Audax Private Equity has announced it will acquire the clinical services business of Avantor (NYSE: AVTR).
Avantor, founded in 1904 and based in Radnor, Pennsylvania, is a life science tools company. Its clinical services division provides clinical trial and laboratory supply chain services to pharmaceutical and biotechnology companies, contract research organizations (CROs) and diagnostic…
M&A activity in the healthcare space has slowed since 2022, but with stable interest rates and creative deal structuring, activity should increase going forward.
Host Geoff Cockrell is joined by Jamie Heidbreder, managing director in Fifth Third’s Healthcare Investment Banking group, to discuss challenges in healthcare M&A since 2022, the factors leading to…
Blackstone will acquire Chartis from Audax Private Equity, according to a news release. Audax will remain invested in the company.
Chartis, founded in 2001 and based in Chicago, is a healthcare advisory firm with brands including Chartis, Jarrard, Greeley and HealthScape Advisors.
Blackstone (NYSE: BX), founded in 1985 and based in New York,…
Fort Point Capital has announced its acquisition of NewBold Corp.
NewBold, founded in 1994 and based in Greenville, South Carolina, is a provider of managed technology services to healthcare and other industries.
Fort Point, founded in 2011 and based in Boston, is a lower middle market private equity firm. It specializes in buyouts of healthcare…
Lightview Capital has announced it has sold Array to WCG.
Array, founded in 2003 and based in Greenwood Village, Colorado, is a provider of content engagement services for life sciences events.
Lightview, founded in 2012 and based in West Palm Beach, Florida, is a private equity firm focused on investing in founder-owned companies…
Water Street Healthcare Partners has announced it has invested in MedSpeed.
MedSpeed, founded in 2000 and based in Elmhurst, Illinois, is a provider of same-day logistics services to the healthcare industry, transporting specimens, pharmaceuticals, supplies and more. The company reports operating hubs across more than 30 states.
Water Street, founded in 2005 and…
Michael Pennington used his background in middle-market investment banking to establish Platinum Dermatology Partners eight years ago. Now with 400 providers across five states, the physician-owned practice is thriving in a marketplace beset by challenges such as wage inflation and declining reimbursement models.
In this episode of The Corner Series, Michael describes the…
Consello Capital has announced its acquisition of EHE Health.
EHE, founded in 1913 and based in New York, is a national network provider of preventive healthcare to employers.
Consello Capital is the private equity arm of Consello, which was founded in 2022 and is based in New York. Consello Capital largely pursues investments in…
Avista Healthcare Partners has announced the acquisition of Trillium Health Care Products from New Water Capital.
Trillium, based in Brockville, Ontario, Canada, is a manufacturer of prescription and over-the‐counter life science-based products for the North American market.
Avista, based in New York, makes control buyout investments in middle market healthcare companies. Founded in…
R1 RCM (NASDAQ: RCM) has agreed to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R), according to a news release.
The all-cash transaction has an enterprise value of approximately $8.9 billion.
R1, founded in 2003 and based in Murray, Utah, is a revenue cycle management…
