Health Care

Beecken Petty O’Keefe & Company (BPOC) has announced it has completed the sale of Cranial Technologies.

Cranial Technologies, based in Tempe, Ariz., is a developer, manufacturer and provider of custom cranial orthotics for treating infants with plagiocephaly. Founded in 1986, the company manufactures the DOC Band, a custom cranial orthotic.

BPOC, based in

Argosy Healthcare Partners (AHP) has announced it has completed a recapitalization of Specialty Care Management (SCM).

SCM, based in Bucks County, Pa., is a payor services company focused on healthcare cost containment and claims management services for the self-insured market. Founded in 2002, the company specializes in program design for catastrophic claims.

AHP,

Varsity Healthcare Partners has announced the close of its sale of Probo Medical to Avista Capital Partners.

Probo, based in Fishers, Ind., is a supplier of refurbished diagnostic imaging equipment. Founded in 2014, the company’s set of services include equipment sales, part sales, equipment rentals, depot repair service, equipment installation and de-installation, and field-based

Infinedi Partners has announced it has invested in LaSalle Network.

LaSalle, based in Chicago, is a national staffing and recruiting firm providing services in many sectors, including healthcare revenue cycle, technology, cybersecurity, accounting and finance, and human resources. Founded in 1998, the firm states it operates in more than 20 states and has more

GTCR has announced it has acquired a majority equity stake in Experity.

Experity, based in Machesney Park, Ill., is a provider of SaaS software solutions and technology-enabled services for the urgent care industry. Founded in 2019, the company states it provides electronic medical record, practice management and patient engagement software, revenue cycle management solutions and

Sheridan Capital Partners and Morgan Stanley Capital Partners (MSCP) have completed a recapitalization of SpendMend, according to a news release.

SpendMend, based in Grand Rapids, Mich., provides tech-enabled solutions intended to optimize the cost cycle. Founded in 1993, the company serves healthcare organizations including hospitals, pharmacies and suppliers.

Through the recapitalization, Morgan Stanley

Caduceus Capital Partners has announced it has completed an investment in ScriptDrop.

ScriptDrop, based in Columbus, Ohio, is a developer of a prescription delivery platform. The technology allows pharmacies to electronically request delivery on behalf of patients, with the company using a courier network to take prescriptions from the pharmacy to patients.

Caduceus, based in Brentwood,

424 Capital has announced it has closed a majority investment with MedHQ.

MedHQ, based in Westchester, Ill., is a national provider of human resources and financial management services to healthcare providers. Founded in 2003, the company mainly supports ambulatory surgery centers and physician practices with payroll, tax, benefits, insurance, credentialing and consulting services.

424 Capital