Warburg Pincus related stories
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Ascension Ventures backs Intelligent Medical ObjectsAscension Ventures has made an undisclosed investment in Illinois-based Intelligent Medical Objects Inc, a provider of medical terminology solutions for electronic health record systems. The transaction follows Warburg Pincus' recent investment in IMO.
- Longitude Capital promotes Richardson to MD
Longitude Capital has promoted Dr. Josh Richardson to managing director. Richardson originally was hired by the company in 2011. Then from 2014 to early 2016, Richardson worked at HealthCor Management where he served as a public equities analyst. In 2016, Richardson rejoined Longitude Capital.
- Uber rival Grab to buy Indonesian online payment startup for over $100 million, says source: Reuters
Grab is likely to announce a deal to buy Indonesian online payment startup Kudo for over $100 million, a source told Reuters, in a move that will help the Southeast Asian ride-hailing firm roll out its services to more customers.
- Warburg Pincus-backed Specialists On Call acquires NeuroCall
Specialists On Call Inc, a portfolio company of Warburg Pincus LLC, has acquired Miami-based NeuroCall Inc, a provider of tele-stroke and tele-neurology services to acute care hospitals, critical access hospitals and freestanding emergency rooms. No financial terms were disclosed.
- Warburg Pincus invests in Nexera Holding
Warburg Pincus has made a growth investment in Nexera Holding LLC. Financial terms weren’t announced. Nexera, of Emeryville, California, is a residential mortgage lender.
- Warburg Pincus managing director joins Trump admin
The former managing director, who focused on public policy and ESG at the firm, previously served in the Bush administration.
- Werfen and Instrumentation Lab to buy PE-backed Accriva Diagnostics
Barcelona, Spain-based Werfen, a medical diagnostics firm and its Bedford, Massachusetts-based subsidiary Instrumentation Laboratory have agreed to acquire Accriva Diagnostics, a portfolio company of Warburg Pincus. No financial terms were disclosed. J.P. Morgan Securities LLC provided financial advice Accriva on the transaction.
- Warburg Pincus-owned Crossmark names Sales Agency president
Crossmark, a sales and marketing services company that is owned by Warburg Pincus, has appointed Jami McDermid as president of the Sales Agency. She joined Crossmark in October 2016 as chief client officer and a member of the executive leadership team. Prior to Crossmark, McDermid worked at MillerCoors where she served as chief business transformation officer.