Private Equity
2 min read · 11 July 2018
Humana Inc, TPG Capital and Welsh, Carson, Anderson & Stowe have closed their previously announced buyout of Curo Health Services. The seller was Thomas H. Lee Partners. No financial terms were disclosed; however, an earlier report pegged the amount at $1.4 billion. Curo is an hospice operator.
3 min read · 11 July 2018
Greenwich, Connecticut-based Great Point Partners, a healthcare-focused private equity firm, has raised over $116 million for its third fund, according to an SEC filing. The target is $250 million.
1 min read · 11 July 2018
Veritas Capital has closed its previously announced acquisition of GE Healthcare's enterprise financial management, ambulatory care management and workforce management assets. The price of the acquisition was $1.05 billion in cash. Morgan Stanley and Keval Health acted as financial advisers to GE on the deal while Goldman Sachs and William Blair & Company did likewise for Veritas.
3 min read · 11 July 2018
2 min read · 10 July 2018
AdvancedMD, which is backed by Marlin Equity, has acquired Marietta, Georgia-based NueMD, a provider of practice management, electronic health records and revenue cycle management SaaS solutions. No financial terms were disclosed.
4 min read · 09 July 2018
2 min read · 09 July 2018
Aveanna Healthcare, which is backed by Bain Capital and J.H. Whitney, has closed its previously announced acquisition of Pasadena, California-based Premier Healthcare Services, a provider of pediatric services. No financial terms were disclosed. Edge Healthcare Partners, Barclays and Bank of Montreal Capital Markets provided financial advice to Aveanna on the deal.
2 min read · 09 July 2018
Symmetry Surgical Inc, a portfolio company of RoundTable Healthcare Partners, has agreed to acquire Bovie Medical's electrosurgical business. The value of the deal is $97 million. The transaction is expected to close in the third quarter of 2018. Bovie Medical's electrosurgical business makes generators, electrodes, cauteries and accessories that are used daily in doctors' offices, surgery centers and hospitals.
3 min read · 09 July 2018
Health Enterprise Partners has closed its third fund at a hard cap of $188 million. HEP III will invest in healthcare IT and healthcare services companies.
4 min read · 09 July 2018
