Healthcare

H.I.G. buys Reliant from DWHP

H.I.G. Capital has acquired Reliant Rehabilitation from DW Healthcare Partners. No financial terms were disclosed. Deutsche Bank provided financial advice to DWHP on the transaction while Paul Hastings LLP served as DWHP's legal counsel. Based in Plano, Texas, Reliant is a provider of contract therapy services to post-acute facilities in the U.S.

PE-backed IZI Medical Products buys Benvenue Medical's vertebral augmentation systems

IZI Medical Products LLC, which is backed by Shore Capital, has acquired Benvenue Medical Inc's vertebral augmentation systems. No financial terms were disclosed.

L Catterton's PatientPoint hires advisers for sale process

Great Point Partners amasses over $116 mln for third

Great Point Partners has raised over $116 million for its third fund, according to an SEC filing. The target is $250 million. The Greenwich, Connecticut-based buyout shop invests in healthcare companies.

Abacus supports LVC's refinancing of ECA Medical Instruments

Abacus Finance Group has provided credit facilities to back LongueVue Capital's refinancing of ECA Medical Instruments. No financial terms were disclosed. Goulston & Storrs PC provided legal counsel to ECA on the deal. Based in Thousand Oaks, California, ECA is a maker of precision single-procedure torque-limiting instruments and single-use surgery ready procedural kits.

PE-backed Alternative Behavior Strategies appoints CEO

Alternative Behavior Strategies, a portfolio company of Petra Capital Partners, has named Dr. Adam Singer as CEO. He was the co-founder and CEO of IPC Healthcare. ABS is a provider of services to children with autism spectrum disorders.

PE-backed Innovia acquires Eagle Labs

Innovia Medical, which is backed by Shore Capital Partners LLC, has acquired Rancho Cucamonga, California-based Eagle Labs, a maker of ophthalmic products. No financial terms were disclosed.

Onex weighs sale of ResCare, recently rebranded as BrightSpring

Stella Point provides funding to Vereco

Stella Point Capital has made an investment in Laguna Niguel, California-based Vereco, a provider of healthcare document services. No financial terms were disclosed. B. Riley served as financial adviser to Vereco on the transaction.

GTCR-backed RevSpring and Apex Revenue Technologies to merge

RevSpring, which is backed by GTCR, and Apex Revenue Technologies have agreed to merge. No financial terms were disclosed. The deal is expected to close in the fourth quarter of this year. When the transaction closes, WestView Capital Partners will exit its stake in Apex. The newly combined company will provide intelligent multi-channel consumer and patient engagement solutions, electronic and printed communications, and billing and payments solutions.