Hillhouse Capital Management said June 6 that it is buying Loch Lomond Group from Exponent Private Equity. Financial terms weren’t announced. Loch Lomond, of Scotland, is a whisky producer.
5 min read · 06 June 2019
Anthem Inc said June 6 that it agreed to buy Beacon Health Options. Financial terms weren’t announced. Bain Capital Private Equity and Diamond Castle Holdings are the sellers. Beacon Health Options, of Boston, is a behavioral health organization that serves more than 36 million individuals across all 50 states.
6 min read · 06 June 2019
Third Rock Ventures LLC said June 6 that its latest flagship closed on $770 million. Third Rock Ventures V LP invests in life sciences companies. Third Rock also said that Steve Kafka, previously a venture partner, was named a partner.
3 min read · 06 June 2019
Jump Capital said June 6 that it sold its portfolio company Champion Healthcare Technologies to Riverside Co. Financial terms weren’t announced. Champion provides implant management solutions to over 500 hospitals and health systems. Riverside has combined Champ with portfolio company HemaTerra Technologies.
3 min read · 06 June 2019
Hallmark Business Connections, the business-to-business subsidiary of Hallmark Cards Inc, said June 5 that it sold its incentives business to InComm Inc. Financial terms weren’t announced. Warburg Pincus acquired InComm in 2012, PitchBook said.
2 min read · 06 June 2019
Marlin Equity Partners said June 5 that it closed its buy of Webtrekk. Financial terms weren’t announced. Webtrekk, of Berlin, provides marketing analytics and customer intelligence software solutions. The deal was announced in April.
1 min read · 06 June 2019
Wise Equity Sgr said June 6 that acquired 69 percent of Innovery SpA share capital. Financial terms weren’t announced. Innovery, of Italy, is a system integrator with a specialization in cyber security.
3 min read · 06 June 2019
Advent International said June 6 that its ninth global PE fund closed on its $17.5 billion hard cap. GPE IX Limited Partnership surpassed its $16 billion target after six months. Advent’s previous global fund, GPE VIII, raised $13 billion in 2016.
4 min read · 06 June 2019
1 min read · 05 June 2019
Raptor Technologies, a JMI Equity portfolio company, said June 5 that it acquired LobbyGuard Solutions LLC. Financial terms weren’t announced. LobbyGuard provides a visitor management and front office automation system.
2 min read · 05 June 2019