Private Equity
2 min read · 25 January 2018
Baltimore-based Paragon Bioservices, a producer of biopharmaceuticals and vaccines has named Dr. Philip Wills as chief commercial officer, John Conner as chief manufacturing officer and Dr. William Thomas, Jr. as chief scientific officer. Also, the company has hired Randy Henrickson as vice president of manufacturing and Dermot McCaul as vice president of information technology. Paragon is backed by NewSpring Capital and Camden Partners.
4 min read · 25 January 2018
2 min read · 24 January 2018
2 min read · 24 January 2018
Care Advantage, a provider of home health services, has appointed Tim Hanold as president, executive vice president of sales and leader of the personal care division. Hanold's work background includes various positions at Humana and its home care subsidiary SeniorBridge. Care Advantage is a portfolio company of BelHealth Investment Partners.
2 min read · 23 January 2018
Softbox Systems, a portfolio company of Great Point Partners, has acquired UK-based TP3 Global, a maker of thermal protection covers for the pharmaceutical sector. No financial terms were disclosed.
3 min read · 23 January 2018
Avista Pharma Solutions, a portfolio company of Ampersand Capital Partners, has acquired Edinburgh, Scotland-based Solid Form Solutions Ltd, a provider of solid state chemistry and crystallization development services for clients in the pharmaceutical industry. No financial terms were disclosed.
3 min read · 23 January 2018
Abacus Financial Group LLC provided $18 million in credit facilities to support Altus Capital Partners' take-private acquisition of MGC Diagnostics Corp. Based in Saint Paul, Minnesota, MGC is a medical tech company focused on cardiorespiratory health solutions. Goulston & Storrs PC provided legal counsel to Abacus on the transaction.
2 min read · 23 January 2018
Summit Partners has acquired a minority stake in Advance Medical, a provider of telehealth services. No financial terms were disclosed.
3 min read · 22 January 2018
American Surgical Professionals, a portfolio company of Great Point Partners, has acquired Maryland-based Chesapeake Medical Staffing, a provider of nurse staffing and allied health services to acute and post-acute care facilities throughout the East Coast. No financial terms were disclosed.
3 min read · 22 January 2018