The Healthcare Investor

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Shore Capital Partners has announced the closing of two new funds.

The sixth Shore Capital Healthcare Partners Fund closed with more than $625 million in capital commitments. The second Shore Search Partners Fund closed with close to $225 million in capital commitments.

Shore Capital, founded in 2009 and based in Chicago, pursues investments in

Platinum Equity has announced it will acquire the Products & Healthcare Services (P&HS) segment of Owens & Minor.

P&HS, based in Richmond, Virginia, is a medical supply distribution platform primarily serving the U.S. acute care market.

Platinum Equity, founded in 1995 and based in Los Angeles, is a global investment firm. The firm specializes

Sheridan Capital Partners has announced an investment in National Care Systems (NCS).

NCS, founded in 1992 and based in Brooklyn, New York, is a provider of revenue cycle management software serving skilled nursing facilities and assisted living facilities across the United States.

Sheridan, founded in 2012 and based in Chicago, is healthcare-focused firm

LLR Partners has announced the close of a new fund.

The fund — LLR Equity Partners VII — closed at $2.45 billion.

LLR, founded in 1999 and based in Philadelphia, makes majority and minority investments in lower middle market technology and healthcare businesses. Within healthcare, the firm pursues investments in healthcare IT, outsourced healthcare

New Mountain Capital has completed a strategic investment in SmarterDx, according to a news release.

SmarterDx, founded in 2020 and based in New York, develops clinical artificial intelligence focused on revenue integrity and care quality.

New Mountain, based in New York, is a growth-oriented investment firm. Founded in 1999, the firm manages private