Health Care

Ampersand Capital Partners and GHO Capital Partners will acquire Avid Bioservices for approximately $1.1 billion, according to a news release.

Avid (NASDAQ: CDMO), formed in 2002 and based in Orange County, California, is a biologics contract development and manufacturing organization (CDMO) that provides services to biotechnology and pharmaceutical companies.

Ampersand, based in Wellesley,

Vance Street Capital has announced an investment in Prince Sterilization Services. 

Prince, based in Fairfield Township, New Jersey, is a sterilization services provider primarily focused on the pharmaceutical, biotechnology, compounding pharmacy and medical device sectors.

Vance Street, based in Los Angeles, is a middle market private equity firm that invests in several sectors,

Francisco Partners (FP) has announced it will AdvancedMD from Global Payments.

AdvancedMD, founded in 1999 and based in South Jordan, Utah, is a cloud-based provider of medical office software.

FP, founded in 1999 and based in San Francisco, is a private equity firm that specializes in investments in technology and technology-enabled businesses.

Global

Resurgens Technology Partners has invested in Movemedical, according to a news release.

Movemedical, founded in 2019 and is based in San Diego, is an enterprise software platform for medical device inventory management.

Resurgens, based in Atlanta, is private equity firm focused on investing in North American and select European lower middle market businesses with a

The U.S. Department of Justice has annunciated several enforcement priorities relevant to the healthcare sector: senior care, opioids, cybersecurity and privacy, and – of particular interest to listeners of “The Corner Series” – private equity investors in the healthcare space.

Michael Podberesky, a former DOJ prosecutor who is now co-chair of McGuireWoods’ False