Private Equity
North Castle Partners has raised $278.5 million for its seventh fund, according to an SEC filing. No target was listed in the document. The Greenwich, Connecticut-based private equity firm invests in the health, wellness and active living sector.
1 min read · 03 January 2019
Cirtec Medical, which is backed by 3i Group plc, is acquiring Lowell, Massachusetts-based Metrigraphics, a maker of ultra-high precision, custom micron-scale circuits and components for the medical devices industry and other critical applications. No financial terms were disclosed.
2 min read · 03 January 2019
Bain Capital Double Impact, Bain Capital's impact investing business, has acquired HealthDrive from Riverside Partners. No financial terms were disclosed. Wellesley, Massachusetts-based HealthDrive is a specialty provider of on-site dentistry, optometry, podiatry and audiology to residents in long-term care, skilled nursing, and assisted living facilities.
3 min read · 03 January 2019
Amunix Pharmaceuticals Inc, which is backed by Frazier Healthcare Partners, has named Dr. Angie You as CEO and Dr. Rich Heyman as chairman of board of directors. Prior to joining Amunix, You worked at Sierra Oncology where she was chief business and strategy officer and head of commercial while Heyman was CEO of Seragon Pharmaceuticals. Based in Mountain View, California, Amunix is a biopharmaceutical company focused on the discovery and development of novel protein therapeutics.
4 min read · 03 January 2019
Crestline Direct Lending, which is part of Crestline Investors Inc, has provided a credit facility to Schweiger Dermatology Group, a provider of dermatology services. No financial terms were disclosed. The capital infusion will be used for expansion. Crestline was the administrative agent and joint lead arranger on the facility. SDG is a portfolio company of LNK Partners, LLR Partners and SV Health Investors.
3 min read · 02 January 2019
3 min read · 02 January 2019
Western Dental Services, which is backed by New Mountain Capital LLC, has acquired Guardian Life Insurance Company's dental service organization. No financial terms were disclosed. Cain Brothers provided financial advice to Guardian on the transaction.
2 min read · 02 January 2019
Anzu Partners has sold Axsun Technologies, a provider of MEMS-based optical engines for medical imaging, industrial spectroscopy and optical telecommunications, to Excelitas Technologies Corp. No financial terms were disclosed. Needham & Company LLC served as financial adviser to Axsun on the deal.
2 min read · 02 January 2019
Churchill Asset Management has provided a $143 million credit facility to back Convey Health Solutions Inc's acquisitions of two Chicago-based companies: HealthScape Advisors and Pareto Intelligence. HealthScape Advisors is a healthcare-focused management consulting firm while Pareto Intelligence is a technology and analytics company that supports plans and providers with solutions to improve outcomes. Convey is a portfolio company of New Mountain Capital.
3 min read · 02 January 2019
Health Velocity Capital has named Sally Welborn to its advisory board. Recently, Welborn worked at Walmart Stores Inc where she was senior vice president of global benefits.
2 min read · 02 January 2019
