Private Equity
2 min read · 26 February 2019
KKR said Feb. 26 that it has formed Falcon Vision, a new platform that will source, evaluate, and provide operational and financial capabilities to emerging ophthalmic medical device and biopharmaceutical companies. Falcon Vision will collaborate with Flying L Partners to manage the portfolio under the leadership of Dr. Bill Link.
3 min read · 26 February 2019
4 min read · 25 February 2019
Quad-C Management Inc said Feb. 25 that it agreed to sell its stake in Compassion-First Pet Hospitals to JAB for $1.214 billion. Compassion-First Pet operates a network of emergency and general practice veterinary hospitals across the United States. Jefferies LLC serves as financial advisor to Compassion-First, while Gibson, Dunn & Crutcher LLP acted as legal counsel to Compassion-First. Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal counsel for JAB.
5 min read · 25 February 2019
4 min read · 22 February 2019
Montreal-based NuChem Therapeutics Inc, a drug discovery and development contract research organization, has completed a management buyout from Amorchem LP. No financial terms were disclosed. According to details of the transaction, NuChem's senior management acquired 95 percent of the voting shares from Amorchem, a Montreal-based early-stage venture firm that founded NuChem in 2011.
3 min read · 22 February 2019
2 min read · 21 February 2019
Flexpoint Ford has made an investment in Malvern, Pennsylvania-based YPrime, a provider of clinical trials software. No financial terms were disclosed. As a result of the transaction, Stonehenge Growth Equity Partners has exited its investment in YPrime.
3 min read · 20 February 2019
Pinnacle Dermatology, which is backed by Chicago Pacific Founders, has acquired Illinois and Indiana-based Calumet Dermatology, a provider of dermatology services. No financial terms were disclosed.
3 min read · 20 February 2019
Symplr, a portfolio company of Clearlake Capital Group LP, said Feb. 20 that it agreed to buy API Healthcare. Financial terms weren’t announced. Veritas Capital is the seller. API, of Hartford, Wisconsin, provides healthcare human capital management software solutions.
3 min read · 20 February 2019