BPOC has announced a strategic investment in Praxis Packaging Solutions.

Praxis, founded in 1989 and based in Grand Rapids, Mich., is a provider of primary and secondary contract packaging services for over-the-counter and prescription pharmaceutical, medical device, animal health and health and beauty industries.

BPOC, based in Chicago, seeks control and minority equity investments in middle market companies exclusively within the healthcare industry. Founded in 1996, the firm pursues companies generating at least $10 million in revenue through a wide range of investments. Within healthcare, the firm targets companies in the provider services, life sciences/pharmaceutical and non-reimbursement industries.

Terms of the investment were not disclosed.

Huizenga Group, which acquired Praxis in 2008, retains a minority ownership interest in the company.

Bow River Capital Partners has announced it has closed its third private equity fund at $590 million.

The fund was oversubscribed, exceeding its target of $500 million.

The new fund will continue the firm’s strategy of investing in middle market companies located throughout the United States in healthcare services and a few other sectors. Bow River primarily focuses on companies in the Rocky Mountain West and Southwest

The private equity division of Bow River, which is based in Denver and was founded in 2003, targets control investments in companies with $25 million to $200 million in revenue and EBITDA of $5 million to $20 million in several industries.

Carlyle has acquired Abingworth, according to a news release.

Abingworth, with U.S. offices in Boston and Menlo Park, Calif., is a transatlantic life sciences investment firm. Founded in 1973, the firm reports approximately $2 billion in assets under management. To date, Abingworth has invested in 179 life science companies, with its investments falling into seed and early-stage, development stage and clinical co-development.

Carlyle, with its U.S. headquarters in Washington, D.C., is a global investment firm that deploys private capital across three business segments: global private equity, global credit and investment solutions. Founded in 1987, the firm targets companies in healthcare and many other industries.

Terms of the acquisition were not disclosed.

Performant Capital has announced the acquisitions of DavLong Business Solutions and its affiliate Administrative Advantage (collectively DBS) and On Demand Solutions (ODS).

DBS, headquartered in Savannah, Ga., provides IT solutions for physician practices. Founded in 1983, the company also provides revenue cycle management services.

ODS, headquartered in Boise, Idaho, provides business solutions for independent medical practices. Founded in 2007, the company provides practice management software, revenue cycle management, staffing support and business advisory services.

Performant, based in Chicago, is a lower middle market private equity firm focused on investments in technology-driven companies. The firm is combining DBS and ODS under a single platform named Provider Technology. The businesses will continue to operate independently under their respective brands.

Terms of the acquisitions were not disclosed.

WindRose Health Investors has announced it has completed a strategic investment in BPD (Brown Parker & DeMarinis).

BPD, founded in 2002 and based in Boca Raton, Fla., is a marketing services agency representing hospitals and health systems across the United States.

WindRose, based in New York, pursues control equity investments in healthcare companies. Founded in 2000, the firm invests in a broad range of industry segments, including outsourced services to payors and health systems, technology-enabled services, healthcare providers and value-added distribution.

Terms of the investment were not disclosed.

Linden Capital Partners has completed its acquisition of Aspirion from Aquiline Capital Partners, according to a news release.

Aspirion, based in Columbus, Ga., is a full-service revenue cycle management company. Founded in 2006, the company specializes in motor vehicle accident, third-party liability, workers’ compensation, Veterans Administration, out-of-state Medicaid, and Medicaid eligibility and enrollment claims.

Linden, based in Chicago, is a private equity firm focused exclusively on the healthcare industry. Founded in 2004, the firm pursues acquisition opportunities across the healthcare industry, including services, products and distribution companies, and prefers to make more substantial investments from a dollars perspective.

Aquiline is a is a private investment firm with its U.S. operations based out of New York. Its private equity team targets investments in several industries. Investments typically falling in the range of $20 million to $200 million, either funded all at once or over time.

Terms of the acquisition were not disclosed.

Varsity Healthcare Partners (VHP) has joined the Aspirion ownership group as a minority shareholder. VHP, with offices in Los Angeles and Stamford, Conn., is a lower middle market private equity firm focused on healthcare services. Founded in 2014, VHP aims to commit equity investments ranging from $20 million to $60 million.

The Riverside Company has announced it has acquired Rockpointe.

Rockpointe, based in Columbia, Md., is a healthcare education company. Founded in 1995, the company provides accredited continuing education activities and related training for healthcare professionals.

Riverside Co., co-headquartered in Cleveland and New York, focuses on acquiring and investing in growing businesses valued at up to $400 million. Founded in 1988, the firm seeks control, non-control and growth equity investments across several industries, including healthcare. Riverside pursues companies across multiple segments of healthcare, including services, information technology, products and distribution.

Terms of the acquisition were not disclosed.

The acquisition is an add-on to Riverside Co.’s portfolio company, Clinical Education Alliance.

Great Point Partners (GPP) has announced a growth investment in Ephicacy Consulting Group.

Ephicacy, based in Iselin, N.J., is a biometrics contract research organization. Founded in 2005, the company provides outsourced statistical programming, data management and “real-world” evidence analytics services to pharmaceutical and biotechnology companies.

GPP, based in Greenwich, Conn., is a private investment firm focused on the healthcare industry. Founded in 2003, the firm targets investments in biopharmaceutical supply chain services and products; healthcare services; healthcare information technology-enabled services; and medical devices and diagnostics in businesses operating in the United States, Canada and Western Europe. GPP pursues companies generating between $10 million and $100 million of revenue and $2 million to $12 million of EBITDA, with equity investments ranging from $7 million to $50 million.

Terms of the investment were not disclosed.

Amulet Capital Partners has sold OPEN Health to Astorg, according to a news release.

OPEN Health, established in 2011 and with several U.S. offices, is a global provider of scientific communications and market access services to the pharmaceutical industry.

Amulet, based in Greenwich, Conn., is a middle market private equity investment firm focused exclusively on the healthcare sector. Founded in 2012, the firm typically invests between $25 million and $150 million in healthcare companies within segments that include life sciences outsourcing, payors and payor services, and providers and outsourced services.

Astorg is a European private equity firm with a U.S. office in New York.

Terms of the transaction were not disclosed.

WindRose Health Investors has acquired Ganse Apothecary, according to a news release.

Ganse, based in Lancaster, Pa., is a closed-door, long-term care and specialty pharmacy. Founded in 1971, the pharmacy supports patients suffering from severe and persistent mental illness and intellectual and developmental disabilities.

WindRose, based in New York, pursues control equity investments in healthcare companies. Founded in 2000, the firm invests in a broad range of industry segments, including outsourced services to payors and health systems, technology-enabled services, healthcare providers and value-added distribution.

Terms of the transaction were not disclosed.

WindRose is merging Ganse with Terrapin Pharmacy, an existing portfolio company. Based in Annapolis, Md., Terrapin is a specialized pharmacy primarily serving individuals diagnosed with severe and persistent mental illnesses in the Mid-Atlantic region.