The Healthcare Investor

Latest from The Healthcare Investor - Page 47

TA Associates will make a growth investment in Intelerad, according to a news release.

Intelerad, with its U.S. headquarters in Raleigh, N.C., is a provider of enterprise medical imaging solutions. Founded in 1999, provides software and enterprise workflow solutions to healthcare providers worldwide, including radiology groups, outpatient imaging centers, hospitals and healthcare systems.

Heritage Group has invested in TwelveStone Health Partners, according to a news release.

TwelveStone, based in Murfreesboro, Tenn., is a provider of comprehensive chronic care medication services. Launched in 2016, the company’s offerings include ambulatory infusion, home infusion and packaged medication delivery.

Heritage Group, based in Nashville, Tenn., makes control and minority

Norwest Equity Partners (NEP) has announced it has completed an investment in QTI Fibers.

QTI, based in Colfax, N.C., is a designer and manufacturer of technical fibers, fabrics and coatings for healthcare and other applications. Founded in 1922, QTI is comprised of three brands: Twitchell Technical Products, Quantum Materials and Infinity Woven Products.

Norwest

TPG Capital will take Convey Health Solutions Holdings (NYSE: CNVY) private, according to a news release.

Convey, based in Fort Lauderdale, Fla., is a specialized healthcare technology and services company. Founded in 2001, the company solutions, designed for government-sponsored health plans, are designed to support member interactions, compliance and Medicare processes.

TPG Capital

Ampersand Capital Partners has completed an investment in Sterling Medical Devices, according to a news release.

Sterling, based in Moonachie, N.J., is a provider of electromechanical and software solutions for the medical device industry. Founded in 1998, the company assists healthcare companies in bringing to market medical device software and hardware, mechanical equipment, and

Levine Leichtman Capital Partners (LLCP) has announced it has acquired Technical Safety Services (TSS).

TSS, based in La Jolla, Calif., is a provider of testing, inspection, certification and calibration (TICC) services to customers in biotechnology, pharmaceutical, medical device and other facilities. Founded in 1970, the company supports organizations throughout North America and around the

Frazier Healthcare Partners has agreed to sell Parata Systems to BD for $1.525 billion, according to a news release.

Parata, based in Durham, N.C., is a provider of pharmacy technology solutions. Founded in 2006, the company offers a range of services, including medication adherence packaging technology and inventory management for long-term care, hospital, retail and

Linden Capital Partners has announced it will make a majority investment in Aspirion.

Aspirion, based in Columbus, Ga., is a full-service revenue cycle management company. Founded in 2006, the company specializes in motor vehicle accident, third-party liability, workers’ compensation, Veterans Administration, out-of-state Medicaid, and Medicaid eligibility and enrollment claims.

Linden, based in Chicago,

Sverica Capital Management has announced it has completed a strategic investment in SG Homecare.

SG Homecare, based in Tustin, Calif., and founded in 2001, is a provider of durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) to home-based patients throughout California.

Sverica, with offices in Boston and San Francisco, pursues entrepreneur-operated businesses in the