Arlington Capital Partners has announced its acquisition of TEAM Technologies from Clearlake Capital Group.

TEAM Tech, founded in 1988 and based in Morristown, Tennessee, is a manufacturing solutions provider for medical and dental products.

Arlington Capital, founded in 1999 and based in Washington, D.C., is a private equity firm specializing in government-regulated industries,…

Shore Capital Partners has announced the recapitalization of Point C.

Point C, founded in 2020 and based in Chicago, is a third-party administrator of medical benefits, cost containment and other administrative services for self-insured employers.

Shore Capital, based in Chicago, pursues investments in the lower middle market in healthcare and several other industries.…

H.I.G. Capital has announced a significant growth investment in Carebox.

Carebox, founded in 2014 and based in Raleigh, North Carolina, is a software platform that connects patients, families and physicians with treatment options only available in clinical trials.

H.I.G. Capital, based in Miami, pursues a wide range of investments in healthcare and many…

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,…

On September 24, 2024, the Department of Health and Human Services Office of Inspector General (“OIG”) published a report (the “Report), reviewing and recommending increased oversight of remote patient monitoring (“RPM”) services and billing in the Medicare program. In the Report, OIG focused on three main issues: (1) Patients and providers are not using RPM as intended; (2) RPM presents an increased risk of fraud and abuse; and (3) there is a lack of information and transparency related to enrollees’ use of RPM. Read on for additional background with regards to the growing use of RPM by Medicare providers, these three OIG findings, additional recommendations, and how regulators may respond.

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,…