GI Partners has announced the closing of its fifth fund, Fund VI.
The oversubscribed fund reached $3.9 billion in total commitments, surpassing the target of $3.25 billion.
The firm indicated it would use Fund VI capital for control-oriented investments in North American companies across four sectors: healthcare, IT infrastructure, services and software.
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
Onex Corp. has announced that Onex Partners V will acquire Newport Healthcare.
Newport, based in Newport, R.I., is a provider of healing centers for teens and young adults struggling with primary mental health issues. Founded in 2008, the company’s offerings include residential treatment centers, partial hospitalization programs and intensive outpatient programs.
Northlane Capital Partners (NCP) has announced it has invested in EBS d/b/a The Difference Card.
The Difference Card, based in White Plains, N.Y., is a provider of healthcare cost containment solutions. Founded in 2001, the company generally targets small and mid-sized businesses and serves nearly 800 U.S. employers.
NCP, based in Bethesda, Md.,
Warburg Pincus will make a minority investment in Global Healthcare Exchange (GHX), according to a news release.
GHX, based in Louisville, Colo., is a healthcare business and data automation company. Founded in 2000, the company operates a trading network that connects those who buy, sell and use products needed to deliver patient care.
A partnership comprised of funds managed The Blackstone Group, The Carlyle Group and Hellman & Friedman will make a majority investment in Medline Industries, according to a news release.
Medline, based in Northfield, Ill., is a manufacturer and distributor of healthcare supplies. The company reported 2020 revenue of $17.5 billion.
Grant Avenue Capital has announced it acquired a majority interest in QHR Health from Quorum Health Corp.
QHR Health, based in Brentwood, Tenn., provides solutions to independent hospitals and health systems. Founded in 1977, these solutions and services include management advisory services, revenue cycle management, supply chain optimization, outsourced IT services and strategic consulting.
Frazier Healthcare Partners has announced it has closed its 10th private equity fund focused exclusively on the healthcare middle market.
The oversubscribed fund — Frazier Healthcare Growth Buyout Fund X — hit its hard cap of $1.4 billion in capital commitments.
With the addition of new fund, Frazier Healthcare Partners has now raised more than $6.2
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
The Vistria Group has announced the recapitalization and a growth investment in Medalogix and Muse Healthcare.
Medalogix, based in Nashville, Tenn., is a data science company focused exclusively on home health and hospice.
Muse Healthcare, based in Shoreview, Minn., is a data science company that provides analytics designed to support hospice patient transitions.