Clearview Capital has announced the recapitalization of Advantage Behavioral Health.
Advantage, founded in 2017 and based in Laurel Springs, New Jersey, is mental health treatment provider operating in nine states. The company is focused on outpatient programs across various levels of care, delivering both in-person and telehealth services.
Clearview, founded in 1999 and…
New Mountain Capital has completed a growth investment in Office Ally, according to a news release.
Office Ally, founded in 2000 and based in Vancouver, Washington, is a healthcare technology company that offers cloud-based solutions for healthcare providers, partners and payers.
New Mountain, based in New York, is a growth-oriented investment firm.…
A first appellate circuit judge has questioned the False Claim Act’s constitutionality. In the Fifth Circuit’s decision last month in United States ex rel Montcrief v. Peripheral Vascular Assocs., P.A., No. 24-50176, — F. 4th –, 2025 WL 939890 (5th Cir. Mar. 28, 2025), Judge Stuart Kyle Duncan separately wrote a concurring opinion to express skepticism regarding the constitutionality of the qui tam provision of the False Claims Act. Adding to a decision issued by a Florida federal district court last fall, Judge Duncan said that the qui tam provision of the False Claims Act violates the Appointments Clause of the Constitution because it allows private citizens to exercise the power of the executive branch despite not being appointed or confirmed as an officer of the United States.
Linden Capital Partners has announced the close of a new fund.
The fund — Linden Structured Capital Fund II — closed with $400 million of commitments. It is focused on investing in middle market healthcare companies via securities with debt- and equity-like features.
Linden, based in Chicago, is a private equity firm focused exclusively on…
McGuireWoods partner and host Geoff Cockrell, invites Matt Stekier, a principal at Plante Moran’s management consulting group, to discuss challenges in the medical devices and product sector.
Matt covers supply chain vulnerabilities, inventory management issues and post-acquisition integration. He explains how Plante Moran helps clients identify and mitigate these challenges, including through…
Wellspring Capital Management has acquired Summit Spine & Joint Centers, according to a news release.
Summit, founded in 2014 and based in Lawrenceville, Georgia, is a provider of minimally invasive spine services in the southeastern United States. Summit manages and operates 17 ambulatory surgery centers and 44 clinics across Georgia, North Carolina, South Carolina and Tennessee.
In the last few weeks, the Financial Crimes Enforcement Network (FinCEN) has circulated several instructions focusing on money services businesses operating in the southwest United States, answering the current Administration’s call for increased security measures in that area.
On March 11, FinCEN issued a Geographic Targeting Order (GTO) adding more requirements to certain money services businesses (MSBs) operating along the southwest United States border in Texas and California. Federal law permits the Secretary of the Treasury to issue a GTO if he finds that additional measures are needed to properly comply with the Bank Secrecy Act. A GTO lasts 180 days, unless extended.
An affiliate of SK Capital Partners has invested in Spectrum Vascular, according to a news release.
Spectrum, founded in 2023 and based in White Plains, New York, is a medical device company focused on vascular access and medication management.
SK Capital, founded in 2007 and based in New York, is a private…
The optometry market suffers from a staffing shortage but benefits from an aging population — a balance of headwinds and tailwinds that Dr. Ben Chudner discusses with McGuireWoods partner and host Geoff Cockrell.
The chief medical officer at AEG Vision, a private equity consolidator of optometric practices, Ben explains that while the number…
Insight Partners has sold CentralReach to Roper Technologies for around $1.65 billion, according to a news release.
CentralReach, founded in 2012 and based in Fort Lauderdale, Florida, is a provider of software to support the workflow and administration of applied behavior analysis therapy.
Insight Partners, founded in 1995 and based in New…
