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Webster formed BayMark via ’15 merger of BAART Programs and MedMark Formal process expect to launch in second half of 2019 Lewisville, Texas, company encompasses 209 opioid-treatment programs across 32 states and Ontario, Canada BayMark Health Services, the nation’s largest network of clinics treating individuals suffering from opioid addiction, is gearing up for a sales […]

Largest LBO: KKR’s $9.9 bln deal for Envision Largest carveout: KKR’s $2.4 bln carveout of AMR from Envision Largest secondary buyout: TPG, WCAS, Humana’s $1.4 bln buy for THL’s Curo Health Private equity continued to fuel billions of dollars of healthcare deal flow in 2018, with KKR, Veritas Capital and TPG behind some of the […]

Average healthcare-focused fund size raised in ’18: $261 mln $36 bln of industry’s $56 bln total dry powder is North America-centric Linden raises largest healthcare-exclusive fund, collecting $1.5 bln for Fund IV Led by three buyout firms, the healthcare private equity industry is on the brink of another record year of fundraising, according to Preqin. The healthcare […]

Leonard Green investment dates to 2012; Frazier investment dates to 2011 Texas company accounts for 4-5 pct of U.S. dialysis market, after DaVita, Fresenius Largest markets: Texas, California, Georgia U.S. Renal Care, the third-largest U.S. provider of dialysis services, is evaluating a sale, according to people familiar with the matter. The company’s investor group, which […]

Closed Fund IX on $1.2 bln hard cap Significant opportunities in cloud-based software Seeks opportunities around the country JMI Equity, which just closed its ninth fund on $1.2 billion, is seeking tech opportunities outside the established meccas. The firm, which has been investing in software for 25 years, has invested in companies in 26 states […]

Europe Special Situations Fund II closed on $2.8 bln Deal enables LPs to cash out or roll into new vehicle One of several high-profile GPs exploring secondaries Avenue Capital is working on a process to deliver liquidity to investors in its second European special situations fund, which closed on $2.8 billion in 2012. The deal, […]

Onex, whose BrightSpring investment dates to 2004, to generate blended gross MOIC of 5.7x Sell-side advisers: Goldman, Guggenheim Competitor Civitas remains up for sale; shares drop ~2.4% Tuesday amid PharMerica announcement Onex Partners concluded its sales process for BrightSpring Health Services, agreeing to combine with KKR-backed pharmacy-services provider PharMerica. Terms weren’t disclosed, but the deal commanded […]

Investors: Peloton Equity, SV Health Investors DME company explored public debut in ’14 Rival QMES remains for sale via JPM-run process AeroCare, a private equity-backed provider of home respiratory therapy products and services, is gearing up for a sales process, according to three sources. Triple Tree has been engaged to advise the Orlando, Florida, durable […]

Gryphon Investors is selling Orchid Underwriters after four years, according to two sources and an FTC filing. TowerBrook Capital Partners is buying Orchid, the person said. Orchid, of Vero Beach, Florida, sold for a low-double-digit multiple, the source said. Founded in 1998, Orchid provides specialty insurance products for homeowners and other difficult-to-insure properties throughout the […]

Vistria invests via Fund II, which closed on $872 mln Frontenac recapped opioid-treatment company in ’11 Sell-side adviser: Piper Jaffray Frontenac has agreed to sell Behavioral Health Group to fellow Chicago private equity shop Vistria Group, according to three people familiar with the matter. The transaction is poised to close in 2019, one of the […]