KKR has announced its portfolio company, Internet Brands, will acquire WebMD Health Corp. The transaction is valued at approximately $2.8 billion.
Focus Healthcare Partners has announced the closing of its first discretionary private equity fund with $312 million.
Focus Senior Housing Fund I LP will target senior housing properties across the continental United States. It expects to invest approximately $900 million … Continue Reading
Pamlico Capital has announced it has invested in Becker’s Healthcare.
Becker’s Healthcare, based in Chicago, is an information and media platform targeting specific healthcare verticals: hospitals, ambulatory surgery centers, spine and orthopedics, and infection control and clinical quality. It … Continue Reading
Intelligent Retinal Imaging Systems (IRIS) has announced it has successfully closed a round of Series B financing.
IRIS, based in Pensacola, Fla., is a developer of early detection systems for diabetic eye disease.
The financing round was led by … Continue Reading
Baird Capital has announced it has closed its first global fund with a total of approximately $310 million.
The fund invests in lower middle-market companies in healthcare and other sectors in the United States, United Kingdom and Asia.
GTCR has announced it will acquire GreatCall.
Cressey & Co. has acquired a majority ownership position in StatLab Medical Products from Prairie Capital, according to a news release.
Outcome Health has announced it has completed its first round of funding, raising $5 billion in financing.
Shore Capital Partners has announced the completed recapitalization of Behavioral Innovations and formation of SCP Behavioral Innovations HoldCo.
Mediware Information Systems has announced it will acquire Kinnser Software from Insight Venture Partners.
The transaction is backed by TPG Capital.
Harvest Partners has announced it has acquired the majority ownership interest in EyeCare Services Partners Holdings from Varsity Healthcare Partners.
Optima Healthcare Solutions has announced it has acquired Hospicesoft.
Optima, a portfolio company of Alpine Investors, is a provider of cloud-based software for post-acute care providers based in Palm City, Fla.
Highland Capital Management has announced that its affiliate, Highland Capital Management Korea Ltd., has closed a healthcare-focused PE fund, with approximately $147 million of total capital commitments.
The fund will primarily invest in middle-market healthcare companies in North America and … Continue Reading
Surgery Partners has announced it will acquire National Surgical Healthcare (NSH) from Irving Place Capital for approximately $760 million.
In 2016 alone, the total U.S. clinical and diagnostic laboratory market generated approximately $80 billion in revenue, according to industry U.S. Securities and Exchange Commission filings. Just six years earlier in 2010, that market generated $55 billion in revenues. In … Continue Reading
TPG has announced the acquisition of Medical Solutions by TPG’s middle market and growth equity platform TPG Growth.
Medical Solutions, based in Omaha, Neb., is a national provider of healthcare staffing solutions for hospitals.
TPG Growth is acquiring a … Continue Reading
Accolade Partners has announced it has raised $235 million for its sixth fund, Accolade VI.
Accolade Partners, headquartered in Washington, D.C., and founded in 2000, is a venture capital and growth equity investment firm focused on healthcare and technology.
Investors … Continue Reading
Warburg Pincus has announced it will acquire CityMD.
CityMD, founded in 2010, is an urgent care provider with more than 68 locations in the greater New York metropolitan area and Seattle.
Angelica Corp. has announced it has entered into an asset purchase agreement with an affiliate of PE firm KKR.
KKR will acquire Angelica’s assets for approximately $125 million plus certain assumed liabilities. Angelica indicated it expects to continue operating as … Continue Reading
Shore Capital Partners has announced it has closed it second PE fund (Shore Capital Partners Fund II) at the hard cap of $190 million.
With the closing, the firm indicated it now has approximately $350 million in total capital under … Continue Reading
DW Healthcare Partners has announced it has closed its fourth PE fund (Fund IV) totaling $295 million.
With the closing, the firm indicated it now has $800 million in total capital under management.
Webster Capital announced it has completed the sale of Epic Health Services to Bain Capital.
Plans for the acquisition were announced late last year. Financial terms were not disclosed.
Alignment Healthcare has announced it has received a $115 million investment.
Alignment Healthcare, based in Orange, Calif., is a developer of population health management technology.
In January, UnitedHealth Group’s health services arm Optum announced it would acquire Surgical Care Affiliates (SCA), one of the nation’s largest and most well-respected ambulatory surgery center (ASC) and surgical hospital companies, for $2.3 billion.
With the combination, SCA will … Continue Reading