“Our big mantra is: ‘Medicine is local,'” says Kevin Baker, who partners with emergency medicine groups across the United States in his role as director of development at Emergency Care Partners.

In this conversation with McGuireWoods partner and host Geoff Cockrell, Kevin lays out the landscape of the U.S. emergency department sector, where about a third of hospitals now in-source their physicians. He unpacks the major headwinds facing emergency department operators: patient boarding, NSA fallout, declining reimbursement and EMTALA’s built-in bad debt burden.

Tune in to hear what he describes as the biggest competition Emergency Care Partners faced — it may surprise you.

BPOC has announced the sale of Midwest Products & Engineering (MPE) to Graham Partners.

MPE, founded in 1978 and based in Milwaukee, Wisconsin, is a contract designer, developer and manufacturer of electromechanical and robotic-assisted surgical systems for the medical device market.

BPOC, founded in 1996 and based in Chicago, seeks control and minority equity investments in middle market companies exclusively within the healthcare industry. The firm pursues companies generating at least $3 million in EBITDA through a wide range of investments. Within healthcare, the firm targets companies in the provider services, life sciences/pharmaceutical and non-reimbursement industries.

Graham Partners, founded in 1998 and based in Newtown Square, Pennsylvania, is a private investment firm focused on industrial technology and advanced manufacturing businesses. 

Terms of the transaction were not disclosed.

In this episode of the Becker Private Equity & Business Podcast, McGuireWoods Partner Amber Walsh draws on Bruce Lee’s philosophy of taking what is useful, discarding what is not, and forging a personalized path forward, exploring how those principles apply to leadership, mentorship, and continuous growth in business and life.

Listen to the full episode here.

Holly Buckley, Chair of Health Care at McGuireWoods, joined the Healthcare Success Podcast to share her outlook on the healthcare private equity market in 2026 ahead of the McGuireWoods annual Healthcare Private Equity and Finance Conference in Chicago (April 29-30).

On the program, she discusses why deal discipline has replaced the rapid roll-up strategies of prior years, which sectors are drawing the most investor interest, and how growing regulatory complexity at both the state and federal levels is affecting transaction timelines and costs. She also touches on what separates high-value platforms from the rest, and what AI developments are worth taking seriously versus those that aren’t yet ready for PE investment.

Watch the full episode below.

LongueVue Capital (LVC) has announced a strategic investment in Apex Dental Laboratory Group in partnership with Swaney Group Capital (SGC).

Apex, founded in 2015 and headquartered in Waco, Texas, operates a network of 16 dental laboratories across 12 states.

LVC, founded in 2001 and based in New Orleans, is a middle market private equity firm. The firm pursues a wide range of investments in healthcare and several other sectors, targeting U.S. companies with sales of $15 million or more and EBITDA of at least $3 million.

SGC, founded in 2022 and based in Tampa, Florida, is a private equity firm focused on investing in U.S.-based manufacturing and industrial businesses, with an emphasis on healthcare manufacturing.

Terms of the investment were not disclosed.

Blackstone has announced the closing of its newest life sciences private fund.

The fund — Blackstone Life Sciences VI — was oversubscribed and closed at its hard cap of $6.3 billion in commitments.

Blackstone (NYSE: BX), founded in 1985 and based in New York, is one of the largest global alternative asset managers. Blackstone Life Sciences (BXLS) is a private investment platform with capabilities to invest across the life cycle of companies and products within life science sectors. 

One of the most misunderstood provisions in the entire tax code, the Qualified Small Business Stock (QSBS) has been around for more than 30 years. Yet it remained largely dormant — until now.

The QSBS is “unlike anything in the code,” says Shahrooz Shahnavaz, a tax partner at McGuireWoods.

In this conversation with colleague and host Geoff Cockrell, Shahrooz reviews the history of this unique benefit and puts it into context for today’s M&A deal-makers. Tune in for his insights on the potential 100% exclusion of gain, the structural limits that bar some professions — including healthcare — from qualifying, and the One Big Beautiful Bill Act’s “generous” $15 million per-shareholder, per-company cap.

Kain Capital has announced its acquisition of White Wilson Medical Center.

White Wilson, founded in 1946 and based in Fort Walton Beach, Florida, is an independent multi-specialty physician group which services Florida’s Emerald Coast. The practice operates nine clinic locations with more than 70 providers.

Kain, founded in 2014 and based in New York, is a private equity firm focused on investments in healthcare services and healthcare technology.

Terms of the acquisition were not disclosed.

Palladium Equity Partners has announced it will acquire a majority equity interest in DME Express from WayPoint Capital Partners.

DME Express, founded in 2006 and based in The Woodlands, Texas, is a provider of durable medical equipment (DME) serving hospice providers across the United States.

Palladium, founded in 1997 and based in New York, is a middle market private equity firm focused on companies in the U.S. Hispanic market, founder- and family-owned businesses, and companies with accretive M&A opportunities. The firm typically invests $50 million to $150 million of equity capital in companies with EBITDA between $10 million and $75 million, primarily in healthcare and select other sectors.

WayPoint, founded in 2004 and based in Stamford, Connecticut, is a private equity firm focused on lower middle market investments in healthcare services and industrials. The firm pursues control buyout of founder- and family-owned businesses with $5 million to $25 million in EBITDA. WayPoint will maintain a minority equity interest in DME Express following the transaction.

Terms of the transaction were not disclosed.

In this episode of the Becker Private Equity & Business Podcast, Holly Buckley, chair of the McGuireWoods’ healthcare department, discusses how the healthcare private equity landscape is evolving, with a sharper focus on discipline, shifting sector dynamics, and the key forces driving deal activity today. She also shares a preview of the firm’s Healthcare Private Equity Conference, taking place in Chicago on April 29–30, 2026.