Private Equity
3 min read · 18 December 2017
New Mountain Capital has made a majority investment to support the merger of IMA Consulting, a healthcare solutions and consulting firm and Revint Solutions, a provider of revenue integrity and recovery services for healthcare providers. No financial terms were disclosed. Cain Brothers served financial adviser to IMA on the transaction.
2 min read · 18 December 2017
TA Associates has made an investment in Sugar Land, Texas-based Healix, a provider of infusion therapy management services and compounded intravenous pharmaceuticals for physician practices and hospitals. No financial terms were disclosed. Deloitte & Touche served as financial adviser to TA Associates while Guggenheim Securities and Ernst and Young did likewise for Healix.
4 min read · 18 December 2017
The Carlyle Group has agreed to buy a majority stake in King of Prussia, Pennsylvania-based MedRisk, a provider of physical medicine solutions for the workers' compensation sector. No financial terms were disclosed. As a result of the transaction, TA Associates is exiting MedRisk. The deal is expected to close before the end of 2017. Jefferies LLC was financial adviser to Carlyle on deal while Centerview Partners LLC did likewise for MedRisk.
3 min read · 18 December 2017
Varsity Healthcare Partners, a healthcare services-focused private equity firm, has appointed Dr. Ronald D. Geraty as an operating partner. He is a former CEO for a number of private equity-owned healthcare services companies that include Alere.
2 min read · 18 December 2017
Carlyle Group and Level Equity have agreed to buy Net Health. Financial terms weren’t announced. Spectrum Equity is the seller. Net Health, of Pittsburgh, is a software provider for specialized outpatient care. News of the deal was previously reported by Buyouts.
5 min read · 18 December 2017
Prelude Fertility, which is backed by Lee Equity Partners, has closed its previously announced acquisition of Franklin, Tennessee-backed Vivere Health, which owns and operates ambulatory surgery centers and in-vitro fertilization facilities. No financial terms were disclosed. Cain Brothers provided financial advice to Vivere on the deal. Vivere Health was backed by LLR Partners.
1 min read · 15 December 2017
Silverfleet Capital has agreed to acquire a majority stake in 7days, a German maker of medical workwear. No financial terms were disclosed. Alvarez & Marsal provided financial advice to Silverfleet on the transaction.
4 min read · 15 December 2017
Revelstroke Capital Partners has recapitalized Westfield, Massachusetts-based ONsite Mammography, a provider of in-office mammography services. No financial terms were disclosed. Winston & Strawn LLP provided legal advice to Revelstoke on the deal while Kahan, Kerensky, & Capossela LLP did likewise to ONsite Mammography.
2 min read · 14 December 2017
Back in Motion Physical Therapy LLC, which is owned by Alliance Physical Therapy Partners, has acquired Maine-based Results Physical Therapy, an operator of outpatient physical therapy clinics. No financial terms were disclosed. Alliance Physical Therapy Partners is owned by GPB Capital.
4 min read · 13 December 2017
