Private Equity
SouthStar Urgent Care, a portfolio company of Shore Capital Partners, has closed its investment in AHS Walk-In Clinic Inc. Financial terms weren’t announced. AHS Walk-In Clinic, of Youngsville, Louisiana, is a walk-in clinic that treats non-emergency medical needs. SouthStar said it has opened another urgent care clinic after completing the AHS deal.
4 min read · 24 July 2019
DW Healthcare Partners raised its largest fund to date, collecting US$610 million ($800 million) for its fifth healthcare-focused pool of capital. The Toronto- and Park City, Utah-based firm surpassed its US$500 million target, Founder and Managing Partner Andrew Carragher told Buyouts. Fund V, which closed on Monday, is more than double the US$295 million raised in the firm’s fourth fund, which closed in March 2017. The vehicle’s limited partner base encompasses global institutional investors that committed in prior funds, with some nine to 10 new institutional investors having joined Fund V, Carragher said.
1 min read · 24 July 2019
Varsity Healthcare Partners is seeking to raise $400 million for its third fund, according to an SEC filing. The Los Angeles and Stamford, Connecticut-based private equity firm invests in healthcare.
1 min read · 23 July 2019
Agreement marks the conclusion of a process in which the two Parthenon portfolio companies were marketed together.
3 min read · 23 July 2019
Key Surgical LLC, a portfolio company of Water Street Healthcare Partners, has agreed to buy Insitumed GmbH. Financial terms weren’t announced. Insitumed, of Hamburg, Germany, sells endoscopy products.
2 min read · 23 July 2019
Keensight Capital has acquired Infarco’s majority stake in 3P Biopharmaceuticals. Financial terms weren’t announced. 3P, of Spain, is a contract development and manufacturing organization that specializes in process development and GMP manufacturing of biologics.
3 min read · 23 July 2019
3 min read · 23 July 2019
SightMD, a portfolio company of Chicago Pacific Founders, has acquired Hatsis Laser Vision, a provider of ophthalmic care in Long Island and the greater New York City area. No financial terms were disclosed.
3 min read · 22 July 2019
Cairngorm Capital has acquired UK-based Millbrook, a provider and manufacturer of equipment, assessment services and home-based adaptations that help service users live independently at home. No financial terms were disclosed.
5 min read · 22 July 2019
3 min read · 22 July 2019
