Healthcare

Lightyear's Alegeus said to fetch more than $750 mln via sale to Vista

PE-backed lab-services provider Aurora Diagnostics explores sale

Paragon Bioservices promotes two

Baltimore-based Paragon Bioservices, a producer of biopharmaceuticals and vaccines, has promoted Deborah Wild to senior vice president, quality, validation and regulatory affairs and Ruby Hofmann to senior vice president, human resources and organizational development. Paragon is backed by NewSpring Capital and Camden Partners.

PE-backed Sotera Health buys Gilbraltar Laboratories

Sotera Health, which is backed by Warburg Pincus and GTCR, has acquired Fairfield, New Jersey-based Gibraltar Laboratories, a provider of microbiology and analytical chemistry testing for pharmaceutical and medical device manufacturers. No financial terms were disclosed.

Griffin-American Healthcare REIT IV buys Missouri assisted living facility

Griffin-American Healthcare REIT IV, which is backed by American Healthcare Investors LLC and Griffin Capital Company LLC, has acquired Warrenton, Missouri-based Pinnacle Warrenton Assisted Living Facility, a 53-unit assisted living facility. The price of the acquisition was $8.1 million.

Vista to buy Alegeus from Lightyear

Vista Equity Partners has agreed to acquire Waltham, Massachusetts-based Alegeus, a consumer-directed healthcare payment and processing firm, from Lightyear Capital. No financial terms were disclosed. BofA Merrill Lynch and TripleTree served as financial advisers in the transaction.

Polaris collects $175 mln for growth fund

Polaris Partners has raised $175 million for its debut growth fund, according to an SEC filing. Based in Boston and San Francisco, the private equity firm invests in technology and healthcare companies.

Samumed fetches $438 mln

San Diego-based Samumed, a small-molecule drug platform, has secured $438 million in funding. The investors were not named.

Webster Capital acquires JBR

Webster Capital has acquired Salt Lake City-based JBR Clinical Research, a clinical research site manager conducting post-op pain studies on behalf of pharmaceutical companies. No financial terms were disclosed.

Silver Lake invests in GoodRx

Silver Lake has made an investment in GoodRx, a provider of prescription and healthcare savings. No financial terms were disclosed. J.P. Morgan Securities LLC and TripleTree LLC served as financial advisers to GoodRx while Kirkland & Ellis LLP and M&H LLP provided legal counsel. And, Ropes & Gray LLP and Epstein Becker & Green P.C. provided legal counsel to Silver Lake.