Sarah Pringle

Golden Gate recaps Tidal Wave Auto Spa and Blackstone's HealthEdge snaps up Altruista Group from Martis Capital.

Altruista marks HealthEdge’s second significant and highly synergistic acquisition in 2020, following The Burgess Group

The San Francisco PE firm plans to accelerate growth at the car wash chain via organic efforts at existing sites, aggressive new unit expansion and an enhanced acquisition program.

Since Revelstoke’s investment in November 2017, ONsite has nearly tripled its footprint and annual exam volume.

Apax expects to produce a total Gross MOIC of approximately 4.2x and a Gross IRR of approximately 41 percent.

With the addition of Bayside Eye Center, Fort Myers Eye Center and Valentine Eye Care, US Eye operates 27 clinics and three surgery centers across the Southeast United States, positioning the company as one of the largest comprehensive eye care delivery systems in the nation.

The consumer education company's products are used in over 50,000 classrooms and by over 1.4 million users throughout the Netherlands, Belgium and Poland.

The Chicago private equity firm has three new platform investments pending, which are expected to close in early 2021, while a fourth exit is currently under LOI.

New Mountain is selling Sparta Systems to Honeywell for $1.3 billion.

Following Cedar Gate's acquisitions of Deerwalk and Citra Health this year, the healthcare IT platform sees more white space opportunity as value-based models of payment show resilience.