Private Equity
3 min read · 04 April 2018
Welsh, Carson, Anderson & Stowe and Charlotte Radiology have formed US Radiology Specialists, a physician-owned radiology group. No financial terms were disclosed. John Perkins will serve as CEO. Leerink Partners LLC provided financial advice to Charlotte Radiology, with McGuireWoods LLP serving as legal counsel. And, Ropes & Gray was legal counsel to WCAS.
3 min read · 04 April 2018
NXT Capital has provided a senior credit facility to back PNC Riverarch Capital's acquisition of Tranzonic. No financial terms were disclosed. Cleveland-based Tranzonic is a supplier of consumable maintenance, cleaning, safety and hygiene products.
2 min read · 04 April 2018
Beecken Petty O'Keefe & Company has agreed to sell PMG Intermediate Holding Corporation, the parent company of Paragon Medical, Inc, to NN Inc. No financial terms were disclosed. The transaction is expected to close in the second quarter of 2018. Based in Pierceton, Indiana, Paragon Medical is a maker of cases and trays, reusable and single-use surgical instruments and implantable components for the medical device marketplace.
2 min read · 04 April 2018
New York City-based Health Enterprise Partners, a healthcare-focused private equity firm, has raised $156.05 million for its third fund, according to an SEC filing. No target was listed on the document.
1 min read · 03 April 2018
The Riverside Company has sold Melbourne, Australia-based Work Health Group, a provider of occupational rehabilitation care management services, employment services and disability support. No financial terms were disclosed. Deloitte Corporate Finance and Herbert Smith Freehills advised Work Health Group on the transaction.
2 min read · 03 April 2018
Medlogix, a medical claims management provider, formerly known as CSG, has named Rob Gelb as executive vice president of business development. Medlogix is backed by Excellere Partners.
2 min read · 03 April 2018
Bridge Medicines, a drug discovery company, has named Dr. Louis M. Renzetti as chief scientific officer. Recently, he was chief research and early development officer for Gotham Therapeutics. Bridge Medicines is backed by Deerfield Management and Bay City Capital.
3 min read · 03 April 2018
MedBridge, a provider of patient engagement and clinical education solutions, has raised an undisclosed amount of funding. The investor was LLR Partners. DCS Advisory was financial adviser to MedBridge in the transaction.
3 min read · 03 April 2018
Veritas Capital has agreed to acquire GE Healthcare's value-based care division for $1.05 billion in cash. The deal is expected to close during the third quarter of 2018. Morgan Stanley and Keval Health are providing financial advice to GE on the deal while Goldman Sachs and William Blair & Company are doing likewise for Veritas Capital.
4 min read · 02 April 2018
