Private Equity
Duke Street has sold its controlling stake in Baywater Healthcare UK to Bastide Group. No financial terms were disclosed. Baywater is a provider of oxygen-therapy, sleep apnoea therapy and non-invasive ventilation therapy services to patients in the home.
2 min read · 12 January 2018
Alliance HealthCare Services, which is owned by Tahoe Investment Group, has agreed to acquire Nashville-based e+CancerCare, a provider of cancer care services. The seller was Kohlberg & Company L.L.C. No financial terms were disclosed. J.P. Morgan Securities LLC is providing financial advice to Alliance HealthCare Services on the transaction.
4 min read · 11 January 2018
Financo, a consumer-focused investment bank, has hired Douglas Lehrman as a managing director. Lehrman is a 30-year veteran of the healthcare services, fitness and wellness space as both an investment banker and principal investor.
3 min read · 11 January 2018
AccessOne, which is backed by Capital One Bank and Frontier Capital, has agreed to acquire HealthFirst Financial, a provider of patient financing programs for healthcare organizations. No financial terms were disclosed. Marion Financial Corp. and Armstrong Teasdale LLP advised HealthFirst while Womble Bond Dickinson LLP advised AccessOne.
3 min read · 11 January 2018
HealthPrize Technologies, a provider of adherence and patient engagement technology for the life sciences sector, has named Michael A. Griffith as executive chairman. Griffith is an operating partner at Altamont Capital Partners.
2 min read · 11 January 2018
Shanda Group has increased its investment in Franklin, Tennessee-based Community Health Systems, an operator of general acute care hospitals in communities across the country. No financial terms were disclosed. As a result of the transaction, Shanda now has a 24 percent stake in Community Health Systems.
2 min read · 11 January 2018
Five Points Healthcare, a portfolio company of Fulcrum Equity Partners has merged with Broomall, Pennsylvania-based Millenium Home Health Care, a home health provider. No financial terms were disclosed. The combined company will operate under Five Points Healthcare LLC.
3 min read · 10 January 2018
Oakbrook Terrace, Illinois-based Arbour Group, a provider of regulatory compliance services for the global life sciences industry, has secured an undisclosed amount of funding. The investor was Keystone Capital Inc.
2 min read · 09 January 2018
BayMark Health Services, a provider of opioid treatment centers, has merged with Healthcare Resource Centers, a outpatient services provider that specializes in treating opioid dependency. No financial terms were disclosed. BayMark is backed by Webster Capital.
2 min read · 09 January 2018
Radiology Partners has acquired Southern California-based Renaissance Imaging Medical Associates Inc, a radiology practice and provider of specialized diagnostic imaging services delivered in hospitals and outpatient imaging centers. No financial terms were disclosed. Radiology Partners was backed by New Enterprise Associates and Future Fund. Cain Brothers served as financial adviser to RIMA on the transaction.
1 min read · 09 January 2018
