Healthcare

PE-backed Smile Brands and Johnson Family Dental buy Newbury Park Dental Studio

Smile Brands, a portfolio company of Gryphon Investors, and its affiliate Johnson Family Dental, have acquired California-based Newbury Park Dental Studio. No financial terms were disclosed.

China's Hua Medicine plans $400 million Hong Kong IPO, led by Goldman, say sources: Reuters

Chinese drug developer Hua Medicine is planning to raise at least $400 million in an initial public offering in Hong Kong in the latest in a series of biotech floats in the city, sources told Reuters.

KKR to buy majority stake in Heartland Dental from Ontario Teachers'

KKR has agreed to acquire a majority stake in Effingham, Illinois-based Heartland Dental, a dental support organization. The sellers include Ontario Teacher's Pension Plan. No financial terms were disclosed. Jefferies LLC was the financial adviser.

PE-backed CORA expands with acquisitions

CORA Health Services, an operator of outpatient physical therapy services, has made several acquisitions, among them, the Tennessee and Kentucky-based Champion Physical Therapy; and Virginia-based Professional Therapies of Roanoke. No financial terms were disclosed. CORA is a portfolio company of Gryphon Investors.

Water Street said to bring Premise Health to market

GPB Capital-backed Alliance PT completes Agility U.S. operations acquisition

Alliance Physical Therapy Management LLC, an affiliate of GPB Capital and Alliance Physical Therapy Partners, has completed its acquisition of the U.S. operations of Agility Health Inc, a healthcare operator. The price of the deal was about $45 million.

GoldPoint backs Spectrum Vision Partners

Spectrum Vision Partners, a management services organization serving the ophthalmology sector, has raised an undisclosed amount of funding. The investors were GoldPoint Partners and Spectrum's current private equity backer Blue Sea Capital as well as GCM Grosvenor and Hamilton Lane on behalf of the New York State Common Retirement Fund.

Bridge Bank provides $6 mln to Biolase

Irvine, California-based Biolase, a provider of dental lasers, has secured a $6 million revolving line of credit from Bridge Bank, a division of Western Alliance Bank. The financing will be used for working capital.

Webster walks away with third healthcare-staffing agency

PE-backed Revint Solutions acquires Naveos

Revint Solutions, a portfolio company of New Mountain Capital, has acquired Naveos LLC, a healthcare data anlytics provider. The seller was Tamroc Partners. No financial terms were disclosed. Ziegler was financial adviser on the sale.