KKR, private equity, healthcare, medical, M&A

KKR healthcare chief Momtazee to leave firm

By Sarah Pringle and Chris Witkowsky Longtime healthcare executive Jim Momtazee is departing KKR more than two decades after joining the global buyout firm, according to people familiar with the matter. Ali Satvat and Max Lin, already partners and senior leaders of the healthcare team, have stepped up to co-lead KKR’s healthcare efforts in the […]


Thoma Bravo seeks buyer for iPipeline

By Luisa Beltran and Milana Vinn Thoma Bravo has put iPipeline up for sale after nearly four years, seven sources said. IPipeline, which provides cloud-based software for life insurance companies, produces about $70 million to $90 million in Ebitda and is expected to sell for about $2 billion, sources said. Credit Suisse is advising on […]

private equity

On the Move, June 10, 2019: Siris taps Tracy Harris; Silver Lake names Karr, Intel’s Anderson

PRIVATE EQUITY FIRMS Crestline Investors appointed Michael Aingorn a managing director. He previously was a partner at American Industrial Partners. BelHealth Investment Partners promoted Jonathan Spero to vice president from senior associate. He joined the healthcare-focused PE firm in 2015. Siris hired Tracy Harris as a partner in IR and product strategy. She will help manage the firm’s relationships with LPs and prospective investors […]

private equity

On the Move, May 28, 2019:

PRIVATE EQUITY FIRMS Permira hired Tom Eggemeier as a partner. He’d been president of Genesys. Graycliff Partners named Gregory Olson an operating partner. Olson is former chief development officer at Ichor Systems. Cimbria Capital named Richard Seline a senior adviser. Currently, he is a managing partner at Resiliency Capital Partners and executive director and senior adviser for AccelerateH2O. Actis named Maureen E. O’Toole a managing director, leading the investor development […]

private equity

On the Move, May 13, 2019: Carlyle taps Goyal, Edgewater names Kapoor

PRIVATE EQUITY FIRMS Macquarie Capital named Mark Buchanan managing director and head of North American family office coverage. He’s a former managing director at BMO Financial Group. Macquarie also appointed Mark Padjen senior vice president. Carlyle Group: Pooja Goyal joins as partner and head of the renewable and sustainable energy team. Goyal most recently headed the alternative-energy investing group at Goldman Sachs. General Atlantic: Michael […]

Instamed, fintech, healthcare, private equity, merger, m&a

Instamed final bids due end of April

By Luisa Beltran and Sarah Pringle Private equity is still in the running for Instamed, the healthcare payments company that’s up for sale, sources said. Final bids for the Philadelphia company are due at the end of the month, one of the sources said. Instamed is expected to sell for $500 million to $600 million, […]

FTV Capital, VPay, payment technology, fintech, private equity, merger, M&A

FTV Capital’s VPay, healthcare e-payments firm, heads to auction block

By Sarah Pringle and Luisa Beltran FTV Capital is preparing to launch a sales process for VPay, whose e-payment services focus on medical providers and auto-repair shops, five sources said. The San Francisco and New York growth firm hired Raymond James for financial advice on a process, three of the sources said. FTV hopes to […]