Avista Capital Partners has announced it has closed on the sale of Inform Diagnostics to Fulgent Genetics for approximately $170 million.
Inform Diagnostics, based in Irving, Texas, is an independent pathology laboratory business that has laboratories in Irving, Texas, as well as Boston, New York City and Phoenix.
Fulgent Genetics (NASDAQ: FLGT), based in Temple City,…
KKR has announced it has closed its newest fund, KKR North America Fund XIII, with $19 billion.
The fund, which will focus on pursuing private equity investments in North America, was oversubscribed.
The private equity platform of Kohlberg Kravis Roberts (KKR) & Co., which is based in New York, considers investments in all industries, including…
TPG Capital has agreed to acquire ClaimsXten, Change Healthcare’s claims editing business, from UnitedHealth for $2.2 billion, according to news reports.
The sale of ClaimsXten will only proceed if UnitedHealth’s acquisition of Change Healthcare is completed. The acquisition is currently on hold after the U.S. Department of Justice sued to stop the deal.
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Clayton, Dubilier & Rice (CD&R) will acquire the hospice and personal care divisions of Humana’s Kindred at Home (KAH) subsidiary for about $2.8 billion, according to a news release.
The transacted divisions include patient-centered services for hospice, palliative, community and personal care.
The deal is expected to close in the third quarter.
CD&R, with…
Enhanced Healthcare Partners (EHP) has announced it has completed a strategic growth investment in Vytalize Health.
Vytalize, based in Hoboken, N.J., is a value-based care platform for seniors. The company’s vertically integrated solution combines a risk-bearing entity, virtual and in-home clinic model, and technology platform. Vytalize states that it supports physicians caring for more…
FFL Partners has announced it has invested in Perlman Clinic.
Perlman, based in San Diego, is an independent provider of primary care in the Greater San Diego Market. Founded in 2005, Perlman operates 16 facilities staffed by more than 100 primary care providers who provide primary care, urgent care, behavioral health and wellness services.
FFL…
One Equity Partners (OEP) has announced the closing of its newest fund, One Equity Partners VIII, with committed capital of $2.75 billion.
Through the fund, OEP will continue to target equity investments between $30 million and $300 million in healthcare and a few other types of businesses across North America and Europe.
OEP, based…
York Private Equity has announced it has acquired Healthcare Linen Services Group (HLSG).
HLSG, based in St. Charles, Ill., is a provider of healthcare laundry services in the Midwest and Central United States. Founded in 1915, the company operates processing plants across four regional brands — Logan’s Linens, Logan’s Uniform Rental, Superior Health Linens…
Audax Private Equity has announced it has completed a strategic growth investment in Flow Control Holdings.
Flow Control, based in Cincinnati, Ohio, is provider of sanitary flow components to producers of pharmaceuticals and other non-healthcare products. Founded in 2018, Flow Control is the parent company to Steel & O’Brien Manufacturing and Ace Sanitary.
Thomas H. Lee Partners (THL) has announced it will acquire a majority interest in Intelligent Medical Objects (IMO) from Warburg Pincus.
The deal was reported to be worth more than $1.5 billion.
IMO, based in Rosemont, Ill., is a healthcare data enablement company. Founded in 1994, the company states that its suite of software…
