Health Care

Surge Private Equity has announced it has invested in Elite Clinical Network (ECN) in a transaction valued at around $200 million.

ECN, founded in 2003 and based in Las Vegas, is a network of pharmaceutical research sites throughout California, Arizona and Nevada.

Surge, based in Dallas, is lower middle market equity firm pursuing investments

In the past three to four years, health system transaction activity has significantly slowed, due, in large part, to the unavoidable COVID-19 response efforts hospitals faced. Now, in this post-pandemic era, hospitals are reemerging and reengaging as active players in the transaction sphere — particularly when it comes to joint ventures, as McGuireWoods discussed during

Grant Avenue Capital has announced it has participated in a recapitalization of CREO with founding partners of the company.

CREO, founded in 2015 and based in Durham, N.C., is a provider of strategy, merger and acquisition, digital transformation, cybersecurity, information technology quality and regulatory compliance consulting services to life sciences and healthcare organizations/


FFL Partners has announced it has completed a growth investment in Johnson County Clin-Trials (JCCT).

JCCT, based in Lenexa, Kan., is a clinical research site platform serving pharmaceutical and biotechnology companies and contract research organizations. Founded in 2005, JCCT specializes in phase I–IV outpatient and inpatient clinical trials.

FFL, based in San Francisco,

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

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

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