Welsh, Carson, Anderson & Stowe related stories
All articles and analysis
- WCAS finances InnovAge conversion to for-profit
Private equity firm Welsh, Carson, Anderson & Stowe agreed to provide financing to InnovAge, a senior care company with locations in Colorado, New Mexico and California, which is converting from nonprofit to for-profit. Net proceeds from the sale of InnovAge assets—$196 million, plus a potential $8 million earn out in 2018—will be used to fund The NextFifty Inititive, a Colorado elder care foundation.
- Pamplona TMT Fund I raises $1 bln
Pamplona Capital Management LLP said May 10 that Pamplona TMT Fund I LP raised $1 billion. Pamplona TMT I will invest in technology, media, and telecommunications (TMT) companies. The fund has already invested $50 million in Dyn.
- Pamplona closes $1bn tech fund
The firm has launched its first sector specific vehicle that will invest in high-growth companies.
- Welsh, Carson-backed Aptuit acquires Exquiron Biotech
Welsh, Carson, Anderson & Stowe-backed Aptuit, LLC acquired Exquiron Biotech, a research company focused on early phase drug discovery services. Terms of the deal were not disclosed.
- Welsh, Carson closes QuickBase buy
Welsh, Carson, Anderson & Stowe said April 1 it has completed its buy of the QuickBase business from Intuit Inc. Financial terms weren’t announced. The business will now be called QuickBase Inc and will be led by CEO Allison Mnookin. Cambridge, Massachusetts-based QuickBase provides a low-code application development platform.
- Welsh, Carson, Anderson & Stowe to buy QuickBase from Intuit
Welsh, Carson, Anderson & Stowe (WCAS) has agreed to buy the QuickBase business of Intuit Inc. Financial terms weren’t announced. QuickBase is a software development platform. WCAS said QuickBase will operate as a stand-alone company in Cambridge, Massachusetts. QuickBase General Manager Allison Mnookin will be named CEO.
PE HUB First ReadIn Thursday's Second Opinion, Sanders wins Michigan in a big upset over Clinton, and Trump takes Michigan and Mississippi, Intuit agrees to sell QuickBase to Welsh Carson, and Jeff Bezos lifts the veil on his rocket company, Blue Origin.
- Welsh, Carson, Anderson & Stowe to buy QuickBase from Intuit
Welsh, Carson, Anderson & Stowe agreed to acquire QuickBase from Intuit Inc. Based in Cambridge, Massachusetts, QuickBase offers a development platform with a low-code interface, enabling users to create custom applications without learning code. Financial terms of the deal were not disclosed.