The U.S. Department of Justice has annunciated several enforcement priorities relevant to the healthcare sector: senior care, opioids, cybersecurity and privacy, and – of particular interest to listeners of “The Corner Series” – private equity investors in the healthcare space.
Michael Podberesky, a former DOJ prosecutor who is now co-chair of McGuireWoods’ False…
By Kevin Madagan
Thomas H. Lee Partners (THL) has acquired Red Nucleus, according to a news release.
Red Nucleus, founded in 1991 and based in Yardley, Pennsylvania, is a life sciences communication firm.
THL, based in Boston, is a private equity firm investing in middle market growth companies in three sectors, including…
The business side of operating an oral and maxillofacial surgery practice can present challenges, such as purchasing the latest equipment, staffing offices and dealing with technology and cybersecurity. That’s where private equity and a group run by doctors can help.
With host Geoff Cockrell, Daniel Hosler, who brings experience in equity, and …
Frazier Healthcare Partners has announced it has completed the acquisition of DirectMed Imaging from NMS Capital.
DirectMed, founded in 2012 and based in Poway, California, is a provider of aftermarket parts and component repairs for diagnostic imaging equipment
Frazier, based in Seattle, is a provider of private equity capital to healthcare companies. The…
GTCR has announced it will acquire TRANZACT.
TRANZACT, founded in 1997 and based in Fort Lee, New Jersey, is a direct-to-consumer insurance services company. The company states it is the agent of record for more than 1 million active insurance policies across the Medicare Advantage, Medicare supplement, and life and supplemental insurance markets.
GTCR…
Renovus Capital Partners has announced it has closed its fourth private equity fund.
The fund, Renovus Capital Partners IV Core Buyout, was oversubscribed and had total capital commitments of $875 million. It will focus on control investments in founder-owned small and mid-sized businesses in the lower middle market.
Renovus, based in Philadelphia, is a…
Shore Capital Partners has announced the closing of its inaugural Healthcare Advantage Fund.
The fund will target healthcare companies in the lower middle market.
In conjunction with announcing the close of the Advantage Fund, Shore Capital announced the close of two other non-healthcare-focused funds. The three new funds each exceeded their targets and together represent…
TPG has purchased a majority stake in Surescripts, according to a news release.
Surescripts, founded in 2001 and based in Arlington, Virginia, is a health information network largely known for its e-prescribing network.
TPG, founded in 1992 and based in San Francisco, targets investments in middle market companies. The firm invests in…
Everyone wants to dip their toe in the medical aesthetics space. And why not? It’s beautiful. But among platforms in this space, such as day spas, it is the pure med spa that has longevity “because it mixes the experiential with the service and the clinical outcomes,” says Nicole Chiaramonte.
In October 2022,…
Accel-KKR has acquired VisiQuate, according to a news release.
VisiQuate, founded in 2009 and based in Santa Rosa, California, is a provider of revenue cycle management and analytics solutions for health systems.
Accel-KKR, based in Menlo Park, Calif., is a technology-focused investment firm. The firm pursues middle-market companies and provides a broad…
