On March 26, a containership struck the Francis Scott Key Bridge in Baltimore, Maryland, resulting in the collapse of the highway infrastructure and tragic loss of life.[i]  As communities grieve the loss of their loved ones, businesses around the world are grappling with the economic fallout, including significant supply chain disruptions.  The closure of I-695, which provides an alternate route for hazardous materials and oversized vehicles that are prohibited from going through the Baltimore Harbor Tunnel, has created a gridlock for companies with distribution warehouses nearby.[ii]  The many ships stuck at the Port of Baltimore blockage, which is the top port in the nation for automobile shipments, is likely to create a ripple effect for other ports worldwide.[iii]

Trinity Hunt Partners has announced a majority investment in Coker Group.

Coker, founded in 1987 and based in Alpharetta, Ga., is a healthcare advisory firm serving hospitals, private and health system-affiliated physician groups, private equity-backed platforms, and ancillary healthcare entities.

Trinity Hunt, based in Dallas, is a growth-oriented private equity firm that targets…

New Mountain Capital will sell ILC Dover to Ingersoll Rand for about $2.3 billion, according to industry reports.

ILC, founded in 1947 and based in Frederica, Del., designs and produces solutions for the biopharmaceutical, pharmaceutical and medical device markets and aerospace industries.

New Mountain, based in New York, is a growth-oriented investment…

Unemployment trends have significant ramifications for labor market dynamics and the macroeconomy. Understanding the implications of the macroeconomy helps business leaders make more informed investment decisions.

In this episode of The Corner Series, McGuireWoods’ Geoff Cockrell welcomes guests Tim Fry, a healthcare partner at McGuireWoods, and Alex Chausovsky, director of analytics and…

GTCR announced it has closed its acquisition of Cloudbreak Health from UpHealth for a purchase price of $180 million.

Cloudbreak, based in Columbus, Ohio, is a video-focused language interpretation service provider that helps patients with limited English proficiency communicate with caregivers in healthcare settings.

GTCR, based in Chicago, pursues a wide range of…

Arsenal Capital Partners will acquire Fortrea’s enabling services segment and patient access businesses, according to a news release.

Fortea (Nasdaq: FTRE), a global clinical research organization based in Research Triangle Park, N.C., is divesting its Endpoint Clinical and Fortrea Patient Access businesses in a transaction value at up to $345 million, according to news…

Linden Capital Partners has announced the acquisition of Alcresta Therapeutics.

Alcresta, founded in 2011 and based in Newton, Mass., develops and commercializes enzyme-based products designed to address challenges faced by people living with gastrointestinal disorders and rare diseases.

Linden, based in Chicago, is a private equity firm focused exclusively on the healthcare industry.…

Frazier Healthcare Partners has announced it has acquired RevSpring from GTCR.

RevSpring, founded in 1981 and based in Nashville, is a provider of communication and payment solutions servicing healthcare and financial services companies.

Frazier, based in Seattle, is a provider of private equity capital to healthcare companies. The firm, founded in 1991, prefers…