While the urgent care provider wasn't for sale per se, Warburg knew it would attract the right buyer, Thomas “TJ” Carella told PE Hub.
'Under LLCP’s ownership, we helped Monte Nido open 22 de novo facilities and acquire 10 facilities, bringing its current total to 45 facilities in 15 states,' said Matt Rich.
'We were already looking for online marketplaces and had forged a conviction around the space and its strong pillars,' said Eurazeo’s Vivianne Akriche.
“We wanted to get through 2021 to have a full year of non-covid impacted performance before exiting,” said LLCP’s Schwartz.
European investor Kartesia has purchased ClearLight-backed Richardson, a provider of tech-enabled, enterprise sales training solutions to the 'Global 1000', BusinessWeek's list of the world's thousand top companies by market capitalization.