Sarah Pringle
The Boca Raton, Florida PE firm buys the primary care provider from Gauge Capital.
WindRose previously partnered with the industry exectuive when it made a majority equity investment in HealthHelp.
WHG represents the fourth platform investment out of Shore Capital Partners Fund III, a $293 million investment vehicle raised in April 2019.
Tomlinson Group, which first invested in the business in 2011, will retain a significant ownership stake in the company.
Clearlake Capital is buying nThrive's tech business and Sun Capital is acquiring Miami Beach Medical Group.
Sun Capital backs the second-largest primary care group serving the Medicare Advantage senior population in South Florida, underscoring the firm's continued push into growth-oriented healthcare investing.
Pamplona formed nThrive in 2015 when it married MedAsset's healthcare revenue cycle management business with existing platform Precyse.
With 16 acquisitions this year so far, the Dallas-based mid-market PE shop intends to build AEG into a 300-to-400 location eyecare platform.
How the outcome in the Georgia Senate runoffs could affect PE and Krieger launches a new healthcare services-focused M&A advisory firm Calex Partners.
The new M&A advisory firm will specialize in the autism, behavioral and retail healthcare subsectors.