the provider of applied behavior analysis therapy for children with autism. ALP, backed by Great Point Partners, Jefferson River Capital and Scopia Capital Management, is receiving financial advice from Berkery Noyes & Co on the process, three of five sources […]
As Boston’s Bain Capital has illustrated on more than one occasion in recent months, a strategic angle has proved a key element as it emerged as the victorious bidder for healthcare software-as-a-service company ZirMed. The recently announced marriage of Bain’s Navicure and ZirMed, backed by prominent VC firm Sequoia Capital, undoubtedly creates a threat to […]
Blue Wolf Capital Partners is exploring the sale of Pharmaceutical Strategies Group, a provider of technology that helps companies manage drug spending, according to three sources familiar with the matter. Jefferies is financial adviser to the Plano, Texas, pharmacy-benefits consultant, Buyouts has learned. The process is in its early stages, sources said. As a hybrid healthcare IT […]