Sheridan Capital Partners invested in Oral Surgery Partners, an oral surgery practice management company. Sheridan invested alongside the company's surgeons and management, who have maintained ownership in the business. The deal was led by Sean Dempsey, Jonathan Lewis, Christopher McCrory and Jonathan Gavron at Sheridan.
2 min read · 19 November 2019
EW Healthcare Partners has invested in Cognate BioServices. Financial terms weren’t announced. Cognate BioServices is a contract development and manufacturing organization.
3 min read · 19 November 2019
Sentinel Capital Partners said Aug. 27 that it acquired SSJA Bariatric Management LLC. Financial terms weren’t announced. SSJA Bariatic, of Roslyn, New York, provides administrative services to 15 bariatric surgery offices in New York, New Jersey, and Connecticut that collectively operate as the New York Bariatric Group.
4 min read · 19 November 2019
Warburg Pincus has agreed to acquire a majority stake in WebPT from Battery Ventures. No financial terms were disclosed. Aeris Partners was financial adviser to WebPT and Battery Ventures on the transaction. Based on Phoenix, WebPT is a rehab therapy platform.
4 min read · 19 November 2019
Great Hill Partners has completed a recap of Pareto Health Inc. Financial terms weren’t announced. Pareto is an employee benefit group captive manager that helps businesses with more than 50 employees self-fund health benefits.
3 min read · 19 November 2019
Lindsay Goldberg is buying Bilcare Research, a Swiss pharma packaging company, reported Reuters. The deal puts Bilcare at a valuation between $279 million and $334 million.
1 min read · 19 November 2019
Since 2012, the total number of private equity deals have increased within the healthcare sector year after year.
3 min read · 19 November 2019
Aquiline Capital Partners is buying CoAdvantage. Financial terms were not announced. Morgan Stanley Capital Partners is the seller. CoAdvantage, of Tampa, Florida, provides HR outsourcing for small and medium sized businesses.
4 min read · 19 November 2019
Wealth Enhancement Group, a portfolio company of Lightyear Capital, said July 25 that it closed its buy of Planning Solutions Group LLC. Financial terms weren’t announced. Planning Solutions, of Fulton, Maryland, is an independent financial advisory business with more than $1.3 billion in combined client assets as of June 30.
2 min read · 19 November 2019
Toast said July 24 that it acquired StratEx. Financial terms weren’t announced. StratEx provides HR and payroll software for restaurants. In April, Toast raised $250 million in VC funding. Bill Mone, Amanda Holt and Aaron Harsh of Ropes & Gray advised Toast.
2 min read · 19 November 2019
