Private Equity
4 min read · 03 May 2018
Healthcare investment firm CRG has appointed Todd Holmes as a principal. Previously, Holmes was a senior associate at Third Rock Ventures. Also, he was a founding member and director at Gurnet Point Capital.
2 min read · 02 May 2018
NXT Capital provided an $80 million senior credit facility to back Tailwind Capital's acquisition of Abode Health. Based in Durango, Colorado, Abode Healthcare is a provider of hospice and home health services.
2 min read · 02 May 2018
Avista Capital Partners and Dana Holdings have acquired Coral Gables, Florida-based Kramer Laboratories, a provider of over-the-counter foot care and specialty cough products. No financial terms were disclosed. Ropes & Gray LLP provided legal counsel to Avista on the transaction while Akerman LLP did likewise for Kramer.
4 min read · 02 May 2018
White Oak Healthcare Finance has provided funding to Indianapolis-based Hopebridge LLC, a provider of pediatric, clinic-based, outpatient therapy services to children and adolescents with developmental and behavioral challenges. No financial terms were disclosed. Hopebridge is backed by Baird Capital.
3 min read · 02 May 2018
Amulet Capital Partners LP has formed CC Amulet Management LLC, a specialty dental platform that will provide business and practice management services to Children’s Choice Pediatric Dental Care, a California-based dental services provider focused on children, infants, adolescents and those with special needs. No financial terms were disclosed. McDermott Will & Emery advised Amulet on the transaction.
2 min read · 02 May 2018
Abacus Finance Group LLC provided $22.5 million in senior secured credit facilities to support the Thompson Street Capital Partners' buyout of Transnet YX Inc. Abacus also made an equity co-investment in Transnet YX. Based in Memphis, Transnet YX is a molecular diagnostic laboratory providing research animal genotyping services to the pharmaceutical and academic research communities.
3 min read · 02 May 2018
TA Associates has made an undisclosed investment in Datix, a specialty healthcare patient safety software provider. Arma Partners served as financial adviser to Datix on the transaction. Previous backer Five Arrows Principal Investments will retain a "significant" stake in Datix. In addition to the funding, Naveen Wadhera, a managing director at TA Associates, and Ethan Liebermann, a principal at TA Associates, have been added to Datix's board of directors.
4 min read · 02 May 2018
MW Industries Inc, a portfolio company of American Securities, has acquired LaVezzi Precision Inc, a maker of medical implants, device components and surgical instrumentation. No financial terms were disclosed. Livingstone provided financial advice to LaVezzi on the deal.
2 min read · 01 May 2018
National Health Investors Inc has acquired five assisted living/memory care communities for $69.75 million. The properties, which will be leased to a Bickford Senior Living affiliate, are based in Columbus and Cleveland, Ohio and Erie, Pennsylvania.
2 min read · 01 May 2018