We have co-written a column with Scott Becker and Bart Walker, McGuireWoods partners, and Brooke Murphy, Becker’s Healthcare writer, on “Private Equity In Healthcare – A Review of 15 Niche Investment Areas” for Becker’s Hospital Review.
The article provides … Continue Reading
Council Capital has announced it has closed its third PE fund, Council Capital III, LP.
Council Capital, based in Nashville, is a healthcare PE firm with approximately $300 million of capital under management. It makes control and minority investments, … Continue Reading
Advent International has announced it will acquire a majority ownership interest in ATI Physical Therapy (ATI) from KRG Capital Partners.
ATI, headquartered in Bolingbrook, Ill., is a privately held healthcare company specializing in outpatient rehabilitation and adjacent healthcare services. … Continue Reading
Sverica Capital Management has announced it has closed its fourth private equity fund — Sverica Capital Partners Fund IV LP — at its hard cap of $275 million.
Sverica, a lower middle market PE firm with offices in Boston … Continue Reading
An increase in attention to and awareness of gender equality in private equity is a step in the right direction, experts say in a Law360 column.
As a recent Preqin report notes, only 10.5% of senior roles at North … Continue Reading
Synlogic has announced it has secured $40 million in series B financing.
Synlogic, based in Cambridge, Mass., is a biopharmaceutical company focused on the development of a class of therapeutics, called synthetic biotics. Synlogic’s two lead therapeutic programs are … Continue Reading
Our partner Scott Downing and I published a piece in AAOS Now last month that I thought investors might also be interested in.
We’ve written in the past about the steadily mounting interest by private equity investors in various physician … Continue Reading
In the past decade, the list of investors that have put their capital to work in the healthcare and life sciences industries has grown dramatically. Healthcare and life sciences offer some undeniable opportunities that continue to fuel investor interest, and … Continue Reading
“We’re looking for a symbiotic platform that will have a disruptive effect in a rapidly expanding ecosystem.” A private equity colleague of ours described this conversation, which he overheard at the most recent J.P. Morgan health care conference in San … Continue Reading
Retail clinics have grown substantially in number and popularity since their emergence in the early 2000s. Retail clinics are limited healthcare clinics that operate outside of physician offices and hospitals, typically in pharmacies, grocery stores, and ”big box” stores like … Continue Reading
It’s deal time! The 2016 JP Morgan Healthcare Conference has set the tone for another successful year for healthcare investing. A company’s financial health is a key factor in the underwriting process for any type of loan and, in the … Continue Reading
A September 2015 Consero survey of general counsels (GCs) from mid-size to large U.S. hospital and health systems provides some interesting insight into the top issues facing legal departments.
Highlights include the following:
… Continue Reading
- 94% of surveyed GCs said they are
Scholar Rock has announced it has secured $36 million in series B financing.
Scholar Rock, based in Cambridge, Mass., is a biotechnology company focused on developing drugs that selectively target supracellular activation of growth factors in the disease microenvironment. … Continue Reading
OrbiMed has announced the closing of its next venture capital fund with $950 million in limited partner commitments.
OrbiMed, headquartered in New York City, is an investment firm dedicated to the healthcare sector, with over $16 billion in assets … Continue Reading
Allena Pharmaceuticals has announced it has secured $53 million in series C financing.
Allena, based in Newton, Mass., is biopharmaceutical company focused on developing and commercializing nonsystemic oral protein therapeutics to treat metabolic and orphan diseases.
The financing round … Continue Reading
Our McGuireWoods colleagues published a piece about the recently released work plan for the OIG in 2016, provided here as Part 1 of 2. We closely review the annual release of this plan as it can provide valuable insights into … Continue Reading
Overall U.S. healthcare spending increased 5.3% in 2014 to reach $3.0 trillion, according to a report from CMS’ Office of the Actuary.
The study indicated the growth experienced in 2014 was primarily attributable to major coverage expansions under the … Continue Reading
Warburg Pincus has announced it has successfully raised its latest global fund, Warburg Pincus Private Equity XII.
The fund, launched in May 2015, has received commitments in excess of its $12 billion hard cap.
Warburg Pincus, founded in 1966 … Continue Reading
Wellspring Capital Management has announced it has acquired AdvoServ.
Wellspring, headquartered in New York, is a middle-market PE firm that manages more than $3 billion of private equity capital.
AdvoServ, headquartered in Bear, Del., is an operator of … Continue Reading
PE firm Warburg Pincus has announced it will invest up to $300 million in new pharmaceutical company Vertice Pharma.
Vertice Pharma, which has its U.S. headquarters in New Jersey, will focus on acquiring specialty pharmaceutical companies and products. It was … Continue Reading
Atreca has announced it has secured $56 million in series A funding.
Atreca, based in Redwood City, California, is a privately held biotechnology company developing therapeutics drawn from human immune responses, including anti-cancer immune responses.
The funding round was … Continue Reading
On November 2, President Obama signed into the law the Bipartisan Budget Act of 2015 (the “Act”), which contains language that will significantly change how hospital-based outpatient care is reimbursed.
Currently, off-campus hospital outpatient departments (“HOPDs”) that comply with Medicare’s … Continue Reading
Pamplona Capital Management has announced it will acquire MedAssets for $2.7 billion.
Pamplona, based in London and New York, is a PE firm established in 2005. Pamplona manages over $10 billion in assets across a number of funds for … Continue Reading
Quad-C Management has announced it has closed an investment in VMG Health.
Quad-C, headquartered in Charlottesville, Va., is a middle market PE firm focused on investing in business services, consumer, general industrial, healthcare, specialty distribution and transportation/logistics companies. It … Continue Reading