Home Authors Posts by Sarah Pringle

Sarah Pringle

Healthcare dealmaking has seen no summer slowdown. With healthcare-services transactions accounting for what PitchBook says is almost two-thirds of the more than 300 PE-backed deals through Aug. 8, the amorphous segment called pharma services has been a standout. The demand for such services continues to be fueled by drug makers, which are eager to deploy […]
Oak Hill Partners has tapped a pair investment banks to explore the sale of AccentCare Inc after successfully turning around the home-health-services company it scooped up about seven years ago, according to three sources familiar with the matter. The Menlo Park, California, PE firm hired JP Morgan Securities and Harris Williams to sell the company, but […]
Avista Capital Partners, Envigo International, veterinary, private equity, merger, M&A
Avista-sponsored SPAC buys Envigo Avista Capital owns Envigo peer MPI Research Preclinical contract services market has consolidated to 4 players of scale Avista Capital Partners’ ties to the nonclinical contract-research-services market extend well beyond Envigo International Holdings Inc, which this week was purchased by the healthcare SPAC founded by the firm’s execs. Besides an affiliation […]
Summit Partners is exploring the sale of MDVIP Inc, the country’s largest provider of so-called concierge medicine, Buyouts has learned. The Boston investor has owned the provider of customized healthcare services on two separate occasions. Summit first invested in MDVIP in 2004, eventually selling the Boca Raton, Florida, company to consumer-products giant Procter & Gamble […]
Webster Capital, having reaped a handsome return on its recent sale of pediatric home-health company Epic Health, is shifting its attention to treatment for patients suffering life-limiting illnesses. The Waltham, Massachusetts, private equity firm has signed a letter of intent to acquire Bristol Hospice, a subsidiary of closely held senior-care provider Avalon Health Care, Buyouts […]
Comprehensive Eye Care, a newly formed vision-care provider in the Southwest, has selected a private equity partner, four sources familiar with the situation told Buyouts. Four separate businesses are being combined to create the Nevada-concentrated platform, which will represent the largest provider of ophthalmic-services in the state, two of the sources said. The identity of the […]
While KKR & Co’s involvement in billions of dollars of combined healthcare deal activity was revealed in a single day last week, the groundwork for at least two acquisitions dates back several years, a partner at the firm said. In the largest of the transactions, KKR-backed Air Medical Group Holdings bought American Medical Response, the […]
Ontario Teachers’ Pension Plan is close to sealing a deal for Northeast Dermatology Associates, according to people familiar with the matter. The transaction would mark the conclusion of a Browns Gibbons Lang-run process that got underway about four months ago. The auction for the New England dermatology group drew significant interest from sponsors, sources said. […]
A recently proposed rule by the Centers for Medicare & Medicaid Services to overhaul the home-health-payment system could affect sponsors looking to unload providers over the next several months. How the federal agency’s rule could affect different types of providers is highly uncertain, though industry sources expect clarity by year’s end. Still, it’s fair to […]
The contract-sales business of Quintiles IMS is fielding looks from a limited group of sponsors and strategics, three sources told Buyouts. Quintiles, Danbury, Connecticut, is projecting the contract-sales business will generate adjusted EBITDA of about $60 million to $65 million in 2017, the people said. The unit is projected to generate just shy of $800 […]
pehub
pehub

Copyright PEI Media

Not for publication, email or dissemination