Private Equity
2 min read · 22 October 2018
Beach House Center for Recovery, a portfolio company of BelHealth Investment Partners, has named Thomas Ridge and Dr. Steven Levin to its board of directors. Ridge is the former governor of Pennsylvania, a five-time member of the U.S. House of Representatives and the first Secretary of the U.S. Department of Homeland Security. And, Levin is the medical director of Johns Hopkins Hospital's regional pain program. Juno Beach, California-based Beach House is a drug and alcohol treatment provider.
4 min read · 19 October 2018
2 min read · 17 October 2018
Envision Healthcare Corp, which is owned by KKR, has acquired Decatur Radiology Physicians, a provider of radiology services in Decatur, Illinois. No financial terms were disclosed. Edgemont Capital Partners LP served as financial adviser to DRP on the sale.
2 min read · 17 October 2018
2 min read · 16 October 2018
Water's Edge Dermatology, a portfolio company of Gryphon Investors, has named Lawrence P. Kraska as CEO and Kirk A. Sayler as chief financial officer. Previously, Kraska was president and CEO of Interim Healthcare & Caring Brands International while Sayler was senior vice president of finance, accounting and revenue cycle management at Sage Dental. Water's Edge Dermatology is a Florida-based skincare provider.
3 min read · 16 October 2018
The Philadelphia-based chain of Urgent Care Centers has secured $1.85 million in funding. The investor was Change Capital. The capital infusion will be used for growth.
2 min read · 16 October 2018
Carlyle Group and Meinian Onehealth Healthcare have invested in Adicon Holding Ltd. Financial terms weren’t announced. Adicon operates 20 diagnostic laboratories in China, offering diagnostic testing outsourcing services to more than 10,000 active customers, including hospitals, clinics and contract research organizations (CROs) in 28 provinces.
3 min read · 15 October 2018
WebMD Health Corp, which is owned by Internet Brands, has acquired MediQuality, a Belgian provider of medical news and information for healthcare professionals in the Benelux market. No financial terms were disclosed. Drake Star Partners was sell-side adviser to Citobi, the parent company of MediQuality. Internet Brands is a portfolio company of KKR and Temasek.
3 min read · 12 October 2018
Dext Capital is launching a new independent equipment leasing company focused on healthcare. Dext Capital is planning on offering equipment financing in the middle of next year. Dext is backed by Sightway Capital.
3 min read · 12 October 2018
