CORE Industrial expands 3D printing empire, Peak Rock snags Paragon Healthcare, GI Partners closes debut digital infrastructure fund on $1.8bn

Peak Rock is buying Paragon Healthcare and GI racks up $1.8 billion for initial digital infrastructure fund.

Welcome back!

We got some action to kick off the latter half of 2020.

Peak Rock Capital is buying Paragon Healthcare in a deal expected to value the company between $250 million and $275 million, writes Sarah Pringle on PE Hub.

Paragon has more than 35 infusion centers (IVCs), specialty pharmacies and support offices nationwide. The company focuses on infusible and injectable pharmacy services in the alternate site settings.

Read Sarah’s story here on PE Hub.

Top Scoops
CORE Industrial Partners-backed Fathom, a 3D printing service provider, added on GPI Prototype & Manufacturing Services. CORE built the platform through its acquisition of Midwest Technologies in 2018 and then added Fathom and ICOMold last year, writes Karishma Vanjani on PE Hub.

With the GPI Prototype acquisition, CORE closed three deals amid covid-19 and was able to complete due diligence for the new deal with in-person visits by the Fathom team. Read Karishma’s story here on PE Hub.

GI Partners closed its debut digital infrastructure fund on about $1.8 billion, which includes a commitment from the GP, I write today on Buyouts. The fund targets investments in data centers, telecommunication towers and fiber wiring. Read my story here on Buyouts.

Have a great day! Reach me with your thoughts, tips, gossip, whatever at cwitkowsky@buyoutsinsider.com, on Twitter or find me on LinkedIn.