Private Equity
Grand Lakes Management Services Organization, which is backed by Sterling Partners, has acquired Grand Rapids, Michigan-based Walker Surgical Center, a provider of surgical care.
3 min read · 20 November 2017
Hospice Source, a portfolio company of Transition Capital Partners, has acquired Gainesville, Georgia-based Home Medical Professionals, a provider of medical supplies and equipment. No financial terms were disclosed.
2 min read · 20 November 2017
Burlington, Massachusetts-based scPharmaceuticals Inc, a biopharmaceutical company that is developing drugs for subcutaneous delivery, has raised $89.6 million for its IPO after pricing its 6.4 million shares at $14 per share. The stock began trading November 17, 2017 on the NASDAQ under the ticker symbol "SCPH." Jefferies, Leerink Partners and BMO Capital Markets are the lead underwriters. The company's pre-IPO backers include OrbiMed, 5AM Ventures and Lundbeckfond Ventures.
2 min read · 17 November 2017
Caligor Holdco LLC, which is owned by Diversis Capital, has acquired The Coghlan Group, a Texas-based materials management service company for clinical trials. No financial terms were disclosed.
4 min read · 16 November 2017
Diplomat Pharmacy has agreed to acquire St. Louis, Missouri-based LDI Integrated Pharmacy Services, a pharmacy benefit manager, for $515 million in cash. The sellers include Nautic Partners LLC and Oak HC/FT Partners LLC. J.P. Morgan Securities LLC provided financial advice to Diplomat on the deal while Houlihan Lokey did likewise to LDI.
4 min read · 16 November 2017
Imagia has acquired Cadens Medical Imaging, a provider of medical imaging software. No financial terms were disclosed. Imagia is backed by BDC Capital and Fidelity Investments Canada.
3 min read · 15 November 2017
Leonard Green & Partners has acquired a majority stake in Boca Raton, Florida-based MDVIP, a provider of affordable personalized healthcare solutions. The seller was Summit Partners. No financial terms were disclosed. As a result of the deal, Summit Partners will retain a minority stake in MDVIP.
4 min read · 15 November 2017
Excellere Partners has sold TrialCard to Odyssey Investment Partners LLC. No financial terms were disclosed. Based in Morrisville, North Carolina, TrialCard provides product access, medication adherence and patient support services on behalf of drug manufacturers.
3 min read · 15 November 2017
ConnectiveRx, which is backed Genstar Capital, has acquired Pittsburgh-based Careform, a provider of services that drive patient and provider engagement and support. No financial terms were disclosed.
3 min read · 15 November 2017
Long Ridge Equity Partners has made an undisclosed investment in Burlington, Massachusetts-based Ametros Financial Corp, a provider of post-settlement medical administration solutions. As a result of the investment, Clarion Capital Partners will remain a significant shareholder in Ametros.
3 min read · 14 November 2017