William Blair, Pamlico Capital, CapStreet Group, healthcare, software, private equity, merger, M&A
1585 Views

Symplr, PE-backed healthcare-credentialing company, heads to auction block

Symplr, the private equity-backed provider of healthcare-credentialing software, is gearing up for a sale, five sources told Buyouts. William Blair has been engaged to advise the Pamlico Capital– and CapStreet Group-backed company on a process, sources said. The auction is expected to be a broad one, encompassing sponsors and strategics, they said. While marketing materials […]

Gastroenterology, private equity, healthcare, medicine, Waud Capital, Texas Digestive Disease Consultants, Nexus Health Capital, Atlanta Gastroenterology Associates, merger, M&A
1051 Views

Waud Capital in talks to buy Texas Digestive Disease Consultants: sources

Waud Capital is in talks to buy founder-run gastroenterology group Texas Digestive Disease Consultants, three sources familiar with the matter said. The anticipated transaction would conclude what sources have described as both a highly competitive and broad sales process for TDDC, which dubs itself the largest independent GI specialty group in the country. Buyouts initially reported […]

UpScript Health, pharmacy, retail, healthcare, private equity
657 Views

Digital pharmacy UpScript Health gears up for sale

UpScript Health, whose online services help patients get their medications faster and easier, is headed to the auction block, Buyouts has learned. Berkery Noyes has been engaged to advise the Scottsdale, Arizona, direct-to-consumer digital pharmacy, with a process expected to launch later this summer, the people said. The expected process comes on the heels of […]

Celmatix, fertility, women's health, healthcare, private equity, merger, M&A, venture capital
126 Views

Fertility-prediction startup Celmatix seeks funding

Celmatix, the health-tech startup that uses big data to improve reproductive medicine, is seeking a round of financing, Buyouts has learned. The women’s-health startup has turned to Jefferies for financial advice on the capital raise, people familiar with the matter said. The process is expected to launch imminently, one of the people said. Celmatix works […]

Celmatix, fertility, women's health, healthcare, private equity, merger, M&A, venture capital
313 Views

Fertility-prediction startup Celmatix seeks funding

Celmatix, the health-tech startup that uses big data to improve reproductive medicine, is seeking a round of financing, Buyouts has learned. The women’s-health startup has turned to Jefferies for financial advice on the capital raise, people familiar with the matter said. The process is expected to launch imminently, one of the people said. Celmatix works […]

Frontenac, Behavioral Health Group, opioid, addiction treatment, private equity, merger, M&A
808 Views

Frontenac’s Behavioral Health Group gears up for auction

Chicago’s Frontenac is bringing Behavioral Health Group to market about seven years into its investment in the opioid-treatment-network, according to three people familiar with the matter. Piper Jaffray has been engaged to advise the company on a sales process, the people said. The process is expected to launch later this month, one of the people […]

Mike Hogan, Harris Williams, TwinBrook, Garrett Ryan, Jeremy Holland, Riverside Company, Justin Ishbia, Shore Capital,
374 Views

Q2 M&A: Deal pace unabated as firms navigate frothy market

The economy is proving resilient and sponsor-driven M&A shows no indication of a slowdown, as buyers prove willing to pay up for assets they believe in. “While we may be in the 8th inning, this 8th inning may last another three years, and people are not in the business of sitting on the sidelines,” Mike […]

Preqin, private equity, mergers, M&A
194 Views

Healthcare carries Q2 global buyout activity: Preqin

A frothy market didn’t stop sponsors from putting huge sums to work in healthcare in Q2. In fact, dealmaking in the sector resurged in the period, producing nearly a quarter of total PE-backed deal value globally, Preqin reported this week. One megadeal in particular propped up total deal value: KKR’s $9.9 billion take-private for physician-staffing giant […]

Independent Living Systems, healthcare, private equity, venture capital
476 Views

Independent Living Systems seeks recap

Independent Living Systems, which brings customized meals to seniors in their homes and offers care-management services to keep patients out of the hospital, is pursuing a recapitalization, Buyouts has learned. Moelis is offering financial advice to the founder-owned company, according to three people familiar with the matter. The Miami company is being marketed off Ebitda […]

dentistry, private equity, New Mountain Capital, Western Dental, merger, M&A
1199 Views

New Mountain Capital’s Western Dental braces for a sale

New Mountain Capital is exploring the sale of dental-services giant Western Dental & Orthodontics, according to people familiar with the matter. Deutsche Bank and Moelis have been engaged to advise the Orange, California, company on a sales process, the people said. Western Dental is expected to generate north of $100 million in 2018 Ebitda, one of […]

Tony James, Blackstone, private equity, life sciences
1035 Views

Blackstone gears up to launch dedicated life sciences fund

Blackstone is the latest private equity giant looking to distinguish itself with a specialized effort in healthcare. The sponsor is gearing up to launch a new fund devoted to life sciences, Executive Vice Chairman Tony James said at Buyouts Insider’s PartnerConnect Midwest conference in Chicago. “There is an explosion of technology coming out of labs […]

Water Street Healthcare Partners, Omers, private equity, Canada, Premise Health,
1305 Views

OMERS prevails in auction for PE-backed Premise Health

OMERS Private Equity has claimed victory in the hotly contested auction for Water Street Healthcare Partners’ Premise Health, five sources familiar with the matter said. The anticipated deal for the provider of employer-sponsored health centers is said to have commanded a valuation of close to $1.1 billion. That equates to a mid-teens multiple of the […]

1118 Views

Francisco Partners’ NexTech weighs a sale

Francisco Partners is exploring the sale of NexTech, a specialty-specific provider of electronic medical record software, according to four people familiar with the matter. The auction is being conducted by Aeris Partners, the people said. The process is in its initial stages, one of the people said, while another said indications of interest were submitted […]

Transparency Health, TractManager, private equity, healthcare
559 Views

Former TractManager execs launch healthcare IT investment vehicle

A team of former TractManager executives are looking to leverage their operational expertise to create something of a new life form in healthcare-IT investing. Co-Founding Partners David Paschall, Rebekah Sharpe and John Riley have launched Transparency Health out of Chattanooga, Tennessee. The executives in April left TractManager, an Arsenal Capital Partners-backed company that optimizes strategic […]