Health Care

HealthEdge Investment Partners has announced it has sold The Columbus Organization to CareSource.

The Columbus Organization, based in Blue Bell, Pa., provides care/support coordination, professional clinical staffing and quality improvement services for the intellectual/developmental disability (I/DD) or behavioral needs community. The company serves more than 100,000 individuals across 13 states.

HealthEdge Investment Partners,

Bain Capital Private Equity has announced it will acquire a majority stake in InnovaCare Health.

InnovaCare, based in White Plains, N.Y., is a provider of integrated and value-based healthcare services. InnovaCare states that its integrated primary care provider network treats more than 250,000 patients annually, and the company also supports physicians who collectively serve

Athenahealth has entered into a definitive agreement to be jointly acquired by affiliates of Bain Capital and Hellman & Friedman for $17 billion, according to a news release.

Athenahealth, based in Watertown, Mass., is a provider of cloud-based enterprise software solutions for medical groups and health systems.

Bain Capital Private Equity, based

Cressey & Co. has completed a growth investment in Trella Health, according to a news release.

Trella Health, based in Atlanta, provides market intelligence to direct contracting entities, accountable care organizations, healthcare networks and post-acute care providers.

Cressey, with offices in Chicago and Nashville, seeks control and minority equity investments exclusively in

Welsh, Carson, Anderson & Stowe (WCAS) has announced it has acquired a majority ownership stake in Leiters.

Leiters, based in Englewood, Colo., and founded in 1926, is a 503B outsourcing provider of hospital and ophthalmology compounded sterile preparations.

WCAS, based in New York, is a private equity firm focused exclusively on the healthcare and

HGGC and Snapdragon Capital Partners will make a $240 million strategic growth investment in Fullscript, according to a news release.

Fullscript, based in Ottawa, Ontario, describes itself as a supplement dispensing platform and patient adherence tool. Founded in 2011, the company states it generates $300 million in annual revenue.

HGGC, based in Palo

GI Partners and TA Associates have recapitalized Rectangle Health, according to a news release.

Rectangle Health, based in Valhalla, N.Y., is a provider of healthcare financial technology and patient engagement solutions. Founded in 1993, the company provides solutions to hospitals, physician practices, insurance groups and billing services.

GI Partners, based in San