GTCR has announced it has acquired a majority equity stake in Experity.
Experity, based in Machesney Park, Ill., is a provider of SaaS software solutions and technology-enabled services for the urgent care industry. Founded in 2019, the company states it provides electronic medical record, practice management and patient engagement software, revenue cycle management solutions and…
Sheridan Capital Partners and Morgan Stanley Capital Partners (MSCP) have completed a recapitalization of SpendMend, according to a news release.
SpendMend, based in Grand Rapids, Mich., provides tech-enabled solutions intended to optimize the cost cycle. Founded in 1993, the company serves healthcare organizations including hospitals, pharmacies and suppliers.
Through the recapitalization, Morgan Stanley…
Thomas H. Lee Partners (THL) has led a $50 million growth investment in Qventus, according to a news release.
Qventus, based in Mountain View, Calif., is a provider of artificial intelligence (AI)-based software for care operations automation. Founded in 2012, the Qventus platform integrates with EHRs and uses AI and behavioral science to…
Caduceus Capital Partners has announced it has completed an investment in ScriptDrop.
ScriptDrop, based in Columbus, Ohio, is a developer of a prescription delivery platform. The technology allows pharmacies to electronically request delivery on behalf of patients, with the company using a courier network to take prescriptions from the pharmacy to patients.
Caduceus, based in Brentwood,…
424 Capital has announced it has closed a majority investment with MedHQ.
MedHQ, based in Westchester, Ill., is a national provider of human resources and financial management services to healthcare providers. Founded in 2003, the company mainly supports ambulatory surgery centers and physician practices with payroll, tax, benefits, insurance, credentialing and consulting services.
Avista Capital Partners has announced it will acquire Probo Medical from Varsity Healthcare Partners (VHP).
Probo, based in Fishers, Ind., is a supplier of refurbished diagnostic imaging equipment. Founded in 2014, the company’s set of services include equipment sales, part sales, equipment rentals, depot repair service, equipment installation and de-installation, and field-based repair service…
Vesey Street Capital Partners (VSCP) and MD Healthcare Partners (MDHP) are partnering to build a healthcare services platform, according to a news release.
The companies stated that the partnership will seek to acquire and build a multi-site organization aimed at increasing care quality and efficiency while reducing healthcare costs. VSCP and MDHP will each…
Vance Street Capital has announced it has closed its third buyout fund, Vance Street Capital III, with $432.5 million.
The fund exceeded its target of $375 million commitments.
Through the new fund, the firm indicated it will continue to partner with founders, families and management teams of solutions businesses in the medical and life science…
Aldrich Capital Partners has committed to investing $75 million in Compliancy Group, according to a news release.
Compliancy Group, based in Greenlawn, N.Y., is a healthcare compliance software-as-a-service (SaaS) business. Founded in 2005, the company’s solution, The Guard, is intended to help businesses meet HIPAA compliance requirements.
Aldrich Capital Partners, based in Tower…
Broad Sky Partners has acquired Thomas Scientific from The Carlyle Group, according to a news release.
Thomas Scientific, based in Swedesboro, N.J., and founded in 1900, is a provider of supplies to the healthcare, biotech, clinical diagnostics and life sciences industries.
Broad Sky Partners, based in New York City, is a private equity firm…
