Private Equity
Acuity Eyecare Group, a portfolio company of Riata Capital Group, has appointed Eric Anderson as CEO. Previously, he was executive vice president at Fossil Group. Acuity owns and operators eyecare groups and optometry practices in North America.
4 min read · 14 March 2018
Citra Health Solutions, a portfolio company of Great Point Partners, has named Scott Sanner as CEO. His appointment becomes effective immediately. Sanner's work background including holding several senior positions at Change Healthcare. Based in Jacksonville, Florida, Citra is a provider of benefit administration technology solutions and care management services.
3 min read · 13 March 2018
Escalier Biosciences BV, a biopharmaceutical company with offices in Encintas, California and The Netherlands, has secured $19 million in Series B financing. Forbion led the round with return backers New Science Ventures and BioGeneration Ventures. In conjunction with the funding, Marco Boorsma, a general partner at Forbion, who will join Escalier's board of directors.
1 min read · 13 March 2018
ICV Partners has acquired Franklin, Tennessee-based Outpatient Imaging Affiliates, a provider of outpatient radiology services. The sellers were OIA's founder Frank Kyle and MedCare Investment Funds, a family office. Canaccord Genuity provided financial advice to the sellers on the transaction.
3 min read · 13 March 2018
2 min read · 12 March 2018
PDC Brands, a provider of beauty and personal care products, has appointed John F. Owen as chief financial officer. Previously, Owen was CFO of Beam Suntory. PDC Brands is backed by CVC Capital Partners and Leonard Green & Partners.
3 min read · 12 March 2018
Beekman Investment Partners has closed a recapitalization of Cleveland-based REVA, a global fixed wing air medical platform. No financial terms were disclosed for the deal that was done alongside Directional Aviation LLC and Goldman Sachs Specialty Lending Group.
4 min read · 12 March 2018
Patricia Industries, which is part of Investor AB, has agreed to acquire the majority of Sarnova from Water Street Healthcare Partners. No financial terms were disclosed. Water Street and Sarnova founder Matthew D. Walter will retain their minority stakes in the company. Cain Brothers & Company, a division of KeyBanc Capital Markets, was the sole financial adviser to Patricia Industries on the transaction. Dublin, Ohio-based Sarnova is a national distributor of healthcare products.
3 min read · 12 March 2018
The Clorox Company has agreed to acquire Sunrise, Florida-based Nutranext, a maker of dietary and nutritional supplements for $700 million. The seller is WM Partners.
4 min read · 12 March 2018
3 min read · 09 March 2018