Healthcare

PE-backed Strategic Health Services buys Miami primary care medical practice

Strategic Health Services, a portfolio company of MBF Healthcare Partners LP, has acquired Miami-based Dr. Jesus B. Menendez-Rivera's primary care medical practice. No financial terms were disclosed.

BelHealth-backed Care Advantage acquires Care Solutions

Care Advantage, a portfolio company of BelHealth Investment Partners, has acquired Hampton, Virginia-based Care Solutions, a provider of home personal care services. No financial terms were disclosed.

Former Bush official's firm finds exit for one of its last companies in New Mountain deal

Numotion, backed by Audax and LLR, hires adviser for 2018 process

Ziegler taps McGough as MD for healthcare investment banking team

Ziegler has named Brian McGough as a managing director for its healthcare investment banking team. McGough will be based in Chicago.

PE-backed EyeSouth buys Georgia Ophthalmology Associates

EyeSouth Partners, a portfolio company of Shore Capital Partners, has acquired Georgia Ophthalmology Associates, a provider of medical and surgical specialty eye care services. No financial terms were disclosed.

New Mountain backs Censeo and Advance Health

New Mountain Capital has acquired a majority ownership stake in two companies: Dallas-based CenseoHealth, a provider of prospective health assessments for health plans and healthcare delivery organizations; and Chantilly, Virginia-based Advance Health, a provider of prospective health assessment. No financial terms were disclosed. Goldman Sachs was financial adviser to Censeo while TripleTree provided financial advice to Advance Health. And, Deutsche Bank served as financial adviser to New Mountain Capital.

Water Street acquires Alliance Life Sciences and Health Strategies Group

Water Street Healthcare Partners has acquired Alliance Life Sciences and Health Strategies Group. No financial terms were disclosed. Water Street will merge Alliance and Health Strategies with portfolio company The Access Group. Alliance is a provider of global pricing analytic tools and data, outsourced contract and revenue management services for the life sciences sector while Health Strategies is a provider of market access intelligence and customized research for pharmaceutical and biotech professionals.

New growth equity firm Granite Growth debuts

Granite Growth Health Partners, a new growth equity firm focused on health services companies, has launched. Granite Growth will make investments between $10 million and $50 million. Granite Growth is backed by HarbourVest Partners.

Athyrium Capital and Neuberger Berman wrap up healthcare fund at about $2 bln

Athyrium Capital Management LP and Neuberger Berman has closed its latest healthcare fund at about $2.025 billion. The limited partners of Athyrium Opportunities Fund III include public and private pension funds, endowments, foundations and sovereign wealth funds. The fund will focus on a wide variety of healthcare sectors that include pharmaceuticals, medical products, diagnostics, healthcare services and healthcare information technology.