I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Curo Health Services, a portfolio company of Thomas H. Lee Partners, has acquired New Century Hospice. Financial terms weren’t announced. Scale Venture Partners and Petra Capital Partners are the sellers. Dallas-based New Century provides hospice care to 1,600 patients via the company’s network of 19 branches in six states (Colorado, Georgia, Louisiana, Oklahoma, Texas and Virginia). Cain Brothers advised New Century. Buyouts reported news of the deal on Jan. 11.
2 min read · 27 January 2016
PitchBook Data Inc. said Wednesday that it raised $10 million in financing from existing investor Morningstar Inc. Seattle-based PitchBook provides research, data, and technology for professionals in the private equity, venture capital and M&A markets. PitchBook raised $4.25 million in a Series A round in 2009.
3 min read · 27 January 2016
Adicet Bio Inc. said Wednesday it closed a $51 million Series A round led OrbiMed. Novartis Venture Fund and Pontifax also invested. Menlo Park, California-based Adicet is a pre-clinical stage biotechnology company that designs and develops immunotherapies for cancer and other disease indications.
3 min read · 27 January 2016
Katena Products, a portfolio company of the Audax Group, said Tuesday it acquired Sensor Medical Technology. Financial terms weren’t announced. Maple Valley, Washington-based Sensor Medical develops and makes single-use and reusable procedure lenses used by ophthalmologists and optometrists in the U.S. and globally.
2 min read · 27 January 2016
VitreosHealth said Tuesday that it raised $5 million in funding led by Kinderhook Industries LLC. Plano, Texas-based VitreosHealth provides predictive and prescriptive health insights for population health management. The company has raised more than $6.2 million in total funding.
4 min read · 27 January 2016
Primeritus Financial Services, a portfolio company of Kinderhook Industries LLC, has acquired Roquemore Holdings LLC. Financial terms weren’t announced. Dallas-based Roquemore provides vehicle skip tracing services and repossession management to the credit union and collateral protection industries. Monroe Moxness Berg PA provided legal advice to Primeritus.
3 min read · 27 January 2016
TSYS said Tuesday that it has agreed to buy TransFirst from Vista Equity Partners in a deal valued at $2.35 billion. Hauppauge, New York-based TransFirst is one of the largest providers of secure payment processing in the U.S. As a result of the deal, TSYS said it would be the 6th largest U.S. acquirer based on net revenue, supporting more than 645,000 merchant outlets. Bank of America Merrill Lynch and GCA Savvian Advisors LLC provided financial advice to TSYS, while First Annapolis Consulting acted as strategic advisor. King & Spalding LLP provided legal advice TSYS. Credit Suisse, Goldman Sachs and J.P. Morgan provided financial advice to TransFirst/Vista. Kirkland & Ellis, led by Stuart Casillas, was legal advisor to TransFirst/Vista.
7 min read · 27 January 2016
Dominus Capital has acquired Complete Nutrition. Financial terms weren’t announced. Omaha-based Complete Nutrition is a franchisor of health-focused retail stores and distributor of nutritional supplements.
1 min read · 27 January 2016
HighQ said Wednesday that it completed a $50 million growth equity investment from One Peak Partners, Morgan Stanley Merchant Banking and Goldman Sachs Private Capital. London-based HighQ provides enterprise collaboration and content management solutions to law firms, financial services companies, governments and corporations.
4 min read · 27 January 2016
3 min read · 26 January 2016
