New Mountain Capital has announced an investment in ClaimLogiq.
ClaimLogiq, founded in 2013 and based in Mount Pleasant, S.C., is the developer of TrueCost, a payer-facing, claim-analyzing solution.
New Mountain, based in New York, is a growth-oriented investment firm. Founded in 1999, the firm manages private equity, credit and net lease real estate…
Signet Healthcare Partners has completed a growth capital investment in LAXAI, according to a news release.
LAXAI, with U.S. offices in Massachusetts and California, is an integrated contract research, development and manufacturing organization. Founded in 2007, the company’s solutions include drug discovery, chemical process research and development and manufacturing for pharmaceutical, biotech and specialty…
Bain Capital Private Equity has invested in CitiusTech, according to a news release.
CitiusTech, based in Princeton, N.J., is a provider of digital technology and consulting services to payer, provider, medical technology and life sciences companies. Founded in 2005, the company’s key focus areas include healthcare interoperability, data management, quality and performance analytics, value-based…
Cimarron Healthcare Capital and Tacoma Holdings have announced the recapitalization of Frontpoint Health.
Frontpoint is a home health and hospice platform focused primarily on servicing Medicare Advantage patients in the Texas market.
Cimarron, based in Salt Lake City, is a healthcare-focused private equity firm targeting investments in the lower middle market. Founded in 2015, the firm typically invests…
Veritas Capital has announced the closing of its latest fund, Veritas Capital Fund VIII, with $10.65 billion.
The fund was oversubscribed and exceeded its hard cap of $8.5 billion.
Veritas, based in New York, is a private equity firm that primarily targets technology or technology-enabled solutions for several sectors, including healthcare.
NovaQuest Private Equity (NQPE) has invested in Bend Bioscience, according to a news release.
Bend Bioscience, based in Bend, Ore., is an early-phase contract development and manufacturing organization (CDMO). Founded in 2021, the company specializes in particle engineering, drug delivery, drug development and manufacturing to the pharmaceutical industry.
NQPE is a private equity…
TPG Capital has completed its acquisition of ClaimsXten, Change Healthcare’s claims editing business, from UnitedHealth for $2.2 billion, according to news reports.
The sale of ClaimsXten follows UnitedHealth’s acquisition of Change Healthcare. This transaction was placed on hold after the U.S. Department of Justice sued to stop it. Last month, a federal judge ruled…
The Vistria Group has announced it has invested in Flores & Associates.
Flores, based in Charlotte, N.C., is a provider of benefit technology solutions and administrative services to employers throughout the United States. Founded in 1986, the company is an administrator of employer-sponsored reimbursement plans, including flexible spending accounts, health savings accounts and health reimbursement…
HCAP Partners has announced it and Baymark Partners have invested in DFW Neuropathy.
DFW Neuropathy, based in North Texas, is a neuropathy treatment company. Founded in 2010, the company specializes in combination electroanalgesia treatment intended to heal or reverse peripheral neuropathy.
HCAP Partners, based in San Diego, is a private equity firm that…
Great Point Partners (GPP) has completed a growth investment in iXCells Biotechnologies, according to a news release.
iXCells, based in San Diego, is a provider of cell-based products and discovery services to the academic, biotech and pharmaceutical communities worldwide. Founded in 2014, the company focuses on primary and induced pluripotent stem cell-derived cellular…
