Private Equity
Nueterra Physical Therapy has rebranded itself as PT Partners, and will expand its focus to encompass established healthcare companies in addition to startup clinics. The company is owned by private equity firm Nueterra Capital.
4 min read · 25 May 2016
AXA Strategic Ventures (ASV) led a $2 million funding round in Wellth, a mobile application that assists healthcare payers by rewarding patients for treatment compliance. The round also included investments from B-Fore Capital, I2BF Venture Capital, Beta Bridge Ventures, and AltaIR Capital. ASV general partner Manish Agarwal will join Wellth's board of directors.
3 min read · 25 May 2016
Los Angeles-based Shamrock Capital Advisors, LLC closed a $250 million fund focused on intellectual property rights, Entertainment IP Fund, L.P. The fund, led by Shamrock partner Patrick Russo, will acquire or finance assets that have been through their initial window of release.
2 min read · 25 May 2016
Cathay Capital North America completed a recapitalization of construction toy maker K'NEX Brands. Cathay partnered with K'NEX CEO Michael Araten. Families of the company's founders, the Aratens and the Talleys, will retain significant ownership in K'NEX's new holding company, Smart Brands International Co., along with senior management.
5 min read · 25 May 2016
The Carlyle Group sold a majority stake in Marle International, an orthopaedic implant manufacturer, to IK VII Fund. Financial terms were not disclosed. IK Investment Partners is a European private equity firm with several previous healthcare investments.
4 min read · 25 May 2016
Crayhill Capital Management LP provided a $100 million financing facility to Versa Media Capital, LLC, a company that lends to producers of film and television content. Versa intends to specialize in bridge financing, in addition to traditional subordinated production loans.
3 min read · 25 May 2016
Long Ridge Equity Partners led a $35 million minority investment in Carson Group Holdings, a provider of wealth management services. Jim Brown and Kevin Bhatt of Long Ridge will join Carson's board of directors. In addition, Carson Wealth Management Group and Peak Advisor Alliance are reorganizing under a new parent company, Carson Group Holdings.
4 min read · 24 May 2016
Chiltern Capital bought a significant minority stake in Vantage Finance, a specialist broker for commercial mortgages, secured loans, and bridging finance. Terms of the investment were not disclosed. The deal was first announced on May 3, 2016. Corporate finance house Livingstone Partners LLP advised Vantage on the deal.
2 min read · 24 May 2016
1 min read · 24 May 2016
Gerber Technology, a Connecticut-based software provider for the apparel industry, announced that French workwear brand Mulliez-Flory has selected Gerber's YuniquePLM platform for value-chain management. Gerber is owned by San Francisco-based private equity firm Vector Capital.
2 min read · 24 May 2016
