In this episode of the Becker Private Equity & Business Podcast, Amber Walsh, Partner at McGuireWoods LLP, explores why infusion services have become a magnet for private equity investment, using the SinglePoint acquisition of Helix Infusion Services to illustrate the broader trends shaping the space.

Arlington Capital Partners has announced it has agreed to sell Riverpoint Medical to Novanta.

Riverpoint, founded in 2008 and based in Portland, Oregon, designs, develops and markets medical devices for the healthcare and veterinary markets. The company specializes in the production of surgical solutions — including fiber-based, polymer and bioabsorbable devices and structures — critical to life-saving medical procedures.

Arlington, founded in 1999 and based in Washington, D.C., is a private equity firm specializing in government-regulated industries, including healthcare.

Novanta (NASDAQ: NOVT), founded in 1968 and based in Bedford, Massachusetts, designs and manufactures components and subsystems for medical, life science and industrial applications, with a strong focus on photonics, vision systems and precision motion technologies. 

Arlington is selling Riverpoint to Novanta for a total enterprise value of $1.45 billion, comprised of upfront cash consideration of $1.2 billion and a milestone payment of $250 million in the first quarter of 2027.

In this episode of the Becker Private Equity & Business Podcast, Amber Walsh, Partner at McGuireWoods LLP, traces the momentum behind healthcare private equity — the physician specialties drawing the most capital, the staying power of ambulatory surgery center (ASC) strategies, and the market dynamics investors can’t ignore.

In this episode of the Becker Private Equity & Business Podcast, Holly Buckley, chair of the McGuireWoods’ healthcare department, explores what’s driving private equity interest in physician practice management, which specialties are attracting the most capital, and the operational factors shaping today’s deals.

LLR Partners has completed a strategic investment in AxisCare, according to a news release.

AxisCare, founded in 2013 and based in Waco, Texas, is a provider of home care management software.

LLR Partners, founded in 1999 and based in Philadelphia, is a middle market private equity firm that invests in several industries, including healthcare. The firm’s investment criteria includes minimum revenue of $5 million and a transaction requiring equity capital of $10 million to $200 million.

Terms of the investment were not disclosed.

Ian Gardner and his wife struggled to assemble a holistic care team during her pregnancy. At the end of their journey, they had a son — and a solution they called MilkWise, a one-stop portal where mothers can access experts and specialists so they can focus on their infants, not on searching through their various healthcare packages.

“We saw platforms and companies that provided specific components, say, for postpartum depression, pelvic floor rehab or lactation, but no single destination where a mom could go,” Ian explains to McGuireWoods partner and host Geoff Cockrell.

Tune in as Ian describes how MilkWise uses lactation consulting as its market wedge, why payers — not providers — are the biggest operational challenge, and the three pillars MikeWise is built on: products, providers and payers.

Ampersand Capital Partners has announced the closing of a new fund.

The fund, Ampersand 2026 Limited Partnership, is Ampersand’s twelfth primary fund since 1992. It closed with $1.5 billion in limited partner commitments and was oversubscribed.

Ampersand, founded in 1988 and based in Wellesley, Massachusetts, is a middle market private equity firm with a focus on growth equity investments in the healthcare sector within North America, Europe and the Asia–Pacific region. The firm typically pursues majority or minority positions in companies generating between $10 million and $200 million in revenue and positive EBITDA.