Private Equity
Sheridan Capital Partners said June 11 that it invested in Atlantic Vision Partners. Financial terms weren’t announced. Atlantic Vision Partners, of Richmond, Virginia, is a vision practice management company, providing ophthalmic, optometric, and optical services throughout southern and central Virginia.
2 min read · 11 June 2019
Water’s Edge Dermatology, a portfolio company of Gryphon Investors, said June 10 that it acquired a controlling interest in Coast Dermatology. Financial terms weren’t announced. Coast Dermatology, of Venice, Florida, is a medical/cosmetic dermatology practice.
3 min read · 10 June 2019
2 min read · 07 June 2019
As Goldman writes big check in eye care, others steer clear of retail health
2 min read · 06 June 2019
OmniSYS, which is backed by Moelis Capital Partners, has acquired Rx-Net, a provider of automated pricing solutions for pharmacies. No financial terms were disclosed.
2 min read · 06 June 2019
Altas Partners is poised to generate an about 3.5 x return on MyEyeDr through a sale of the optometry giant valued at US$2.7 billion, according to a source familiar with the matter. Goldman Sachs through West Street Capital Partners VII this week agreed to acquire the well-known brand by buying its management services company, Capital Vision Services. Toronto’s Altas partnered with Caisse de dépôt et placement du Québec in 2015 to acquire Capital Vision Services for US$775 million, the source said. The pending acquisition — the largest sponsor-backed transaction in vision care history — concludes a process that kicked off earlier this year.
1 min read · 06 June 2019
Anthem Inc said June 6 that it agreed to buy Beacon Health Options. Financial terms weren’t announced. Bain Capital Private Equity and Diamond Castle Holdings are the sellers. Beacon Health Options, of Boston, is a behavioral health organization that serves more than 36 million individuals across all 50 states.
6 min read · 06 June 2019
Third Rock Ventures LLC said June 6 that its latest flagship closed on $770 million. Third Rock Ventures V LP invests in life sciences companies. Third Rock also said that Steve Kafka, previously a venture partner, was named a partner.
3 min read · 06 June 2019
Jump Capital said June 6 that it sold its portfolio company Champion Healthcare Technologies to Riverside Co. Financial terms weren’t announced. Champion provides implant management solutions to over 500 hospitals and health systems. Riverside has combined Champ with portfolio company HemaTerra Technologies.
3 min read · 06 June 2019
2 min read · 05 June 2019
