Sarah Pringle

Big exits: MidOcean makes 8.5x on The Planet Group, Riverside's Greenphire goes for ~$1.1b

MidOcean generates handsome return on The Planet Group, Riverside exits Greenphire for ~$1.1b as Thoma bets on future of clinical research

MidOcean makes 8.5x its money on sale of The Planet Group

MidOcean generated an 88% IRR on the sale of the human capital platform to ProPharma Group, a portfolio company of Odyssey Investment Partners.

MidOcean Partners sells The Planet Group to Odyssey's ProPharma Group

Planet’s nine human capital entities are tailored to leading companies in the life sciences, diversified energy, engineering, financial, healthcare, technology and digital marketing sectors.

Thoma Bravo values Greenphire at ~$1.1bn as tech transforms clinical research

Already proving a home run investment for Riverside, Greenphire remains on a fast growth track as the clinical research market remains largely dominated by manual, paper-based workflows.

Lovell Minnick's FortisPay buys EpicPay and Change Merchant Solutions

The investments will bring incremental scale and new technology partnerships to the company, while further enhancing FortisPay's offerings to developers and ISVs

HIG Capital launches sales process for Trace3, Butterfly Equity back in market with next fund

HIG readies sale process for Trace3, while the secondaries space is deals with a distinct lack of talent available.

CVC Credit supports Sole Source Capital’s acquisition of Peak-Ryzex and Optical Phusion

CVC Credit will support the growth strategy for the combined business going forward through the provision of a delayed draw term loan facility.

Riverside sells Greenphire to Thoma Bravo in one of largest deals in firm's history

During Riverside's ownership period, Greenphire saw an 8x increase in revenue and 4x increase in employee count.

Grand Rounds, Doctor on Demand, backed by Carlyle and GA, acquire Included Health

The newly merged virtual care company's acquisition of the LGBTQ+ care platform will strengthen its member-centric offering to support diverse and under-resourced populations.

FFL, CDPQ close take-private transaction for New Look Vision

FFL has a strong track record of investing in and building leading eyecare and optical retail businesses, including Eyemart Express and EyeCare Partners.