News and Analysis

Blackstone has closed its previously announced acquisition of a majority stake in HealthEdge, a provider of healthcare IT solutions.

Core BTS, which is backed by Tailwind Capital, has appointed Kevin Thimjon as chief financial officer.

CMP Group, a portfolio company of Canadian mid-market private equity firm Ironbridge Equity Partners, has acquired Minnesota-based MarineTech Products, a maker of marine product brands.

Veronis Suhler Stevenson and NewSpring Health Capital has made an investment in Austin-based BRC Recovery Family of Programs, a provider of addiction treatment services.

Direct Healthcare Group, which is backed by ArchiMed, has acquired Stockholm-based Handicare's Patient Handling division.

An investor group led by Bernhard Capital Partners Management LP has acquired Ascension Wastewater Treatment, a private sewer utility operator in Louisiana.

A consortium led by Toronto-based Northern Private Capital has closed its acquisition of Canadian space technology developer and manufacturer MDA from Maxar Technologies.

ReadyLIFT Suspensions, a unit of Clearlake Capital-backed Wheel Pros, has acquired Zbroz Racing, an aftermarket performance parts manufacturer focused on UTV and snowmobile suspension components.

Alpine Air Express Inc, which is backed by AE Industrial Partners, has acquired 27 airplanes and associated engines, propellers, spare parts and ground support equipment from Great Lakes Airlines.

Barclays has named Khaled Habayeb as a managing director in its healthcare equity capital markets.