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
“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
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.
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
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: The