Renovus Capital Partners has announced the acquisition of Superior Health Holdings.
Superior, formed in 2021 and based in Baton Rouge, Louisiana, is a provider of home health and hospice services throughout Louisiana.
Renovus, based in Philadelphia, is a lower middle market private equity firm that invests in a few sectors, including healthcare services.…
In March last year, New York’s Appellate Division – First Department issued Xerox an important pro-policyholder decision in its D&O insurance recovery action against Travelers, arising from Xerox’s failed 2018 merger with Fujifilm. In a thoughtful order, the court issued three key pro-policyholder rulings that: (1) reinforce the rule that the words “arising from” when used in policy exclusions should be narrowly construed under New York law; (2) recognize that an insurer who shows bad faith indifference to its policyholder’s rights may be held liable for a breach of the duty of good faith and extracontractual damages under New York law; and (3) held that the reasonableness of an underlying settlement is an issue of fact that should go to the jury. A copy of the Court’s decision is available here.
A flurry of activity in the Fifth Circuit this holiday season left clients asking the same questions about the Corporate Transparency Act (CTA): “Do we report Beneficial Ownership Information?” “If so, when is the deadline?” “Will this Act survive judicial review?”
You may recall that on December 26, 2024, the Fifth Circuit vacated the “part…
By Kevin Madagan
Waud Capital Partners has announced the acquisition of Mopec Group from Blackford Capital.
Mopec, founded in 1992 and based in Madison Heights, Michigan, is a supplier and manufacturer of anatomic and forensic pathology equipment, technology, consumable products and services.
Waud, founded in 1993 and based in Chicago, seeks control equity investments…
McGuireWoods partner and host Geoff Cockrell and associate Amanda Roenius welcome Jessica Nunn, CEO of Maven Financial Partners, for a discussion about the convergence of med spas and private equity.
Jessica describes key characteristics of the med spa arena, different membership models and drivers of profitability and explains why she expects the space to
Morgan Stanley Capital Partners (MSCP) recently announced that it will acquire Prescott’s from Atlantic Street Capital.
Prescott’s, founded in 1984 and based in Monument, Colorado, is a provider of medical equipment repair and maintenance service solutions as well as refurbished equipment and parts sales and rentals to care settings across the United States and…
Frontier Growth has announced an investment in Nymbl Systems.
Nymbl, founded in 2016 and based in Dublin, Ohio, is a provider of cloud-based practice management software for orthotics and prosthetics, complex rehabilitation technology, and home medical equipment providers.
Frontier, founded in 1999 and based in Charlotte, North Carolina, is a growth equity firm…
An affiliate of New Enterprise Associates (NEA) will acquire NeueHealth for approximately $1.3 billion, according to a news release.
NeueHealth (NYSE: NEUE), founded in 2015 and based in Doral, Florida, operates clinics under the brand names of Centrum Health, AssociatesMD and Premier Medical Associates. The company also provides a suite of technology and services…
Just what you wanted – another holiday edition of Subject to Inquiry tracking the legal wrangling around the Corporate Transparency Act (CTA). If you’ve just joined our program:
…
Flexpoint Ford has announced a growth equity investment in Apollo Care.
Apollo Care, based in Chicago, is a developer of patient access and analytics solutions for pharmaceutical brands.
Flexpoint Ford, founded in 2005 and based in Chicago, invests in the healthcare and financial services industries. The firm pursues investments from $50 million to…
