Bain Capital Life Sciences (BCLS) has announced a new fund with approximately $3 billion in total commitments.
The fourth fund for BCLS includes approximately $2.5 billion of outside commitments from existing and new investors.
The fund will invest in medicines, medical devices, diagnostics and life sciences tools.
BCLS, founded in 2016, states that…
The current environment of higher interest rates and high inflation may have a deleterious effect on the retail industry. Although the fear of interest rates and inflation continuing to rise appears to have tapered off, both are still relatively high in comparison to the past twenty-year period. Each on its own can have a negative impact on the retail industry, and unfortunately, both combined can present enough challenges to a retail businesses to force them to change strategies for long-term survival.
Amulet Capital Partners has announced the acquisition of the Genetics & IVF Institute (GIVF).
GIVF, founded in 1984 and based in Fairfax, Virginia, is a provider of reproductive tissue banking and related reproductive technology services. The company’s brands including Fairfax Cryobank and Fairfax Eggbank.
Amulet, based in Greenwich, Conneticut, is a middle market…
WindRose Health Investors has announced an investment in MyndYou.
MyndYou, founded in 2016 and based in New York, is a provider of conversational artificial intelligence solutions for healthcare.
WindRose, based in New York, pursues control equity investments in healthcare companies. Founded in 2000, the firm invests in a broad range of industry segments,…
At six months out, Seva Dental Team – Naimish Patel’s second venture in the dental consolidation arena – is already as successful as his first operation was at three years. What’s driving Seva’s fast-track? “We believe in picking a lane and swimming really fast in it,” explains Naimish, Seva’s chairman and co-founder. “We are…
Audax Private Equity has announced it will sell United Urology Group (UUG) to OneOncology.
UUG, founded in 2016 and based in Owings Mills, Maryland, is a management services organization for a network of urology affiliate practices with locations in Arizona, Colorado, Delaware, Maryland and Tennessee.
Audax, with private equity offices in Boston, New York…
Audax Private Equity has announced it will acquire the clinical services business of Avantor (NYSE: AVTR).
Avantor, founded in 1904 and based in Radnor, Pennsylvania, is a life science tools company. Its clinical services division provides clinical trial and laboratory supply chain services to pharmaceutical and biotechnology companies, contract research organizations (CROs) and diagnostic…
M&A activity in the healthcare space has slowed since 2022, but with stable interest rates and creative deal structuring, activity should increase going forward.
Host Geoff Cockrell is joined by Jamie Heidbreder, managing director in Fifth Third’s Healthcare Investment Banking group, to discuss challenges in healthcare M&A since 2022, the factors leading to…
Blackstone will acquire Chartis from Audax Private Equity, according to a news release. Audax will remain invested in the company.
Chartis, founded in 2001 and based in Chicago, is a healthcare advisory firm with brands including Chartis, Jarrard, Greeley and HealthScape Advisors.
Blackstone (NYSE: BX), founded in 1985 and based in New York,…
Notable litigation filed during July 2024 includes: (1) SEC v. Kralik, et al., No. 24-cv-01460 (C.D. Cal.); (2) Yang, et al. v. Fei, et al., No. 24-cv-05055 (S.D.N.Y.); (3) Mentink, et al. v. Rowe, et al., No. 24-cv-02047 (D.D.C.); (4) Osprey Investment, Inc. v. Sawyer, et al., No. 24-cv-443476 (Cal. Super.…
