Defaults: Around 60 percent of non-energy defaulting companies in the second quarter belonged to private equity firms, according to a recent report from Moody’s. Defaults picked up in the first half of 2020, exceeding the tally from last year, writes Karishma Vanjani on PE Hub. Read it here.
One Equity Partners acquired American Medical Technologies, which provides wound care supplies and services to mostly skilled nursing facilities, writes Sarah Pringle on PE Hub today. One Equity bought out AMT’s existing ownership, while the company’s management team will stay on board. Read more here.
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