Well being care continues to drive personal fairness (“PE”) exercise, creating alternatives for buyers and conventional well being care suppliers. Transactions within the well being care area are particularly sophisticated, layering well being care regulatory and reimbursement concerns on high of a fancy securities, antitrust, privateness and safety framework.
Corridor Render’s PE group of attorneys and advisors leverage the power and depth of our bench to navigate and effectively execute PE transactions. The abstract under contains highlights of current PE offers and legislative updates.
- Revelstoke Capital Companions, a well being care-focused PE agency, accomplished a strategic funding in Omega Methods. Omega Methods delivers a complete suite of managed IT and cybersecurity, compliance and cloud companies, offering essential help to clients inside extremely regulated sectors, together with well being care. Revelstoke plans to develop Omega’s present infrastructure and make additional investments to speed up natural and inorganic development. Revelstoke Capital Companions is a Denver-based agency that focuses on rising corporations within the well being care companies and expertise industries with roughly $5.2 billion in property below administration.
- InTandem Capital Companions introduced a strategic funding in Healthfuse, an business chief in income cycle vendor administration. Healthfuse makes use of proprietary expertise, analytics and analysis to assist shoppers optimize collections whereas decreasing prices. InTandem Capital Companions is a New York-based PE agency with operations targeted within the well being care business.
- DirectMed Imaging, backed by Frazier Healthcare Companions, acquired Richardson Healthcare’s operations in Fort Mill, South Carolina. DirectMed is an aftermarket provider of medical imaging expertise and coaching. The transaction will end in DirectMed turning into the unique world distributor of sure varieties of CT elements and X-ray tubes manufactured and repaired by Richardson Healthcare. Frazier Healthcare Companions is a well being care-focused PE agency headquartered in Seattle, Washington, that has raised greater than $11 billion in capital over 33 years.
- New Mountain Capital introduced the acquisition of Machinify, Inc., a supplier of synthetic intelligence-powered software program that optimizes well being care funds. Machinify’s cloud-based information intelligence platform allows synthetic intelligence functions to enhance the effectivity and accuracy of well being care fee infrastructure. New Mountain is combining Machinify with three different corporations to type a brand new entity designed to mitigate the complexities of well being care funds. New Mountain Capital is a PE agency primarily based in New York Metropolis, with roughly $55 billion in property below administration.
In case you have any questions or would really like extra info, please contact:
Corridor Render weblog posts and articles are meant for informational functions solely. For moral causes, Corridor Render attorneys can’t—outdoors of an attorney-client relationship—reply particular questions that may be authorized recommendation.