Healthcare

PE-backed HeathcareSource taps Grossi as CEO

HealthcareSource, a provider of talent management solutions for the healthcare industry, has named Michael Grossi as CEO. His appointment becomes effective immediately. Grossi was the former CEO of Ipswitch. HealthcareSource is backed by Francisco Partners.

WCAS taps Taheri as operating partner for healthcare team

Welsh, Carson, Anderson & Stowe has named Dr. Paul Taheri as an operating partner on the healthcare team. Currently, Taheri is CEO of Yale Medicine and a deputy dean for clinical affairs at the Yale School of Medicine.

Three Ways Private Equity Firms Can Increase Value of Health Care Portfolios

CapVest hires advisers to weigh options for Curium

4BIO Capital collects over $50 mln for second venture fund

4BIO Capital has raised over $50 million for its second venture fund. 4BIO Ventures II is targeting $150 million by the second half of 2020. The fund's backers include family offices and institutional investors. 4BIO Capital focuses on the advanced therapies sector.

PE-backed LifeSync makes two acquisitions

Advantage Medical Cables, which is backed by HealthEdge Partners, has made two acquisitions: American Biosurgical Inc and Vital Connections. No financial terms were disclosed. Also, AMC has rebranded to LifeSync. Norcross, Georgia-based ABI is a designer and manufacturer of cables, interconnects and assemblies for medical device OEMs while Ohio-based Vital Connections is a provider of specialty medical cables, wires and accessories used in cardiac imaging, diagnostic patient monitoring, ECG and other electro-physiological diagnostic areas.

PE-backed Spine & Sport buys Wisdom

Spine & Sport Physical Therapy, a portfolio company of Great Point Partners, has acquired El Centro, California-based Wisdom Physical Therapy, a physical therapy provider. No financial terms were disclosed.

Branford acquires Pulse Veterinary Technoogies

Branford Castle Partners has acquired Alpharetta, Georgia-based Pulse Veterinary Technologies LLC, a provider of shock wave therapy devices for the veterinary industry. No financial terms were disclosed.

Court Square seeks buyer for National Seating & Mobility

Specific Diagnostics snags $12.5 mln

Silicon Valley-based Specific Diagnostics, a developer of in- vitro diagnostic systems for the detection and identification of microorganisms, has secured $12.5 million in funding. The investor was Telegraph Hill Partners.