L Catterton has acquired Thorne HealthTech, according to a news release.

Thorne, founded in 1984 and based in New York, is a provider of at-home health tests and nutritional supplements.

L Catterton is paying $10.20 per share to acquire all outstanding shares of Thorne common stock in a transaction valued at approximately $680 million. Upon completion of the transaction, Thorne will become a privately held company.

L Catterton, founded in 1989 and based in Greenwich, Conn., is a private equity investment firm focusing on middle market companies. The firm manages approximately $33 billion of equity capital.

TPG has announced it will acquire a majority stake in Crowe Healthcare Consulting from Crowe LLP.

Crowe LLP, with its corporate headquarters in Chicago, is a global public accounting, consulting and technology firm. 

Following completion of the transaction, Crowe Healthcare Consulting will be rebranded as Kodiak Solutions. Crowe LLP will retain a minority ownership stake in the business.

TPG, founded in 1992 in San Francisco, targets investments in middle market companies. The firm invests in healthcare and a number of other industries.

Terms of the acquisition were not disclosed.

Jessica Thurmond and Monica Schmiede, co-CEOs and co-founders of Athelo Health — the first biometric-anchored virtual coach for women with breast and gynecologic cancers — join McGuireWoods partner Kristen McDermott Woodrum on this episode of Health+Tech. They discuss Athelo Health’s mission, how Athelo Health uses biometric data to support patients, and the role of digital health tools in educating patients, improving access to care and building supportive communities for patients.

McGuireWoods is hosting three upcoming healthcare and life sciences events you will want to know about and attend. Click on the event title to learn more and register.

Women’s Health: Regulatory Updates and Key TopicsThis complimentary webinar, scheduled for Wednesday, August 30, will be presented by Kayla McCann Marty and Sydney Menack. They will be discussing key regulatory issues in the women’s healthcare sector from 12-1 p.m. ET

16th Annual Healthcare Finance and Growth Conference 
Join fellow healthcare leaders at The Ritz-Carlton in Charlotte, N.C., for a full-day program. The event kicks off Wednesday, September 27, with a networking reception. The program, which includes lunch, takes place Thursday, September 28.

Save the Date: 20th Annual Healthcare Private Equity and Finance Conference
Plan to attend the premier, two-day healthcare investment-focused conference scheduled for May 8-9, 2024, at The Ritz-Carlton in Chicago.

BV Investment Partners (BV) has announced it has invested in Hardenbergh Group.

Hardenbergh, founded in 1991 and based in Livonia, Mich., is a provider of non-clinical professional staffing, consulting, physician peer review and outsourced solutions to healthcare organizations.

BV, based in Boston, is a middle market private equity firm focused on the tech-enabled business services, software and IT services sectors. The firm invests a minimum of $40 million for majority or minority positions in companies with average EBITDA between $5 million and $20 million.

Terms of the investment were not disclosed.

Cressey & Company has announced it has acquired HealthDrive from Bain Capital Double Impact.

HealthDrive, based in Framingham, Mass., is a multi-specialty clinical services organization to patients residing in long-term care facilities. Founded in 1989, the company states it employs more than 500 clinicians in more than 3,800 facilities,

Cressey, with offices in Chicago and Nashville, seeks control and minority equity investments exclusively in healthcare. Established in 2008, the firm considers a wide range of investments in middle market companies.

Bain Capital Double Impact, based in Boston, makes control and minority equity investments in middle market companies within healthcare and a few other industries. Founded in 1984, the firm prefers to make more substantial investments from a dollars perspective. Within healthcare, Bain Capital Double Impact targets the provider services, hospital/major facilities, and non-reimbursement industries.

Terms of the acquisition were not disclosed.

InTandem Capital Partners has announced it has completed an investment in OrthoNebraska. 

OrthoNebraska, based in Omaha, Neb., is a regional provider of orthopedic and musculoskeletal care. Founded in 2004, the organization has locations in Nebraska, Iowa and Missouri that provide surgical and non-surgical intervention, supported by a range of sub-specialized providers.

InTandem, based in New York, focuses on acquiring middle market healthcare and insurance companies. Founded in 2011, the firm prefers to make more substantial investments from a dollars perspective in the provider services and non-reimbursement industries.

Terms of the investment were not disclosed.

Coalesce Capital has announced it has participated in a recapitalization of Examinetics.

Examinetics, founded in 2004 and based in Overland Park, Kan., is a provider of mobile occupational health screening services, tests and data management.

Coalesce, based in New York, is a middle market private equity firm focused on investing in human capital and technology-enabled business services companies. The firm primarily makes control investments in companies with at least $5 million of EBITDA and $25 million of revenue.

Coalesce partnered with Freedom 3 Capital, an existing Examinetics shareholder, and management for the recapitalization.

Terms of the investment were not disclosed.