In the wake of the COVID-19 pandemic, the supply chain crisis has evolved into a contentious issue that has captured the attention of both consumers and retail businesses. Specifically, there has been a significant emphasis on challenges related to international ocean transportation. Within the supply chain, ocean container transport plays a crucial role for retailers and consumer brand businesses. However, this aspect of the supply chain is characterized by a complex set of technical jargon, regulations, and fees that are imposed on companies importing and exporting goods to and from the United States, which can be both confusing and challenging.
DW Healthcare Closes New Fund With $210 Million
DW Healthcare Partners (DWHP) has announced the closing of DW Healthcare Partners Small Cap (“Founders Fund”).
The fund raised $210 million in total capital commitments and will be focused on lower middle market healthcare investments.
DWHP will invest from the new fund in companies with $3 million to $6 million in EBITDA. The fund currently has…
Healthcare & Life Sciences Private Equity Deal Tracker: Kohlberg Invests in United Digestive
Kohlberg & Company has completed a growth capital investment in United Digestive, according to a news release.
United Digestive, based in Atlanta, is a gastroenterology service provider with locations in Georgia, Florida, North Carolina and South Carolina. The company’s model consists of ambulatory surgery centers, ancillary services and professional services.
Kohlberg, based in…
Event Replay: Food and Product Labeling and Sale Practices Litigation and Regulatory Update – March Radness Edition
In case you missed our March 23 webinar on regulatory and litigation developments facing the product manufacturing, food and beverage, and retail industries, a recording of the webinar and a copy of the presentation materials are now available.
If you are interested in learning more about any of the related topics covered during the…
Another Judicial Reminder for Policyholders to Carefully Review Policy Language and Provide Timely Notice of a “Claim”
Insurance policies invariably require insureds to submit timely written notice of a “Claim” made by third parties to obtain coverage from the insurer. A recent decision from the United States District Court for the Southern District of New York is yet another reminder that insureds need to closely analyze what constitutes a “Claim” under their policies in order to comply with the timely notice requirement.
Healthcare & Life Sciences Private Equity Deal Tracker: Waud Acquires Fusion Healthcare Staffing
Waud Capital Partners (WCP) has acquired a majority stake in Fusion Healthcare Staffing, according to a news release.
Fusion, founded in 2013 and based in Sandy, Utah, is a provider of locum tenens staffing services to hospitals and healthcare providers across the United States.
WCP, founded in 1993 and based in Chicago, seeks…
Women in PE to Know: Erin Andrew
McGuireWoods has long been an avid supporter of the advancement of professional women. As part of our initiative seeking to expand the leadership of women in private equity, we are continuing our series of profiling women leaders in private equity. We are hopeful that this series will serve to inspire other women to pursue their…
Healthcare & Life Sciences Private Equity Deal Tracker: EHP Invests in Janus
Enhanced Healthcare Partners (EHP) has announced it has made a strategic growth investment in Janus.
Janus, founded in 2020 and based in Chicago, is a provider of healthcare revenue cycle management technology.
EHP, with offices in New York and Salt Lake City, is a healthcare-focused private equity firm that makes minority and majority…
Healthcare & Life Sciences Private Equity Deal Tracker: Graham Partners Invests in Rhythmlink
Graham Partners has completed an investment in Rhythmlink International, according to a news release.
Rhythmlink, based in Columbia, S.C., is a designer and manufacturer of disposable neurodiagnostic devices and consumables. Founded in 2002, the company’s devices support intraoperative neuromonitoring, electroencephalography, evoked potentials, polysomnography, long-term monitoring epilepsy and critical care units.
Ophthalmic Distributor May Face $848M in Penalties for Kickbacks, False Claims Act Violations
On Feb. 28, a federal jury in the District of Minnesota found the Cameron-Ehlen Group, d/b/a Precision Lens, and its founder and owner guilty of paying kickbacks to ophthalmic surgeons in violation of the False Claims Act and Federal Anti-Kickback Statute between 2006 and 2015.
Read on for details about this case, which illustrates the…