Private Equity
Evolution Research Group has acquired Rochester, New York-based Finger Lakes Clinical, a clinical research facility specializing in pediatric and adult central nervous system trials for major national and international pharmaceutical firms. No financial terms were disclosed. ERG is backed by Linden Capital Partners.
2 min read · 01 April 2019
RoundTable Healthcare Partners and Signet Healthcare Partners have formed Advantice Health, a consumer healthcare platform focused on over-the-counter drugs. Timothy J. Connors has joined Advantice as CEO.
4 min read · 01 April 2019
3 min read · 01 April 2019
Willis Towers Watson said March 31 that it acquired Tranzact. Financial terms weren’t announced. Clayton, Dubilier & Rice was the seller. Tranzact is a direct-to-consumer health care organization that links individuals to U.S. insurance carriers.
6 min read · 01 April 2019
2 min read · 28 March 2019
Boston investors “bring it home” via health tech
2 min read · 28 March 2019
Durham, North Carolina-based Precision BioSciences, a genome editing system provider, has raised $126.4 million for its IPO after pricing its 7.9 million shares at $16 per share. The stock began trading March 28, 2019 on the NASDAQ under the ticker symbol "DTIL." JP Morgan, Goldman Sachs, Jefferies and Barclays are the underwriters. Precision BioSciences' pre-IPO backers include ArrowMark Partners, Franklin Templeton Investments, Cowen Healthcare Investments, Brace Pharma Capital, Adage Capital Management, Cormorant Asset Management, Gilead Sciences, Vivo Capital, Alexandria Venture Investments, Ridgeback Capital, Agent Capital, Leerink Partners, venBio, F-Prime and Osage University Partners.
3 min read · 28 March 2019
Waterland Private Equity has sold its majority stake in Zentrum Gesundheit to NORD Holding. No financial terms were disclosed. Zentrum Gesundheit is a German association of ophthalmic practices.
3 min read · 28 March 2019
HCAP Partners said March 26 that it invested in Confirm BioSciences. Financial terms weren’t announced. Confirm BioSciences provides a marketing services platform that aims to handle all components of drug and wellness kit testing from sourcing to selling, including customer support and feedback to vendors.
3 min read · 26 March 2019
2 min read · 26 March 2019