Private Equity
2 min read · 19 March 2018
Water Street Healthcare Partners and JLL Partners have closed their previously announced acquisition of Milwaukee-based Dohmen Life Sciences Services, which provides biopharmaceutical and medical device companies with services in the areas of patient support, supply chain, compliance, finance and technology. The seller was The Dohmen Company. No financial terms were disclosed.
3 min read · 19 March 2018
Ampersand Capital Partners has closed its latest fund at $450 million. AMP-18 will focus on the healthcare sector and make both majority and minority investments in companies with $10 to $100 million in revenues and positive EBITDA. The fund's limited partners include endowments, foundations, pension plans, insurance companies, multi-manager funds and family offices. Goodwin Procter LLP provided legal services to Ampersand on the fundraising.
2 min read · 19 March 2018
Pharos Capital Group LLC has launched Verdi Oncology, an oncology practice and clinical research management company and made its first acquisition for the platform: Lafayette, Indiana-based Horizon Oncology, a provider of oncology and hematology services. No financial terms were disclosed. Wes Chapman will serve as CEO of Verdi.
4 min read · 19 March 2018
Apax Partners has agreed to acquire Becton, Dickinson and Company's remaining minority stake in Chicago-based Vyaire Medical, a provider of respiratory care solutions. No financial terms were disclosed. Upon closing of the transaction, which is expected to happen at the end of April, Apax will own 100 percent of Vyaire Medical. In October 2016, Apax acquired a minority stake in Vyaire Medical, previously BD's respiratory solutions business.
3 min read · 19 March 2018
Parthenon Capital Partners has made an investment in Waltham, Massachusetts-based Trinity Partners, a life sciences strategy consulting firm. No financial terms were disclosed. Baird was financial adviser to Trinity on the transaction.
3 min read · 16 March 2018
Fundamantal Advisors LP, an alternative asset manager focused on public purpose assets, has acquired a mezzanine loan secured by interests in Tandem Health Care, a skilled nursing and long-term portfolio, for $112 million. The seller was HCP Inc. Sidley Austin LLP provided legal counsel to Fundamental on the transaction. The Tandem portfolio consists of 41 senior care facilities in Florida, Pennsylvania and Virginia.
2 min read · 16 March 2018
3 min read · 16 March 2018
2 min read · 14 March 2018
Caltius Structured Capital has provided debt and an equity investment in Kent, Washington-based Imagenet, a provider of paper-to-electronic solutions for healthcare companies, retailers and other markets. No financial terms were disclosed. The capital will be used to refinance debt, fund a shareholder dividend and provide growth financing.
2 min read · 14 March 2018