Healthcare Private Equity

Gemini Bio to Distribute Scinus Products in the U.S. | 8/18/2020

Adds Scinus Bioreactor to its portfolio. Contract Pharma Staff 08.18.20 Gemini Bioproducts, LLC , a supplier of cell culture solutions and a portfolio company of BelHealth Investment Partners, LLC, a New York-based healthcare private equity firm, has entered a distribution agreement with Scinus Cell Expansion Netherlands BV. Customers will now be able to purchase the Scinus Cell expansion bioreactor system directly from Gemini Bio in the U.S. This cell expansion …

COVID-19’s Impact on the Implantable Biomaterials Sector - Market to Decline by $6.3 Billion in 2020 due to Non-Emergency Surgeries Being Deferred in Order to Attend Critical COVID-19 Patients | PR Newswire | 8/4/2020

… temporary body contactline of bioresorbable filaments and powders. Implants with permanent body contact are based on VESTAKEEP PEEK, and with temporary body contact are based on RESOMER. In August 2019 , Linden, a US-based healthcare private equity firm, acquired Collagen Matrix Inc for an undisclosed amount. The acquisition is expected to be an operating partner-driven strategy and highlights their ongoing focus on medical products, and contract and private label …

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NaviMed Capital Announces Expansion of Investment and Operations Teams | PRWeb | 7/30/2020

… expansion of its team with the addition of two experienced investment professionals as well as an accomplished CFO/CCO. Josh Boylan – Vice President Mr. Boylan joins NaviMed Capital with more than five years of healthcare private equity investing experience at several well-regarded firms. At NaviMed he will focus on expanding the firm’s investment activity in hospital products, as well as contract development, manufacturing and distribution companies serving the healthcare …

McDermott Bolsters Life Sciences Roster with FDA Veteran | PR Newswire | 7/29/2020

… practice was also recognized by Chambers as “Health Team of the Year” in 2010, 2013, 2017 and 2019. McDermott has held the top spot in PitchBook’s League Tables as the most active firm for healthcare private equity since 2017. ABOUT MCDERMOTT McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 …

WindRose Health Investors Invests in Caregiver Inc. | PR Newswire | 7/28/2020

WindRose Health Investors Invests in Caregiver Inc. Transaction to Fuel Future Growth Based on Strong Business Model News provided by Jul 28, 2020, 07:00 ET Share this article NEW YORK , July 28, 2020 /PRNewswire/ – WindRose Health Investors, LLC (“WindRose”), the New York -based healthcare private equity firm, announced that it has completed the recapitalization of Caregiver Inc. (“Caregiver” or the “Company”), a leading provider of long-term care services and …

Caregiver Inc. Enters a New Partnership With WindRose Health Investors - news - Cincinnati Bell | 7/27/2020

… leading provider of long-term care services and supports to people with intellectual and developmental disabilities, announced today that it closed on a recapitalization with WindRose Health Investors , LLC (“WindRose”), a New York-based healthcare private equity firm. WindRose partnered with Caregiver’s executive team to recapitalize the business and provide additional capital to support future growth. With WindRose’s investment, Caregiver will be able to expand into new markets across the …

[Webinar] HPE Europe Summer Series - Webinar 3: What impact has Coronavirus had on doing healthcare deals? - July 2nd, 3:00 pm BST | 6/29/2020

In light of the COVID-19 pandemic, the third annual European Healthcare Private Equity Symposium will be conducted as a five-part webinar series, taking place over five weeks in a virtual tour across several European locations. An industry that has undergone massive change in recent months, healthcare remains an active private equity market. However the landscape is now more complex and fast-paced than ever before. As a leading …

Carlyle Group to Make High Medical Bills Higher | 6/24/2020

… health care and technology. In early 2020 Carlyle bought Trust HCS and MAK Systems. A January 13th press release on the Trust HCS deal stated : WindRose Health Investors, LLC (“WindRose”), the New York -based healthcare private equity firm, announced that it has completed the sale of substantially all of the assets of its portfolio company, Trust Healthcare Consulting Services, LLC (“TrustHCS” or the “Company”), to a healthcare joint venture established …

Gemini Bio opens new manufacturing facility in West Sacramento, California | 6/24/2020

News Gemini Bio opens new manufacturing facility in West Sacramento, California Gemini Bioproducts, LLC, a leading supplier of cell culture reagents and a portfolio company of BelHealth Investment Partners, LLC, a New York-based healthcare private equity firm, announced the opening of a new, state-of-the-art manufacturing facility in West Sacramento, California. Gemini Bio’s new facility was built to support the production of cell culture media, sera, buffers …

Gemini Bio Opens New cGMP Facility | 6/22/2020

… the cell and gene therapy market. Image courtesy of Gemini Bio. 06.22.20 Gemini Bioproducts LLC , a supplier of cell culture reagents and a portfolio company of BelHealth Investment Partners LLC, a New York-based healthcare private equity firm, has announced the opening of a new manufacturing facility in West Sacramento, California. Gemini Bio’s new facility was built to support the production of cell culture media, sera, buffers, and other reagents …

LBMC Names Five New Shareholders; Growth and Strategic Initiatives Lead to Promotions in Three of the Company’s Service Lines | 6/10/2020

NASHVILLE, Tenn.–(BUSINESS WIRE)–Jun 10, 2020– LBMC , one of the Southeast’s largest accounting and business consulting firms and a top 50 firm in the nation, today announced leadership appointments to accommodate company growth in areas dedicated to serving a variety of middle market, healthcare private equity and high net worth client needs. The company, which recently surpassed 700 total employees, has named five new shareholders in the Tax, Audit …

Vision Healthcare acquired for $336mn | 6/4/2020

Avista Capital Partners, a healthcare private equity firm, alongside VHC Investco have announced the acquisition of Vision Healthcare NV . The Belgium-based Vision, an omni-channel and direct-to-consumer healthcare company, is to be 50% owned by both firms. Having been founded in 2017, The company markets a range of self-care and over-the-counter products, with brands including Purasana, Bio-Oil, Vogue Cosmetics and Vitality Nutritionals. Yvan …

Orthopedics & Podiatry Investments | 6/2/2020

A transaction between a private equity fund and an orthopedic or podiatry practice can offer both parties significant value, according to experts who spoke on a panel titled “Orthopedics & Podiatry Investments” at the 17 th Annual Healthcare Private Equity & Finance Conference, held in Chicago on February 19 and 20, 2020. Experts included Andy Blankemeyer, CEO at Beacon Orthopedics, Robert Kinsella, Senior Managing Director at Kinsella Group, David Peterson, Managing Director …

Healthcare Private Equity and COVID-19: Five Key Trends and Considerations in Acquisitions - JD Supra | 6/1/2020

Healthcare Private Equity and COVID-19: Five Key Trends and Considerations in Acquisitions JD Supra from “health trends” - Google News https://ift.tt/2AZsTbJ via IFTTT …

Avista Capital Partners and VHC Investco Acquire Vision Healthcare NV in a Transaction Valued at $336 Million | 6/1/2020

… the direct-to-consumer consumer healthcare space in Europe and beyond News provided by Jun 01, 2020, 07:00 ET Share this article NEW YORK , June 1, 2020 /PRNewswire/ – Avista Capital Partners (“Avista”), a leading healthcare private equity firm, along with VHC Investco and company management, today announced the acquisition of Vision Healthcare NV (“Vision”), one of Europe’s fastest-growing omni-channel and direct-to-consumer healthcare companies. Avista and VHC …

Former Boston Scientific Executive Named Board Chairman at DYSIS Medical | 3/25/2020

… invasive hydrogel products to improve outcomes following cancer radiotherapy. Augmenix was sold to Boston Scientific Corp. in 2018 for $600 million. Prior to joining Augmenix, Pedersen served as a senior healthcare advisor for two healthcare private equity funds: The Gores Group and The Pritzker Group. In addition, he served on the Boards of Directors of medical device companies Clinical Innovations and Therakos. Prior to this, Pedersen was president of the …

Former Boston Scientific Exec Named DYSIS Medical Board Chairman | 3/25/2020

… invasive hydrogel products to improve outcomes following cancer radiotherapy. Augmenix was sold to Boston Scientific Corp. in 2018 for $600 million. Prior to joining Augmenix, Pedersen served as a senior healthcare advisor for two healthcare private equity funds: The Gores Group and The Pritzker Group. In addition, he served on the Boards of Directors of medical device companies Clinical Innovations and Therakos. Prior to this, Pedersen was president of the …

Across the Table, A Healthcare Private Equity Podcast | McGuireWoods | 3/23/2020

A Healthcare Private Equity Podcast March 23, 2020 Podcast This podcast provides timely and relevant discussions with specialists and professionals of the healthcare private equity and finance industry. We’ll share latest developments, provide insight, identify issues and talk takeaways. On Ep.1, Mark Freedlander , Pittsburgh partner, discusses distressed investing in the healthcare sector, including an overview of the out-of-court and formal-bankruptcy process, common issues in distressed M …

Arcadia Consumer Healthcare Acquires Iconic Over-the-Counter Anti-Diarrheal Medicine Kaopectate® | PR Newswire | 3/20/2020

… digit growth by driving breakthrough performance on Kaopectate through marketing investment and innovation, while helping millions of consumers who suffer from diarrhea and upset stomach.” Backed by Avista Capital Partners, a leading middle-market healthcare private equity firm, Arcadia markets a diverse portfolio of consumer healthcare products including Nizoral®, the fastest growing therapeutic dandruff shampoo, and Fungi-Nail®, a market leader in the speciality footcare category. With its demonstrated ability …

KICVentures Appoints Jake Lubinski as CEO of NanoFUSE Biologics | PRWeb | 3/19/2020

… KICVentures portfolio companies since 2013. Over the course of his career with KICVentures he has led operational, business development, and company growth and acquisition initiatives that have helped advance KICVentures as a leader in healthcare private equity . “I am excited to bring expertise and values that are aligned with our organization and I am confident in my ability to work alongside our talented leadership team and deliver on our ambitious …

Opalesque Exclusive: Healthcare private equity posts highest ever deal value in 2019 | 3/13/2020

Total disclosed deal value reached $78.9 billion, the highest on record, and the deal count of 313 was in line with the 316 deals of 2018, according to new data from Bain and Company. Healthcare private equity also outperformed all other sectors of private equity activity representing 18% of all disclosed deal value. The most active market was in the US. Along with deal activity, healthcare exits also posted a …

Healthcare private equity deals in 2019: 6 insights | Becker’s Hospital Review | 3/10/2020

The size of the average healthcare private equity deal rose 25 percent, to $78.9 billion, in 2019, according to Bain and Company’s ninth Global Healthcare Private Equity and Corporate M&A Report. Six other findings from the consulting firm’s report: 1. The increasing size of healthcare deal value in 2019 stemmed primarily from large buyouts, including the biggest buyout in the last decade: EQT and Abu Dhabi Investment Authority’s $10.1 …

2020 Vision: Healthcare Private Equity Sees Record Year With Disclosed Deal Values Climbing To $78.9 Billion | PR Newswire | 3/9/2020

NEW YORK , March 9, Healthcare private equity had a banner year in 2019, topping off a decade of remarkable growth. In the face of growing global macroeconomic instability, total deal values disclosed climbed to $78.9 billion dollars in 2019, the highest values on record. Total deals reached in 2019 numbered 313, slightly down from the 316 deals completed in 2018. These are the findings from Bain & Company’s ninth Global Healthcare …

Merryfield Raises $3.5 M, Set to Launch App That Rewards Clean Label Purchases | 2/13/2020

Merryfield, a soon-to-launch app that rewards shoppers with gift cards for buying clean label products, announced this week that it has raised $3.5 million in a seed round. Merryfield , which will launch on iOS in April, was founded by David Mayer, a former healthcare private equity investor, and Joe Dickson, former director of quality standards at Whole Foods Market. The app curates a list of packaged goods products …

Novena Global, Sinopharm, and Cedarlake establish US$150 million Sino-Singapore Healthcare Fund | 2/13/2020

Novena Global also secures US$20 million in funding from Sinopharm and Cedarlake for its China and Southeast Asia expansion. February 12, 2020 /VCNewsNetwork/ — 24/6/2019 – Singapore-based healthcare firm Novena Global Lifecare, together with Chinese healthcare private equity firm Sinopharm Capital and investor Cedarlake Capital has raised a US$150 million healthcare-focused fund targeting Southeast Asian businesses. Known as the Sino-Singapore Healthcare Fund, the vehicle will be used …

Clinical Documentation Improvement

WindRose Health Investors Completes Sale of Trust Healthcare Consulting Services, LLC | PR Newswire | 1/13/2020

healthcare private equity firm, announced that it has completed the sale of substantially all of the assets of its portfolio company, Trust Healthcare Consulting Services, LLC (“TrustHCS” or the “Company”), to a healthcare joint venture established by an affiliate of The Carlyle Group and Cannae Holdings. Terms of the transaction were not disclosed. TrustHCS is a provider of staffing and advisory services for coding, clinical documentation improvement (“CDI”), denial management …

WindRose Health Investors Completes Sale of Trust Healthcare Consulting Services, LLC | Yahoo News | 1/13/2020

healthcare private equity firm, announced that it has completed the sale of substantially all of the assets of its portfolio company, Trust Healthcare Consulting Services, LLC (“TrustHCS” or the “Company”), to a healthcare joint venture established by an affiliate of The Carlyle Group and Cannae Holdings. Terms of the transaction were not disclosed. TrustHCS is a provider of staffing and advisory services for coding, clinical documentation improvement (“CDI”), denial management …

Telehealth

Access Physicians Receives Investment to Expand National Acute Care Delivery via Telemedicine | PR Newswire | 11/7/2019

… acute subspecialty telemedicine, today announced it has secured $9.3M in a Series A round from Health Enterprise Partners (HEP), a healthcare private equity firm whose investors include some of the largest health systems and health … this year. “Today’s health care landscape continues to change rapidly. Telehealth is no longer the future – it is the present. The Texas Hospital Association identified a dependable telehealth partner for Texas hospitals in Access Physicians …

Bass, Berry & Sims appoint Humphreys and Thomas as co-chairs of healthcare PE team | PE Hub | 9/5/2019

… September 5, 2019 Law firm Bass, Berry & Sims has named Angela Humphreys and Ryan Thomas as co-chairs of the healthcare private equity team. Thomas will also serve as chair of the firm’s general industry … information technology, healthcare REITS, managed care, behavioral, population health management, telehealth and physician practice management, anesthesia, cardiology, dental, emergency department, fertility, dermatology, gastroenterology, oncology, ophthalmology, orthopedics, radiology, urgent care, urology and more. About Bass, Berry …

Population Health

Bass, Berry & Sims appoint Humphreys and Thomas as co-chairs of healthcare PE team | PE Hub | 9/5/2019

… September 5, 2019 Law firm Bass, Berry & Sims has named Angela Humphreys and Ryan Thomas as co-chairs of the healthcare private equity team. Thomas will also serve as chair of the firm’s general industry … specialty pharmacy, healthcare information technology, healthcare REITS, managed care, behavioral, population health management, telehealth and physician practice management, anesthesia, cardiology, dental, emergency department, fertility, dermatology, gastroenterology, oncology, ophthalmology, orthopedics, radiology, urgent care, urology and more …

Health Enterprise Partners Announces Promotion and New Hire | PR Newswire | 7/8/2019

NEW YORK , July 8, Health Enterprise Partners (“HEP”), a healthcare private equity firm, is pleased to announce the promotion of Elizabeth Colonna to Vice President and the hiring of Jessie Laurash as Senior Associate. “Elizabeth … where she helped healthcare delivery systems across the country establish population health management infrastructure and capabilities. Jessie also spent several years as a consultant at Booz Allen Hamilton focusing on healthcare policy and reform engagements …

ACO

Pharos ups Shelton to principal | PE Hub | 7/9/2019

… Capital Group has promoted Ryan Shelton to principal. His appointment is effective immediately. Shelton joined the Dallas and Nashville-based healthcare private equity firm in 2006. PRESS RELEASE DALLAS and NASHVILLE, Tenn., July 9, 2019 … He currently serves on the boards of portfolio companies Alereon, Beacon Specialized Living, Charter Healthcare Group, Family Treatment Network, FasPsych, and Verdi Oncology. He holds a B.B.A. in Finance and a B.A. in Economics from …

WindRose Health Investors Completes Recapitalization of Healthmap Solutions, Inc. | PR Newswire | 5/29/2019

healthcare private equity firm, announced the completion of an equity recapitalization of Healthmap Solutions, Inc. (“Healthmap” or the “Company”) with a commitment of $85 million . Healthmap is a specialty health management company focused on progressive diseases, with particular expertise in kidney populations. Health plans, including Medicare Advantage and employer-sponsored plans, as well as accountable care organizations (ACOs) and provider groups turn to Healthmap’s value-based solutions to improve the …

Pfizer

NavaDerm Partners adds Dan Wechsler as Executive Chairman | PR Newswire | 12/2/2019

… the “Company”), a Northeast-focused dermatology services company and portfolio company of BelHealth Investment Partners (“BelHealth”), a New York -based healthcare private equity firm, announced the appointment of Dan Wechsler as Executive Chairman. Dan is … Dan was previously an executive at Merck & Co., Schering-Plough, Pfizer Inc., Melinta Therapeutics, and The Upjohn Company. Dan holds a Master of Philosophy from University of Rochester , as well as a B.A. from the …

NavaDerm Partners adds Dan Wechsler as Executive Chairman | The Wapakoneta Daily News | 12/2/2019

… the “Company”), a Northeast-focused dermatology services company and portfolio company of BelHealth Investment Partners (“BelHealth”), a New York -based healthcare private equity firm, announced the appointment of Dan Wechsler as Executive Chairman. Dan is … Dan was previously an executive at Merck & Co., Schering-Plough, Pfizer Inc., Melinta Therapeutics, and The Upjohn Company. Dan holds a Master of Philosophy from University of Rochester , as well as a B.A. from the …

Merck

NavaDerm Partners adds Dan Wechsler as Executive Chairman | PR Newswire | 12/2/2019

… the “Company”), a Northeast-focused dermatology services company and portfolio company of BelHealth Investment Partners (“BelHealth”), a New York -based healthcare private equity firm, announced the appointment of Dan Wechsler as Executive Chairman. Dan is … Pharmaceuticals at Bausch + Lomb. Dan was previously an executive at Merck & Co., Schering-Plough, Pfizer Inc., Melinta Therapeutics, and The Upjohn Company. Dan holds a Master of Philosophy from University of Rochester , as well as …

NavaDerm Partners adds Dan Wechsler as Executive Chairman | The Wapakoneta Daily News | 12/2/2019

… the “Company”), a Northeast-focused dermatology services company and portfolio company of BelHealth Investment Partners (“BelHealth”), a New York -based healthcare private equity firm, announced the appointment of Dan Wechsler as Executive Chairman. Dan is … Pharmaceuticals at Bausch + Lomb. Dan was previously an executive at Merck & Co., Schering-Plough, Pfizer Inc., Melinta Therapeutics, and The Upjohn Company. Dan holds a Master of Philosophy from University of Rochester , as well as …

Envision Healthcare

BelHealth-backed ICP appoints Meadows as CEO | PE Hub | 11/13/2019

… member and past Board Member for the Florida College of Emergency Physicians. Dr. Meadows was previously a divisional CEO for Envision Healthcare, one of the country’s largest hospital-based physician groups, which was purchased by … Partners BelHealth Investment Partners, based in New York, is a healthcare private equity firm focused on lower middle market companies. BelHealth has a unique combination of investing, executive management and entrepreneurial experience. BelHealth acquires majority …

Heady competition for healthcare assets may change the route to returns | PE Hub | 4/24/2019

… 18 deals greater than $1 billion each, including the largest buyout in at least a decade: KKR ’s purchase of Envision Healthcare for $9.9 billion. Corporate buyers also jumped in, nudging healthcare M&A to … Murphy and Nirad Jain are partners with Bain & Co’s global healthcare private equity practice. Reach them at +1 617-572-2000. Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and …

Optum

Follow the Money: Safe Harbor Marinas Gets $41M, Mooala Nets $8.3M; Improving Acquires Code Authority | 11/7/2019

… subspecialty telemedicine, has secured $9.3 million in a Series A round from Health Enterprise Partners, a New York City-based healthcare private equity firm. Health Enterprise Partners’ investors include some of the largest health systems … and roughly $700 million in debt, reports The Japan Times. Optum acquires Plano health tech firm Vivify The Optum division of UnitedHealth Group has acquired Vivify Health, the Plano-based remote patient monitoring startup, for …

UnitedHealthcare, Optum support beneficiaries devastated by storms & more — 5 ASC industry notes | Becker’s ASC Review | 4/23/2019

Sponsored by VMG Health 214.369.4888 UnitedHealthcare, Optum support beneficiaries devastated by storms & more — 5 ASC industry notes Written by Eric Oliver Here are five updates on ASC companies and industry-relevant companies to note: Minnetonka … according to Towson, Md.-based SurgCenter Development. The number of healthcare private equity deals rose to a record 265 in 2017, with KKR’s $10 billion buyout of Nashville, Tenn.-based Envision Healthcare among the largest …

athenahealth

Luisa Beltran wrote a new post, PE HUB Healthcare Wire Highlights, 8.29.19, on the site PE Hub | 8/29/2019

healthcare private equity M&A will catch up. Hubsters, why is this? Have all the good companies been sold? Recession fears causing buyers to be cautious? Email your thoughts to me at The biggest PE healthcare deal so far this year is AthenaHealth , PitchBook said. Veritas Capital and Elliot Management agreed to buy the US healthcare software maker for $5.7 billion. The deal closed in February. When it comes to …

Heady competition for healthcare assets may change the route to returns | PE Hub | 4/24/2019

… looked increasingly attractive compared with the private market. That was part of the logic behind the $5.7 billion acquisition of athenahealth by Veritas and Elliott Management ’s Evergreen Coast Capital . What’s ahead for the rest … Murphy and Nirad Jain are partners with Bain & Co’s global healthcare private equity practice. Reach them at +1 617-572-2000. Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and …

VMG Health

5 private equity trends to know | Becker’s ASC Review | 5/10/2019

Sponsored by VMG Health 214.369.4888 5 private equity trends to know Written by Rachel Popa Competition may lead to higher prices being paid for healthcare assets this year, according to global management consulting firm Bain & Company’s 2019 healthcare private equity report. Five trends: 1. To mitigate risks, private equity funds may partner with corporate or other financial sponsors when writing larger checks for healthcare assets. 2. Bain & Co. expects competition …

UnitedHealthcare, Optum support beneficiaries devastated by storms & more — 5 ASC industry notes | Becker’s ASC Review | 4/23/2019

Sponsored by VMG Health 214.369.4888 UnitedHealthcare, Optum support beneficiaries devastated by storms & more — 5 ASC industry notes Written by Eric Oliver Here are five updates on ASC companies and industry-relevant companies to note: Minnetonka … according to Towson, Md.-based SurgCenter Development. The number of healthcare private equity deals rose to a record 265 in 2017, with KKR’s $10 billion buyout of Nashville, Tenn.-based Envision Healthcare among the largest …

Avalere Health

Healthcare leaders look at the past, present and future of consolidation | FierceHealthcare Payer | 5/2/2019

… Healthcare private equity deals, including providers, rose 50% to $63.1 billion, topping 2017’s level of $42.6 billion, and deal count rose to 316 in 2018 from 265 in 2017, according to Boston-based consulting company Bain & Company. Add to that the 8,000 medical practices acquired by hospitals between July 2016 and July 2018, according to data compiled by the Physicians Advisory Institute and the consulting company Avalere Health. Some …

Healthcare leaders look at the past, present and future of consolidation | FierceHealthcare | 5/2/2019

… Healthcare private equity deals, including providers, rose 50% to $63.1 billion, topping 2017’s level of $42.6 billion, and deal count rose to 316 in 2018 from 265 in 2017, according to Boston-based consulting company Bain & Company. Add to that the 8,000 medical practices acquired by hospitals between July 2016 and July 2018, according to data compiled by the Physicians Advisory Institute and the consulting company Avalere Health. Some …

Doctor on Demand

Healthcare leaders look at the past, present and future of consolidation | FierceHealthcare Payer | 5/2/2019

… Annals of Internal Medicine. A database that tracks such activity indicated that private equity firms acquired 102 practices in 2017. Healthcare private equity deals, including providers, rose 50% to $63.1 billion, topping 2017’s level … retail locations. Humana recently announced it’s partnering with telehealth company Doctor on Demand on a new virtual primary care model that offers patients access to a primary care physician with lower monthly premiums. “It’s a …

Healthcare leaders look at the past, present and future of consolidation | FierceHealthcare | 5/2/2019

… Annals of Internal Medicine. A database that tracks such activity indicated that private equity firms acquired 102 practices in 2017. Healthcare private equity deals, including providers, rose 50% to $63.1 billion, topping 2017’s level … and coordinated. Humana recently announced it’s partnering with telehealth company Doctor on Demand on a new virtual primary care model that offers patients access to a primary care physician with lower monthly premiums. Blue Cross …

DW Healthcare Partners

WindRose Health Investors Invests in Caregiver Inc. | PR Newswire | 7/28/2020

… 07:00 ET Share this article NEW YORK , July 28, 2020 /PRNewswire/ – WindRose Health Investors, LLC (“WindRose”), the New York -based healthcare private equity firm, announced that it has completed the recapitalization of Caregiver Inc. (“Caregiver … quality care to more clients. WindRose purchased its stake from DW Healthcare Partners and Council Capital, who will both retain an ownership stake in the business going forward. “We are excited to partner with WindRose …

WindRose Health Investors

WindRose Health Investors Invests in Caregiver Inc. | PR Newswire | 7/28/2020

WindRose Health Investors Invests in Caregiver Inc. Transaction to Fuel Future Growth Based on Strong Business Model News provided by Jul 28, 2020, 07:00 ET Share this article NEW YORK , July 28, 2020 /PRNewswire/ – WindRose Health Investors, LLC (“WindRose”), the New York -based healthcare private equity firm, announced that it has completed the recapitalization of Caregiver Inc. (“Caregiver” or the “Company”), a leading provider of long-term care services and …

Pharos Capital Group

ForsterBoughman Represents Orlando Area Autism Spectrum Disorder Group Alpine Academy and Interventions Unlimited in Transaction with the Family Treatment Network | Benzinga | 1/16/2020

… Pharos Capital Group, a healthcare private equity firm. ForsterBoughman attorneys Kathryn P. Jones, Gary A. Forster and Paige L. Minch handled the deal with assistance of attorney Eric C. Boughman on medical and technology transfer issues. Jing Zhou, who founded Interventions Unlimited and Alpine Academy, will remain with the organizations, as CEO and continue to lead their growth. “Deals involving private equity firms present special challenges, particularly in the context …

The Carlyle Group

WindRose Health Investors Completes Sale of Trust Healthcare Consulting Services, LLC | PR Newswire | 1/13/2020

healthcare private equity firm, announced that it has completed the sale of substantially all of the assets of its portfolio company, Trust Healthcare Consulting Services, LLC (“TrustHCS” or the “Company”), to a healthcare joint venture established by an affiliate of The Carlyle Group and Cannae Holdings. Terms of the transaction were not disclosed. TrustHCS is a provider of staffing and advisory services for coding, clinical documentation improvement (“CDI”), denial management …

Carlyle Group

WindRose Health Investors Completes Sale of Trust Healthcare Consulting Services, LLC | PR Newswire | 1/13/2020

healthcare private equity firm, announced that it has completed the sale of substantially all of the assets of its portfolio company, Trust Healthcare Consulting Services, LLC (“TrustHCS” or the “Company”), to a healthcare joint venture established by an affiliate of The Carlyle Group and Cannae Holdings. Terms of the transaction were not disclosed. TrustHCS is a provider of staffing and advisory services for coding, clinical documentation improvement (“CDI”), denial management …

GHO Capital

GHO Capital Acquires Ardena, a Leading CDMO Providing Early Stage Drug Development and Manufacturing for Small-to-mid Sized Biopharma | Business Wire | 1/9/2020

LONDON- Global Healthcare Opportunities, or GHO Capital Partners LLP, the European specialist investor in healthcare, together with the existing management team has acquired Ardena, a specialist contract development and manufacturing organization (CDMO) focused on early … forward.” GHO recently announced the close of their second specialist healthcare private equity fund at its hard cap of €975m and last year completed investments in Sterling Pharma and BioAgilytix as well as exits from …

BelHealth

Gemini Bio to Distribute Celartia Products in US | 1/9/2020

Almac Discovery Appoints BD VP 01.09.20 Gemini Bioproducts , a supplier of cell culture solutions and a portfolio company of BelHealth Investment Partners, a New York-based healthcare private equity firm, has formed a distribution agreement with Celartia . Effective immediately, customers can now purchase Celartia’s line of closed, single-use cell culture cassettes directly from Gemini. Columbus, OH-based Celartia manufactures the Petaka G3, a closed, single-use, disposable cell culture …

Grant Avenue Capital

Grant Avenue Capital Announces Strategic Partnership | PR Newswire | 1/7/2020

Grant Avenue Capital Announces Strategic Partnership East Rock Capital and GCM Grosvenor Back Healthcare Private Equity Firm News provided by Jan 07, 2020, 07:55 ET Share this article NEW YORK , Jan. 7, 2020 /PRNewswire/ – Grant Avenue Capital, LLC, www.GrantAveCap.com , a healthcare-focused, middle-market private equity firm, announced today that it has finalized a strategic partnership with East Rock Capital, LLC, and GCM Grosvenor. Buddy Gumina , founder and managing partner …

Apax Partners

Grant Avenue Capital Announces Strategic Partnership | PR Newswire | 1/7/2020

Grant Avenue Capital Announces Strategic Partnership East Rock Capital and GCM Grosvenor Back Healthcare Private Equity Firm News provided by Jan 07, 2020, 07:55 ET Share this article NEW YORK , Jan. 7, 2020 /PRNewswire/ – Grant … as senior equity partner of the global healthcare team at Apax Partners, a leading international private equity firm. Mr. Gumina founded and led the build-out of Apax Partners’ U.S. healthcare buyout practice over the …

Health Enterprise Partners

Health Enterprise Partners Takes the ParityPledge® as Part of Its Commitment to Improving the Pathway for Women in Leadership Positions | PR Newswire | 1/2/2020

NEW YORK , Jan. 2, 2020 /PRNewswire/ – Health Enterprise Partners , a healthcare private equity firm, today announced it has taken the ParityPledge. ® The ParityPledge asks that companies commit to interviewing at least one qualified woman candidate for every open position, vice president and above. The ParityPledge is an initiative of Parity.org , a 501(c)(3) non-profit organization focused on bringing gender equality to the highest levels of business. “The healthcare …

Morgan Stanley

SVB Financial Group Announces Pricing of $350 Million Preferred Stock Depositary Shares Offering | PR Newswire | 12/2/2019

… of a portion of its outstanding debt, including the early redemption of its outstanding $350 million 5.375% Senior Notes due 2020, which is set to occur on December 20, 2019 . BofA Securities, Inc., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering. Keefe, Bruyette & Woods, Inc. is acting as co-manager. The offering is being made pursuant to an effective …

G Square

McDermott To Host European Healthcare Private Equity Leadership Forum 2019 | PR Newswire | 9/24/2019

LONDON International law firm McDermott Will & Emery to host its second annual European Healthcare Private Equity Leadership Forum on September 26, 2019 at the Four Seasons Hotel in London . “The Forum is a must-attend … alongside Apposite Capital, Apax Partners, Aretex Capital Partners, GHO Capital, G Square Capital and Five Arrows/Rothschild, and McDermott partners, will discuss the innovative collaborations and trends that are transforming the European and international healthcare …

Veritas Capital

Luisa Beltran wrote a new post, PE HUB Healthcare Wire Highlights, 8.29.19, on the site PE Hub | 8/29/2019

healthcare private equity M&A will catch up. Hubsters, why is this? Have all the good companies been sold? Recession fears causing buyers to be cautious? Email your thoughts to me at The biggest PE healthcare deal so far this year is AthenaHealth , PitchBook said. Veritas Capital and Elliot Management agreed to buy the US healthcare software maker for $5.7 billion. The deal closed in February. When it comes to …

Merrill Lynch

Iris Dorbian wrote a new post, DWHP promotes three, on the site PE Hub | 8/21/2019

… investment and subsequent sale of PRIME Education. Prior to DWHP, Gabe worked at Alberta Investment Management Corporation, TorQuest Partners, and Merrill Lynch & Co., and Gabe earned his HBA degree from the Richard Ivey School of … He currently serves on the Young Leaders Council of the Healthcare Private Equity Association. Aaron Kennedy is promoted to Vice President. Aaron has been in the Toronto DWHP office for four years. He is currently …

TorQuest Partners

Iris Dorbian wrote a new post, DWHP promotes three, on the site PE Hub | 8/21/2019

… instrumental in DWHP’s investment and subsequent sale of PRIME Education. Prior to DWHP, Gabe worked at Alberta Investment Management Corporation, TorQuest Partners, and Merrill Lynch & Co., and Gabe earned his HBA degree from the Richard … He currently serves on the Young Leaders Council of the Healthcare Private Equity Association. Aaron Kennedy is promoted to Vice President. Aaron has been in the Toronto DWHP office for four years. He is currently …

Shore Capital Partners

SouthStar Urgent Care Names Laura Miller President | Business Wire | 7/10/2019

LAFAYETTE, La.- SouthStar Urgent Care, a leading provider of urgent care services and clinics in Louisiana and portfolio company of Shore Capital Partners (Shore Capital), a leading lower middle market healthcare private equity firm, today announced that Laura Miller was recently appointed President and Chief Operating Officer of the Company. This leadership change, supported by the SouthStar Urgent Care Board of Directors, took effect in spring of 2019. Former Chief …

HealthCare Partners

Kirk Falconer wrote a new post, DW Healthcare Partners acquires majority of WillowWood, on the site PE Hub | 6/7/2019

DW Healthcare Partners acquires majority of WillowWood June 7, 2019 Print Email Photo courtesy of JohnnyGreig/E+/Getty Images Canadian healthcare private equity firm DW Healthcare Partners (DWHP) has acquired a majority stake in WillowWood , a Mount Sterling, Ohio-based designer, maker and distributor of prosthetic products and services. No financial terms were disclosed. The seller was the Arbogast family, which has owned and operated WillowWood since its founding in …

Summit Partners

Healthcare private equity deals reach record levels in 2018 | FierceHealthcare | 4/23/2019

… to the report. “Last year was an incredible year for healthcare deals,” Nirad Jain, co-head of Bain & Company’s global healthcare private equity and corporate M&A practices, said in a statement. “Despite an especially … bought Italian pharmaceutical group Recordati for $7.4 billion. Optum and Summit Partners acquired staffing firm Sound Inpatient Physicians for $2.2 billion . Along with health IT and providers, home care and hospice drew strong interest from …

Beecken Petty O'Keefe

Annie Lamont Awarded HCPEA Lifetime Achievement Award | PRWeb | 12/19/2017

The Healthcare Private Equity Association (HCPEA) has announced it will honor Annie Lamont with its 2017 Russell L. Carson Award for lifetime achievement in healthcare investing. Annie, Co-Founder and Managing Partner of Oak HC/FT, is recognized for her 30+ year career supporting the creation and growth of many of the healthcare industry’s most successful and dynamic companies. A renowned investor, Annie has applied her integrity, intelligence, and passion …

Beecken Petty O'Keefe & Company

Annie Lamont Awarded HCPEA Lifetime Achievement Award | PRWeb | 12/19/2017

The Healthcare Private Equity Association (HCPEA) has announced it will honor Annie Lamont with its 2017 Russell L. Carson Award for lifetime achievement in healthcare investing. Annie, Co-Founder and Managing Partner of Oak HC/FT, is recognized for her 30+ year career supporting the creation and growth of many of the healthcare industry’s most successful and dynamic companies. A renowned investor, Annie has applied her integrity, intelligence, and passion …

Humana

BelHealth-backed NavaDerm taps Murphy as CEO | PE Hub | 11/5/2019

… Humana. NavaDerm is a Northeast-focused dermatology services company. PRESS RELEASE New York, New York – November 5, 2019 – NavaDerm Partners (“NavaDerm” or the “Company”), a Northeast-focused dermatology services company and portfolio company of BelHealth Investment Partners (“BelHealth”), a New York-based healthcare private equity firm, announced the appointment of Dr. John Murphy as Chief Executive Officer. John Murphy, MD, MBA, CPE, has over 30 years of experience in physician …

John Murphy, M.D., Joins NavaDerm as CEO | PR Newswire | 11/5/2019

healthcare private equity firm, announced the appointment of Dr. John Murphy as Chief Executive Officer. John Murphy , MD, MBA, CPE, has over 30 years of experience in physician services. Previously, Dr. Murphy served as Regional Vice President and Chief Medical Officer at Humana ( New York ) (NYSE: HUM ). Prior to Humana, Dr. Murphy was Chief Executive Officer at Delaware Valley Urology, a New Jersey -based urology organization offering the full scope …

John Murphy

NavaDerm Partners adds Dan Wechsler as Executive Chairman | PR Newswire | 12/2/2019

… the “Company”), a Northeast-focused dermatology services company and portfolio company of BelHealth Investment Partners (“BelHealth”), a New York -based healthcare private equity firm, announced the appointment of Dan Wechsler as Executive Chairman. Dan is … and helping guide NavaDerm through its next growth phase.” Dr. John Murphy, NavaDerm CEO and Board Director, added “We are thrilled to have Dan join NavaDerm. Dan is a seasoned practice management and pharma executive …

Dan Wechsler

NavaDerm Partners adds Dan Wechsler as Executive Chairman | PR Newswire | 12/2/2019

NEW YORK NavaDerm Partners (“NavaDerm” or the “Company”), a Northeast-focused dermatology services company and portfolio company of BelHealth Investment Partners (“BelHealth”), a New York -based healthcare private equity firm, announced the appointment of Dan Wechsler as Executive Chairman. Dan is a highly experienced practice management leader and senior pharmaceutical executive. Previously, Dan served as President and CEO of Smile Brands, a privately held dental service organization with 4,500 employees …

Jerry Tillinger

US Digestive Health Launches, Forming One of the Largest Gastroenterology Practices in the Country | Globe Newswire | 11/5/2019

… committed to connecting communities to better digestive health by providing easy and convenient access to cost-effective gastroenterology services,” said Jerry Tillinger, CEO of US Digestive Health. “An aging U.S. population will drive the need … Health was formed by Amulet Capital Partners, LP (“Amulet”), a healthcare private equity investment firm based in Greenwich, Connecticut, in partnership with member practice partner physicians. For more information, visit https://usdigestivehealth.com / Media contact: Liz …

Kirk Falconer

Kirk Falconer wrote a new post, Persistence Capital Partners invests in MCA Dental Group, on the site PE Hub | 9/17/2019

Persistence Capital Partners invests in MCA Dental Group September 17, 2019 By Kirk Falconer Photo courtesy of Rawpixel/iStock/Getty Images Ottawa-based dental service organization MCA Dental Group Ltd earlier this month secured an investment from Persistence Capital Partners (PCP), a Canadian healthcare private equity firm. Terms weren’t released for the deal, which follows an initial investment made by PCP in early 2018. Established in 2017 by CEO Ken …

Luisa Beltran

Luisa Beltran wrote a new post, PE HUB Healthcare Wire Highlights, 8.29.19, on the site PE Hub | 8/29/2019

… billion, according to PitchBook . This compares with 232 deals for all of the third quarter in 2018, valued at $25.8 billion. With roughly one month left in Q3, it doesn’t appear as though healthcare private equity M&A will catch up. Hubsters, why is this? Have all the good companies been sold? Recession fears causing buyers to be cautious? Email your thoughts to me at The biggest PE healthcare deal …

Eric Moore

Iris Dorbian wrote a new post, DWHP promotes three, on the site PE Hub | 8/21/2019

… DW Healthcare Partners , a healthcare-focused private equity firm, has made three promotions: Gabe Becher is now a managing director; Eric Moore has become a principal; and Aaron Kennedy has been upped to vice president … He currently serves on the Young Leaders Council of the Healthcare Private Equity Association. Aaron Kennedy is promoted to Vice President. Aaron has been in the Toronto DWHP office for four years. He is currently …

Aaron Kennedy

Iris Dorbian wrote a new post, DWHP promotes three, on the site PE Hub | 8/21/2019

… equity firm, has made three promotions: Gabe Becher is now a managing director; Eric Moore has become a principal; and Aaron Kennedy has been upped to vice president. Becher joined the firm three years ago … He currently serves on the Young Leaders Council of the Healthcare Private Equity Association. Aaron Kennedy is promoted to Vice President. Aaron has been in the Toronto DWHP office for four years. He is currently …

Richard Ivey

Iris Dorbian wrote a new post, DWHP promotes three, on the site PE Hub | 8/21/2019

… worked at Alberta Investment Management Corporation, TorQuest Partners, and Merrill Lynch & Co., and Gabe earned his HBA degree from the Richard Ivey School of Business. Eric Moore is promoted to Principal. Eric joined DWHP’s Toronto … He currently serves on the Young Leaders Council of the Healthcare Private Equity Association. Aaron Kennedy is promoted to Vice President. Aaron has been in the Toronto DWHP office for four years. He is currently …

Gary Herschman

Healthcare leaders look at the past, present and future of consolidation | FierceHealthcare Payer | 5/2/2019

… we can’t see the station anymore. Things will look a lot different in the next three to five years,” said Gary Herschman, an attorney in the healthcare and life sciences practice at Epstein Becker Green … indicated that private equity firms acquired 102 practices in 2017. Healthcare private equity deals, including providers, rose 50% to $63.1 billion, topping 2017’s level of $42.6 billion, and deal count rose to 316 in …

Robert Burns

Healthcare leaders look at the past, present and future of consolidation | FierceHealthcare Payer | 5/2/2019

… Annals of Internal Medicine. A database that tracks such activity indicated that private equity firms acquired 102 practices in 2017. Healthcare private equity deals, including providers, rose 50% to $63.1 billion, topping 2017’s level … of consolidation and vertical integration in the 1990s, said Lawton Robert Burns, Ph.D., director of the Wharton Center for Health Management and Economics at the Wharton School of the University of Pennsylvania. RELATED: Private equity …

Nirad Jain

Heady competition for healthcare assets may change the route to returns | PE Hub | 4/24/2019

Heady competition for healthcare assets may change the route to returns April 24, 2019 Kara Murphy and Nirad Jain, partners with Bain & Co’s global healthcare PE practice. Photos courtesy of the firm. By Kara Murphy … Murphy and Nirad Jain are partners with Bain & Co’s global healthcare private equity practice. Reach them at +1 617-572-2000. Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and …