Private Equity

Sarah Pringle

Deals

In growth mode, Wellspring’s rebranded RAYUS Radiology is on a fast consolidation track

Founded as one center in Minneapolis 40 years ago, the company formerly known as Center for Diagnostic Imaging envisions doubling in size over the next two years as it looks to transform the industry with a multi-pronged strategy, CEO Kim Tzoumakas says.

4 min read · 28 June 2021

Hg, Vista, sell Allocate to TA's RLDatix

Hg’s initial investment in Allocate dates to late 2014, when it completed a public-to-private transaction from the London Stock Exchange.

3 min read · 28 June 2021

Vista, Hg-backed Allocate Software fields bids, DA Davidson eyes further tech buildout post Marlin

Vista and Hg field bids for Allocate and DA Davidson invests in tech expansion.

3 min read · 25 June 2021

Deals

Allocate Software, backed by Vista and Hg, fields another round of bids

Vista bought Allocate from Hg in May 2018, and three months later, Hg rejoined as an investor in the healthcare-focused provider of people management software-as-a-service.

3 min read · 24 June 2021

LLR Partners invests $100m in JW Player

In the last year alone, the JW Player's video streaming grew by nearly 200%, while its live streaming delivery increased by over 400%.

4 min read · 24 June 2021

JAB Investors' NVA buys SAGE Vet for some $1.25b, AKKR scores 12x return on Seequent, CVC buys ExamWorks for $4b-plus

AKKR makes a killing with Seequent and Chicago Pacific Founders sell most of SAGE Veterinary.

3 min read · 23 June 2021

Apax Digital Fund invests in Revolution Prep

The capital injection will help Revolution Prep further enhance its online learning platform and expand its offering to make professional tutors available to more students in the United States and beyond.

4 min read · 23 June 2021

Deals

Chicago Pacific Founders' SAGE Veterinary goes to NVA for $1.25bn

NVA, backed by the Reimann family’s JAB Investors, makes a sizable bet to bolster its specialty vet care operations.

3 min read · 23 June 2021

Rhone's Baker & Baker sells Brill to Rise Baking Company

Under Rhone, Baker & Baker has expanded and strengthened its presence in North America and Europe, as well as entered the China and the Middle East markets.

5 min read · 22 June 2021

HBC, Insight to spin off Saks OFF 5th's e-commerce business

The new entity raises $200 million led by Insight Partners, valuing Saks OFF 5TH digital business at approximately $1 billion.

6 min read · 22 June 2021

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