Private Equity
CVC Capital Partners has agreed to acquire the Italian pharmaceutical business Recordati from the Recordati family, at 28 million euros per share. Leopoldo Zambeletti and Rothschild are providing financial advice to CVC on the deal while Jefferies is doing likewise for Recordati.
5 min read · 29 June 2018
Integrated Care Physicians Inc, a portfolio company of BelHealth Investment Partners LLC, has named Dr. Eric Rackow to its board of directors. Previously, Rackow was president and CEO of Humana at Home. ICP is a provider of emergency medicine and acute care management.
3 min read · 29 June 2018
BelHealth Investment Partners has acquired Juno Beach, Florida-based Beach House Center for Recovery, a substance use disorder treatment provider. No financial terms were disclosed.
3 min read · 28 June 2018
Frazier Healthcare Partners has named Andy Caine as an executive partner on the growth buyout team. Previously, he was a partner at Green Peak.
2 min read · 28 June 2018
Lexington, Massachusetts-based Translate Bio Inc, a messenger RNA therapeutics company, has raised about $121.6 million for its IPO after pricing its 9.35 million shares at $13 per share. The stock began trading June 28, 2018 on the NASDAQ under the ticker symbol "TBIO." Citigroup, Leerink Partners and Evercore ISI are the lead underwriters. Translate Bio's pre-IPO backers include M Ventures, SR One, Leerink Partners, Partners Innovation Fund and Rock Springs Capital, according to Crunchbase.
2 min read · 28 June 2018
2 min read · 27 June 2018
CityMD, which is backed by Warburg Pincus, has acquired STAT Health and First Med Immediate Medical Care. No financial terms were disclosed. STAT Health is an urgent care provider on Long Island with a network of 12 centers while First Med Immediate Medical Care is a single urgent care center located in Queens, New York.
2 min read · 27 June 2018
CRG's third healthcare fund has closed a $204 million asset-backed securities financing. Goldman Sachs was the structuring and placement agent.
2 min read · 26 June 2018
Gurnet Point Capital, a healthcare-focused fund, has named Dr. Sophie Kornowski as senior partner. Currently, she's the executive vice president of Roche Partnering.
3 min read · 26 June 2018
Kramer Laboratories Inc, which is backed by Avista Capital Partners and Dana Holdings, has acquired Nizoral, an anti-dandruff shampoo brand. The seller was Janssen Pharmaceutica NV. No financial terms were disclosed. Ropes & Gray LLP provided legal counsel to Avista on the deal.
3 min read · 25 June 2018
