Private Equity
Aveanna Healthcare, which is backed by Bain Capital and J.H. Whitney, has agreed to acquire Pasadena, California-based Premier Healthcare Services, a provider of pediatric services. No financial terms were disclosed. The deal is expected to close in mid-to-late June. Edge Healthcare Partners was financial adviser to Aveanna on the transaction while Lincoln International did likewise for Premier.
3 min read · 10 May 2018
NewSpring has made an investment in Vybe, an operator of urgent care centers based in the Greater Philadelphia region. No financial terms were disclosed for the investment that was made along with the Philadelphia College of Osteopathic Medicine. In conjunction with the funding, Dr. Kapila Ratnam of NewSpring and Dr. Jay S. Feldstein of PCOM will join Vybe’s board of directors.
4 min read · 10 May 2018
The Riverside Company has acquired Georgia-based DoseLogix, a provider of metered dosing dispensers and applicators to compound pharmacies, as an add-on for its Team Technologies platform. No financial terms were disclosed. Jones Day and KPMG served as legal counsel and accounting adviser, respectively, on the transaction while Antares and Ares provided the incremental financing.
3 min read · 10 May 2018
Periscope Equity LLC has made an undisclosed investment in Integrated Behavioral Health. Mesirow Financial provided financial advice to IBH on the transaction while Katten Muchin Rosenman LLP provided legal counsel to Periscope. Based in Costa Mesa, California, IBH is a provider of behavioral health and employee engagement products and solutions.
3 min read · 08 May 2018
Spectrum Medical Partners Inc, a portfolio company of HealthEdge Investment Partners LLC, has acquired Florida-based Cape Coral Hospitalists Inc, a private hospitalist group. No financial terms were disclosed.
3 min read · 08 May 2018
Apervita, a healthcare-focused platform-as-a-service company, has named James P. Bradley as chair and independent director for its board of directors. Bradley is chief information officer of UnitedHealthCare and chief technology strategy officer at McKesson Corporation. Apervita is a portfolio company of Baird Capital.
3 min read · 07 May 2018
Genstar Capital has named Dr. John Hubbard to its strategic advisory board. Recently, Hubbard was president and CEO of Bioclinica Inc.
2 min read · 07 May 2018
2 min read · 04 May 2018
Care Advantage, a portfolio company of BelHealth Investment Partners, has promoted Tim Hanold to CEO. Hanold joined the company in 2018 and recently was president and executive vice president of sales as well as leader of the personal care division.
2 min read · 03 May 2018
The PromptCare Companies, which is backed by The Halifax Group, has acquired Charlotte, North Carolina-based Hometown Oxygen, a provider of respiratory services. No financial terms were disclosed.
2 min read · 03 May 2018
