Private Equity
Grand Lakes Management Services Organization, which is backed by Sterling Partners, has acquired Michigan-based Shoreline Vision, a eye care group practice. No financial terms were disclosed.
3 min read · 09 January 2018
KKR has closed its second private credit fund at $2.24 billion.
1 min read · 08 January 2018
The Carlyle Group and Level Equity have agreed to acquire Pittsburgh-based Net Health, a provider of cloud-based clinical documentation, practice management, and billing solutions for specialized outpatient healthcare providers. The seller was Spectrum Equity. No financial terms were disclosed.
4 min read · 08 January 2018
3 min read · 08 January 2018
Hammond, Kennedy, Whitney & Company Inc has sold Evansville, Indiana-based Health Resources Inc, a provider of dental benefit programs to employers in Indiana and Kentucky. The buyer was Paramount Health. No financial terms were disclosed. Cain Brothers served as financial adviser to HRI on the transaction while Taft Stettinius & Hollister LLP provided legal advice.
2 min read · 05 January 2018
MTS Health Partners, a healthcare-focused investment bank, has hired Kazuki Kusaka as a partner. Previously, Kusaka worked at Lazard where he led the healthcare practice for 10 years.
2 min read · 05 January 2018
Francisco Partners has agreed to acquire Brookfield, Wisconsin-based Connecture Inc, which provides information systems used to create health insurance marketplaces. According to terms of the deal, Francisco Partners will pay $0.35 per share for each share of Connecture common stock not held either by them or another Connecture backer Chrysalis Ventures or their affiliates. Kirkland & Ellis LP is providing legal advice to Francisco Partners on the deal while DLA Piper LLP (US) is doing likewise for Connecture.
3 min read · 05 January 2018
Mousse Partners has made an investment in Santa Monica, California-based Beautycounter, a provider of skin care and beauty products. No financial terms were disclosed. In addition to the funding, Parker Hayden, a managing director and head of U.S. private equity at Mousse Partners, will join Beautycounter's board of directors.
3 min read · 05 January 2018
Crown Laboratories, a portfolio company of Hildred Capital Partners, has acquired Vita Liberata, an Irish maker of sunless tanning and skincare products. No financial terms were disclosed. Centerview Partners served as financial adviser to Crown Laboratories with Lowenstein Sandler and A&L Goodbody providing legal advice. And, The Sage Group and Tughans served as financial and legal advisers, respectively, to Vita Liberata.
4 min read · 05 January 2018
2 min read · 05 January 2018
