By Jeffrey D. Brooker, J.D. Costa, Jon W. Finger, Richard S. Grant and Gregory P. Hawver
McGuireWoods’ Independent Sponsor Conference in Dallas drew more than 1,500 independent sponsors and capital providers from 47 states and the District of Columbia and eight countries. Attendees gathered to network, learn and share insights.
Read on for key takeaways…
New State Capital Partners has announced it has acquired Agility Recovery Services.
Agility, based in Atlanta, is a provider of business continuity and disaster recovery services for healthcare organizations and customers in other sectors. Founded in 1989, Agility’s subscription-based services include access to backup power, temporary office space, network connectivity, and backup technology and equipment.…
As the fee-for-service model in U.S. healthcare grows increasingly unpopular, shifting to a value-based care paradigm can move the healthcare system toward better outcomes, lower costs, better patient access and experiences — and greater investment opportunities.
In this episode of The Corner Series, McGuireWoods’ Geoff Cockrell is joined by Andrew Clark, managing partner…
Gemspring Capital has announced it has sold Valant Medical Solutions to an affiliate of Resurgens Technology Partners.
Valant, founded in 2005 and based in Seattle, is provider of SaaS-based electronic health record and practice management software for behavioral health providers.
Gemspring, based in Westport, Conn., is a middle market private equity firm that…
Gryphon Investors has announced it has sold Potter Global Technologies to investment funds managed by KKR.
Potter, based in St. Louis, Mo., is global provider of fire safety and emergency communication products. Started in 1898, Potter serves customers in healthcare and several other markets.
Gryphon, based in San Francisco, focuses on middle market…
On Nov. 30, the Illinois Supreme Court, in Mosby v. The Ingalls Memorial Hospital et al., held that certain healthcare providers’ biometric data, used for healthcare operational purposes under the Health Insurance Portability and Accountability Act, is not protected under the Illinois Biometric Information Privacy Act. Read on for details about this development and…
Some private equity groups buy assets just to pull them apart and sell them in pieces, but that is the exception, not the norm. In fact, private equity has done a lot to build and improve businesses, especially small and medium-sized ones.
In this episode of The Corner Series, McGuireWoods partner Geoff Cockrell speaks…
On Dec. 6, the U.S. Food and Drug Administration sent a warning letter to the owners of online hemp, tetrahydrocannabinol and cannabidiol retailer Hemp-xr.com for introducing adulterated foods into interstate commerce. FDA took issue with certain cookies, edibles, gummies and honey containing delta-8 THC and CBD because they “bear or contain an unsafe food additive.”…
Notable litigation filed during November 2023 includes: (1) BB & MB WDF, LLC v. Seare, et al.; (2) Day v. Heppner, et al.; (3) Scura v. Heppner, et al.; and (4) Commodity Futures Trading Comm’n v. Young, et al.
H.I.G. Capital has agreed to acquire the spine business of ZimVie (Nasdaq: ZIMV) for $375 million, according to a news release.
H.I.G. will acquire Zimvie’s spine, motion preservation and EBI bone healing technologies.
ZimVie was formed less than two years ago when Zimmer Biomet spun out its dental and spine segments. Following the sale, ZimVie…
