Gurnet Point Capital and Novo Holdings have completed their acquisition of Paratek Pharmaceuticals in a deal valued at $462 million, according to a news release.
Paratek, founded in 1996 and based in Boston, is a commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for life-threatening diseases and other public health…
COMPLIMENTARY WEBINARTuesday, October 24, 202312-1 p.m. (ET) | 11 a.m.-12 p.m. (CT) | 9-10 a.m. (PT)
Join McGuireWoods attorneys Amber McGraw Walsh and Kayla McCann Marty for a discussion of the payor services market. Their webinar will cover:
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On this episode of Health+Tech, host Kristen McDermott Woodrum is joined by Charlie Winn, co-founder, vice president of sales and chief revenue officer for Liine, an artificial intelligence-powered call recording platform for healthcare practices. Their discussion covers the technology behind Liine, its use of AI, insights from Liine’s analytics and the near-term impact
Bain Capital Private Equity will acquire Harrington Process Solutions, according to a news release.
Harrington, founded in 1959 and based in Chino, Calif., is a specialty distributor of industrial flow control process solutions. Harrington provides solutions to a wide range of industries, including life sciences.
Bain Capital Private Equity, based in Boston, focuses…
Blue Heron Capital has closed out its latest fund with $102 million, according to industry reports.
The new fund, Blue Heron Capital Fund III, was oversubscribed.
Blue Heron, based in Richmond, Va., is a private equity firm focused on healthcare and enterprise technology. Founded in 2006, the firm pursues growth equity and minority…
Surge Private Equity has announced it has invested in Elite Clinical Network (ECN) in a transaction valued at around $200 million.
ECN, founded in 2003 and based in Las Vegas, is a network of pharmaceutical research sites throughout California, Arizona and Nevada.
Surge, based in Dallas, is lower middle market equity firm pursuing investments…
In the past three to four years, health system transaction activity has significantly slowed, due, in large part, to the unavoidable COVID-19 response efforts hospitals faced. Now, in this post-pandemic era, hospitals are reemerging and reengaging as active players in the transaction sphere — particularly when it comes to joint ventures, as McGuireWoods discussed during…
Grant Avenue Capital has announced it has participated in a recapitalization of CREO with founding partners of the company.
CREO, founded in 2015 and based in Durham, N.C., is a provider of strategy, merger and acquisition, digital transformation, cybersecurity, information technology quality and regulatory compliance consulting services to life sciences and healthcare organizations/
Thoma Bravo will acquire NextGen Healthcare, according to a news release.
NextGen, founded in 1994 and based in Atlanta, is a provider of healthcare software services.
Thoma Bravo agreed to pay $23.95 for each NextGen share in a transaction valued at approximately $1.8 billion. Upon completion of the transaction, NextGen will become a…
In its continued effort to curb fraud and abuse in the hospice industry, on Aug. 22, 2023, the Centers for Medicare & Medicaid Services (CMS) announced it was making unannounced site visits to every Medicare-enrolled hospice nationwide.
The goal of the site visits was to ensure that each hospice was active and operational at the…
