Advent International to sell Quality CARE India

By Luisa Beltran — 4 weeks ago

The Abraaj Group has agreed to buy a majority stake in Quality CARE India Limited. Advent International was the seller. Financial terms weren’t announced. CARE, of Hyderabad, is a healthcare provider in India operating 2,600 beds across 16 hospitals in nine cities.

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Grupo Biotoscana buys Laboratorio LKM

By Luisa Beltran — 2 months ago

Grupo Biotoscana SL has acquired Laboratorio LKM S.A. Financial terms weren’t announced. Both Grupo Biotoscana and LKM are backed by Advent International. LKM, of Buenos Aires, is a specialty pharmaceutical manufacturer.

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Advent to exit Aeropuertos Dominicanos Siglo XXI

By Luisa Beltran — 2 months ago

Advent International said Monday it has agreed to sell Aeropuertos Dominicanos Siglo XXI to Vinci Airports. Financial terms weren’t announced. Aerodom operates and manages six airports in the Dominican Republic. Vinci Airports is the airport operating subsidiary of Vinci SA.

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Genoa buys VC-backed 1DocWay

By Iris Dorbian — 3 months ago

Genoa, a portfolio company of Advent International, has acquired 1DocWay, a outpatient telepsychiatry provider. No financial terms were disclosed. 1DocWay’s backers included iSeed Ventures, Waterline Ventures, Rock Health, Asset Management Ventures and DreamIt Ventures.

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PE-backed DI acquires Selle and PBI Supply

By Iris Dorbian — 4 months ago

Distribution International Inc, a portfolio company of Advent International, has acquired Selle Supply Company and sister company PBI Supply Inc. No financial terms were disclosed. Based in El Paso, Texas, Selle and PBI Supply are providers of insulation products and related construction materials, specializing in the lamination of fiberglass insulation for metal buildings.

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Advent to buy minority stake in Fleury

By Iris Dorbian — 5 months ago

Advent International has agreed to acquire a minority stake in Fleury S.A., a Brazilian diagnostic services provider, from a physician group. No financial terms were disclosed. According to terms of the deal, Advent will acquire a 13 percent stake in Fleury while the physician group will retain a 28.3 percent interest in the company. Inspire Capital Partners and J.P. Morgan provided financial advice to the physician group while Credit Suisse did likewise for Advent.

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