Michael Pennington used his background in middle-market investment banking to establish Platinum Dermatology Partners eight years ago. Now with 400 providers across five states, the physician-owned practice is thriving in a marketplace beset by challenges such as wage inflation and declining reimbursement models.
In this episode of The Corner Series, Michael describes the…
On July 9, 2024, McGuireWoods partners Brett Barnett, Mindy Sauter, Mike Elliott, and Michael Podberesky conducted a solution-oriented discussion of key enforcement and compliance developments that impact private equity (“PE”) funds in healthcare. They also highlighted relevant cases regarding the government’s increased interest in compliance diligence in the PE space.
Walgreens Boots Alliance d/b/a Walgreens Co. and Denise Bentley and United Food and Commercial Workers District Union Local One, case number 03-RD-321385, before the National Labor Relations Board Region 3.
The NLRB left the United Food and Commercial Workers International Union (UFCW) on the shelves long past its sell-by date at several western New York Walgreens locations.
Consello Capital has announced its acquisition of EHE Health.
EHE, founded in 1913 and based in New York, is a national network provider of preventive healthcare to employers.
Consello Capital is the private equity arm of Consello, which was founded in 2022 and is based in New York. Consello Capital largely pursues investments in…
Avista Healthcare Partners has announced the acquisition of Trillium Health Care Products from New Water Capital.
Trillium, based in Brockville, Ontario, Canada, is a manufacturer of prescription and over-the‐counter life science-based products for the North American market.
Avista, based in New York, makes control buyout investments in middle market healthcare companies. Founded in…
R1 RCM (NASDAQ: RCM) has agreed to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R), according to a news release.
The all-cash transaction has an enterprise value of approximately $8.9 billion.
R1, founded in 2003 and based in Murray, Utah, is a revenue cycle management…
Olympus Partners has sold Soliant Health to The Vistria Group, according to a news release and industry reports.
Soliant, founded in 1991 and based in Peachtree Corners, Georgia, is a healthcare staffing company.
Olympus Partners, founded in 1988 and based in Stamford, Connecticut, is a middle market private equity firm that pursues investments in…
Amulet Capital Partners has announced the closing of a new fund at $1.2 billion.
The fund, Amulet Capital Fund III, was oversubscribed.
Amulet indicated it has completed two new platform investments in Fund III to date: minds + assembly, an agency and commercialization platform focused on the healthcare sector, and Alliance Clinical Network, a clinical…
McGuireWoods has long been an avid supporter of the advancement of professional women. As part of our initiative seeking to expand the leadership of women in private equity, we are continuing our series of profiling women leaders in private equity and finance. We are hopeful that this series will serve to inspire other women to…
Cook Medical has announced its intention to sell the company’s reproductive health business — Cook ART — to Astorg.
Cook Medical, founded in 1963 and based in Bloomington, Indiana, invents, manufactures and delivers a portfolio of medical devices to healthcare systems worldwide. The company indicated it has been involved in the reproductive health space…
