Sentinel Capital Partners has announced the closing of two new funds with a combined $5.2 billion.
The firm closed Sentinel Capital Partners VII at $4.3 billion and Sentinel Junior Capital II at $835 million.
Sentinel Capital Partners, based in New York, is focused on the lower end of the middle market. Founded in 1995, the firm pursues…
MBF Healthcare Partners II (MBF) has announced it has completed the acquisition of Austin Connect to Wellness d/b/a ABA Connect.
ABA Connect is a Texas-based provider of applied behavior analysis therapy to children and adolescents with autism spectrum disorder. Founded in 2013, the organization has six facilities across the Austin and Houston markets.
MBF,…
BV Investment Partners has announced it has invested in Imagenet.
Imagenet, founded in 2000 and based in Kent, Wash., is a provider of back-office support technology and tech-enabled outsourced services to U.S. healthcare plans.
BV, based in Boston, is a middle market private equity firm focused on the tech-enabled business services, software and…
On Nov. 21, 2022, the Federal Communications Commission issued a declaratory ruling and order finding that “ringless voicemails” to wireless phones are “calls” made using an artificial or prerecorded voice. Such calls, therefore, are subject to the Telephone Consumer Protection Act and callers must obtain consent before delivering such messages.
Read on to learn about…
On Monday November 28, 2022, the U.S. Supreme Court heard oral arguments on Ciminelli v. United States. The Court will decide whether the “right-to-control” theory of fraud used by the Second Circuit is a valid basis for property fraud liability under the federal wire fraud statute. Courts and prosecutors have used the right-to-control theory to punish schemes which intend to deprive a victim of valuable information regarding an economic decision. Among other things, the ruling has implications for the expanding scope of federal fraud statutes as applied to undisclosed self-dealing and conflicts of interest. In oral arguments, the Court’s candid disapproval of the right-to-control theory sent a strong signal that this avenue under federal criminal laws for prosecuting “informational deprivation” in dealings may be about to close.
Notable litigation for October includes: (1) Kansas Securities Commissioner v. Premier Global Corporation, et al.; (2) Dettmering, et al. v. VBit Technologies Corp., et al.
Many investors take on an operating thesis that, by law, the obligations of investment companies are not the obligations of the investor. They apply this whether their fund has invested in the securities of a limited partnership, a limited liability company or a corporation.
In the first of two episodes, McGuireWoods partner Mark Freedlander joins…
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…
Vestar Capital Partners has completed a strategic growth investment in Nox Health, according to a news release.
Nox, based in Alpharetta, Ga., is a global sleep health company. Founded in 2007, the company provides technology and program solutions to help diagnose and manage sleep problems.
Vestar Capital Partners, based in New York,…
Viewside Capital Partners and Morningside Group have co-led a $15 million series A funding round in Resilience Lab, according to a news release.
Resilience Lab, based in New York, is a mental health technology company. Founded in 2019, the company’s platform is designed to help clients connect to therapists and participate in in-person,…
