Private Equity
2 min read · 19 February 2019
Aveanna Healthcare, which is backed by Bain Capital and J.H. Whitney Capital Partners, has agreed to acquire Maxim Healthcare Services' home healthcare division. No financial terms were disclosed. The deal is expected to close in the second quarter of 2019. Edge Healthcare Partners, Barclays, BMO Capital Markets, Jefferies and Deutsche Bank provided financial advice to Aveanna on the transaction.
3 min read · 19 February 2019
Village Fertility Pharmacy, a portfolio company of BelHealth Investment Partners, has acquired Integrity Rx Specialty Pharmacy, a fertility-focused pharmacy. No financial terms were disclosed.
3 min read · 19 February 2019
Spine & Sport Physical Therapy, a portfolio company of Great Point Partners, has acquired Palm Springs, California-based Complete Care Physical Care Therapy, a physical therapy provider. No financial terms were disclosed.
3 min read · 19 February 2019
Probo Medical, a portfolio company of Varsity Healthcare Partners, has acquired Harrisburg, Pennsylvania-based Trisonics Inc, a provider of ultrasound equipment. No financial terms were disclosed.
2 min read · 19 February 2019
Beecken Petty O'Keefe & Company has made a majority investment in Health-E Commerce, a parent company of pre-tax health and wellness shopping sites. No financial terms were disclosed. Financo provided financial advice to Health-E Commerce while O’Melveney & Myers LLP acted as legal adviser. And, Paul Hastings LLP served as legal adviser to Beecken Petty O’Keefe & Company.
3 min read · 15 February 2019
Stealth BioTherapeutics, a biotech company focused on developing new treatments involving mitochondrial dysfunction, has raised $78 million for its IPO of 6.5 million shares at $12 per share. The stock began trading February 15, 2019 on the NASDAQ under the ticker symbol "MITO." Jefferies LLC, Evercore Group LLC and BMO Capital Markets Corp are the lead underwriters. Stealth pre-IPO backers include Nan Fung Technology’s Pivotal Beta, Atlantis Investment Management, BVCF Management, CMBC Capital Holdings, Kingdon Capital, Ocean Equity Partners, Sagamore Investments and Morningside Ventures.
3 min read · 15 February 2019
SWK Funding has agreed to provide a $20 million loan to Massachusetts-based Cheetah Medical, a provider of fluid management devices. The capital will be used to pay down existing debt and invest in sales and marketing efforts in the U.S.
3 min read · 14 February 2019
An investor group that includes Bain Capital Private Equity, Summit Partners and Revelstoke Capital Partners has agreed to acquire Plano, Texas-based U.S. Renal Care Inc, a provider of dialysis services for patients suffering from end stage renal disease. No financial terms were disclosed. Goldman Sachs and Barclays are serving as financial advisers to U.S. Renal Care.
4 min read · 13 February 2019
3 min read · 12 February 2019
