Resurgens Technology Partners has invested in Movemedical, according to a news release.
Movemedical, founded in 2019 and is based in San Diego, is an enterprise software platform for medical device inventory management.
Resurgens, based in Atlanta, is private equity firm focused on investing in North American and select European lower middle market businesses with a…
Patient Square Capital will make a strategic investment in CorroHealth, according to a news release.
CorroHealth, founded in 2019 and based in Plano, Texas, is a provider of revenue cycle management solutions to health systems and health plans.
Patient Square, based in Menlo Park, Calif., is dedicated healthcare investment firm. Founded in…
Labeling litigation in the food and beverage space remains vigorous, especially in California. To avoid becoming a party to such litigation, participants in the manufacturing and sale of consumer products must take care to ensure that their labeling and marketing of products is accurate and is not misleading as prohibited by various consumer protection statutes. A recent opinion in a pending California action highlights the increase in “greenwashing” litigation – where plaintiffs claim that labels and marketing materials misrepresent the environmentally sustainable practices associated with a product.
Nautic Partners has announced the closing of a new fund with $4.5 billion of commitments.
The fund, Nautic Partners XI, was oversubscribed and surpassed its target of $3.75 billion. Nautic indicated that Nautic Partners XI is the firm’s largest fund to date.
Nautic, based in Providence, R.I., is a middle market private equity firm…
On Oct. 22, 2024, the Securities and Exchange Commission (SEC) announced settled charges against four current and former public companies, Unisys, Avaya Holdings, Check Point Software Technologies and Mimecast, for allegedly making materially misleading statements in their public disclosures regarding cybersecurity intrusions and risks following the SolarWinds Corporation software hack. This wave of enforcement actions…
The U.S. Department of Justice has annunciated several enforcement priorities relevant to the healthcare sector: senior care, opioids, cybersecurity and privacy, and – of particular interest to listeners of “The Corner Series” – private equity investors in the healthcare space.
Michael Podberesky, a former DOJ prosecutor who is now co-chair of McGuireWoods’ False…
Notable litigation filed during September 2024 includes: (1) Williamson, et al. v. Linarducci, et al., No. 24-cv-01526 (S.D. Ind.); (2) Perrotta v. First Edge, LLC, et al., No. 24-cv-01638 (M.D. Fla.); (3) Next Gen. Inv. Grp., LLC, et al. v. Pure Health Enters., Inc., et al., No. 24-cv-06764 (N.D. Cal.); (4) Commodity…
By Kevin Madagan
Thomas H. Lee Partners (THL) has acquired Red Nucleus, according to a news release.
Red Nucleus, founded in 1991 and based in Yardley, Pennsylvania, is a life sciences communication firm.
THL, based in Boston, is a private equity firm investing in middle market growth companies in three sectors, including…
After a nearly five-year rulemaking process, the U.S. Department of Defense (DoD) published the Final Cybersecurity Maturity Model Certification 2.0 (CMMC) program rule in the Federal Register on Oct. 15, 2024, codified at 32 CFR Part 170. Contract clauses implementing the CMMC program rule will be issued as part of the Defense Federal Acquisition Supplement,…
The business side of operating an oral and maxillofacial surgery practice can present challenges, such as purchasing the latest equipment, staffing offices and dealing with technology and cybersecurity. That’s where private equity and a group run by doctors can help.
With host Geoff Cockrell, Daniel Hosler, who brings experience in equity, and …
