“We believe in partnering with people that have that passion, that really want to put the business and the patient over themselves. That’s really the secret sauce of microcap investing.” – Gordon Maner
On this episode of The Corner Series, McGuireWoods’ Geoff Cockrell welcomes healthcare investor Gordon Maner. Gordon is the CEO of …
On March 7, 2024, U.S. Deputy Attorney General Lisa Monaco gave remarks at the American Bar Association’s 39th National Institute on White Collar Crime in San Francisco, California. Monaco provided updates on the U.S. Department of Justice’s (DOJ or the Department) corporate criminal enforcement efforts and announced a handful of new Department initiatives, including a new DOJ whistleblower program that gives monetary rewards for whistleblowers in cases that lead to criminal or civil forfeiture.
WindRose Health Investors has announced its acquisition of CardioOne.
CardioOne, founded in 2023 and based in Houston, is a management services partner and technology platform designed for independent cardiology practices.
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,…
Avista Capital Partners has announced the closing of its latest fund with $1.5 billion in commitments.
The fund, Avista Healthcare Partners VI, was oversubscribed, exceeding its $1.25 billion target. The new fund will focus on investing in high-growth middle market product and technology healthcare companies in North America and Europe.
Avista, based in New York,…
As the market recovers, multiple trends are taking shape in the healthcare provider services industry that will affect investors in 2024.
On this episode of The Corner Series, McGuireWoods’ Geoff Cockrell welcomes Bart Walker and Matt Searles. Bart is a fellow McGuireWoods partner and co-chair of the Healthcare & Life Sciences Industry Team.…
On March 1, 2024, the United States District Court for the Northern District of Alabama declared the Corporate Transparency Act (“CTA”) unconstitutional. Enacted as part of the Anti-Money Laundering Act of 2020, the CTA requires certain legal entities to report beneficial ownership information (“BOI”) to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”). The reporting provisions took effect on January 1, 2024. In National Small Business United v. Yellen (5:22-cv-01448-LCB), the District Court, in a memorandum opinion, rejected the Government’s position when it held that the CTA exceeds Congress’ power to regulate these business entities. The Court issued a Final Judgment on March 1st as well, permanently enjoining enforcement of the CTA against the two plaintiffs.
McGuireWoods’ Ponzi Litigation team launched its Ponzi Perspectives blog in early 2021. Since that time, we’ve posted detailed case alerts of Ponzi-related complaints filed throughout the country and posted key decisions that have the potential to influence controlling law on Ponzi-related issues involving financial institutions. This 2023 year-end round up summarizes the cases and opinions analyzed throughout the year and highlights anticipated trends for 2024.
GTCR has announced a strategic investment in 7to7 Dental.
7to7 Dental, founded in 2008 and based in San Antonio, is a dental service organization with nine locations in the San Antonio area.
GTCR, based in Chicago, pursues a wide range of investments in several industries, including healthcare. Founded in 1980, the firm prefers…
Two ophthalmology practice groups recently reached settlements with the U.S. government totaling nearly $20 million to resolve allegations that their third-party cataract arrangements violated several healthcare laws.
Read on to discover how the settlements offer guidance to vision providers with respect to the government’s focus on ophthalmology-optometry relationships, and whether the settlements’ lessons have broader…
The interview below is part of a McGuireWoods series featuring interviews with C-suite leadership of private equity-backed portfolio companies. To recommend a leader for a future interview, email Holly Buckley at hbuckley@mcguirewoods.com or Tim Fry at tfry@mcguirewoods.com.
Q: How do you ensure the platform’s organizational culture is appropriately conveyed to potential targets?
Rich Goode: …
