Private Equity
TractManager has acquired Littleton, Colorado-based Equipment Management & Technology Solutions, which manages capital equipment and service contract negotiations for hospitals and health systems. No financial terms were disclosed. TractManager is owned by Arsenal Capital Partners.
3 min read · 13 February 2018
Platinum Dermatology Partners has acquired Center for Dermatology & Plastic Surgery, an Arizona-based dermatology practice. No financial terms were disclosed. Platinum is backed by Sterling Partners.
3 min read · 13 February 2018
Spectrum Plastics Group has acquired Apex Resource Technologies, a provider of specialty plastics for the medical device industry. No financial terms were disclosed. Spectrum Plastics Group is owned by AEA Investors.
2 min read · 13 February 2018
2 min read · 12 February 2018
2 min read · 12 February 2018
France-based ArchiMed, a healthcare-focused private equity firm, have hired Benoît Adelus and André-Michel Ballester as partners. Adelus was the chairman and CEO of Sebia while Ballester is currently chairman of ArchiMed portfolio company Citieffe.
3 min read · 12 February 2018
Philadelphia-based 1315 Capital has closed its second healthcare growth equity fund at a hard cap of over $300 million, beating its $250 million target. The limited partners of 1315 Capital II include endowment, foundation, public and private pension and family offices.
2 min read · 12 February 2018
3 min read · 12 February 2018
Stone Point Capital LLC has agreed to acquire a majority stake in Genex Services, a provider of cost containment services for the workers’ compensation, disability and auto industries. The seller is Apax Partners. No financial terms were disclosed. The deal is expected to close in the first quarter of this year. SunTrust Robinson Humphrey was strategic and financial adviser to Genex. UPDATE: Apax’s investment in Genex has generated a 3x multiple of invested capital, a source said.
4 min read · 09 February 2018
Alliance Physical Therapy Management LLC, an affiliate of GPB Capital and Alliance Physical Therapy Partners, has agreed to acquire the U.S. operations of Agility Health Inc, a healthcare operator. The deal is valued at $45 million. Livingstone Partners was financial adviser to Agility Health on the transaction.
3 min read · 09 February 2018
