Lumerity Capital has acquired Ellit Groups, according to a news release and industry reports.
Ellit, founded in 2019 and with offices in New York, San Diego and Houston, is a healthcare information technology (IT) consulting firm.
Lumerity, founded in 2014 and based in Sunny Isles Beach, Florida, is a private equity firm focused…
Hamilton Lane has acquired a significant equity interest in Cosette Pharmaceuticals from Avista Capital Partners and its co-investors, according to a news release.
Avista and Hamilton Lane will jointly control Cosette going forward.
Cosette, founded in 2019 and based in South Plainfield, New Jersey, is an integrated pharmaceutical company with a portfolio of…
The back office of a medical practice is like the offensive line on a football team: It does the job no one else wants to do.
On this episode of The Corner Series, host Geoff Cockrell is joined by MedHQ President Erik Miller to discuss how outside back-office support for areas such as…
SAIGroup has announced it has acquired Get Well.
Get Well, founded in 2000 and based in Bethesda, Maryland, is a provider of patient engagement technology and services.
SAIGroup, founded in 2017 and based in Palo Alto, California, is a private equity firm focused on acquiring and growing enterprise artificial intelligence companies that operate in…
FFL Partners has announced it has invested in Medicus IT.
Medicus, founded in 2004 and based in Alpharetta, Georgia, is a healthcare-focused IT managed services provider.
FFL, based in San Francisco, invests in middle market companies within healthcare and business services. Founded in 1997, the firm generally commits $50 million to $200 million…
Avesi Partners has announced the closing of a new fund at $1.35 billion.
The fund, Avesi Partners Fund II, was oversubscribed and closed at its hard cap.
Avesi, based in Stamford, Conn., is a private equity firm focused on healthcare services, healthcare technology and business services. Founded in 2021, the firm generally targets lower middle…
Lee Equity Partners has announced the closing of a new fund with total capital commitments of approximately $1.3 billion.
The fund, Lee Equity Partners Fund IV, was oversubscribed and exceeded its $1.0 billion target.
The fund will be used to continue Lee Equity’s strategy of investing in companies in healthcare and financial services.
Lee Equity is a…
In SEC v. Jarkesy, No. 22-859, 603 U.S. __ (2024), the Supreme Court held that the Seventh Amendment prohibits the Securities and Exchange Commission (SEC or Commission) from seeking civil penalties in certain enforcement actions when the Commission chooses to proceed in-house before its own administrative law judges (ALJs), rather than in federal court. In a 6-3 opinion written by Chief Justice Roberts, the Court held that the Seventh Amendment requires, at a minimum, that any fraud action involving civil penalties be tried in front of a jury in federal court. The Court’s decision will have immediate implications for the SEC’s enforcement program and will likely have broader implications for administrative adjudications for a host of federal agencies and federal laws.
Argosy Healthcare Partners (AHP) has announced the recapitalization of Connect Life Sciences (CLS).
CLS, founded in 2020 and based in Orlando, Florida, provides recruitment services to pharmaceutical, biotechnology and medical device companies.
AHP, based in Wayne, Pa., is a lower middle market private equity investor focused exclusively on healthcare. A division of Argosy…
Triton Pacific Healthcare Partners has announced the closing of its sale of BioMatrix Specialty Infusion Pharmacy to Frazier Healthcare Partners.
BioMatrix, founded in 2001 and based in Plantation, Florida, is a provider of specialty infusion services in the United States.
Triton Pacific Healthcare Partners is the healthcare division of Triton Pacific Capital Partners.…
