Well being care continues to drive non-public fairness (“PE”) exercise, creating alternatives for buyers and conventional well being care suppliers. Transactions within the well being care house are particularly sophisticated, layering well being care regulatory and reimbursement concerns on high of a posh securities, antitrust, privateness and safety framework.
Corridor Render’s PE staff of attorneys and advisors leverage the power and depth of our bench to navigate and effectively execute PE transactions. The abstract beneath contains highlights of latest PE offers and legislative updates.
- Fox Rehabilitation, backed by Blue Wolf Capital Companions, lately acquired the senior dwelling division of Tx:Crew Rehab. Fox is a number one supplier of proactive, clinically wonderful and evidence-based therapy interventions to the older grownup inhabitants, serving 37 states throughout the nation. Tx:Crew Rehab offers bodily and occupational remedy in addition to speech-language pathology to older adults within the Southeast area. Fox will make the most of the acquisition to solidify its geographic footprint. Blue Wolf Capital is a well being care-focused PE agency headquartered in New York Metropolis.
- New Mountain Capital made a strategic funding in SmarterDx, a scientific AI platform that optimizes the discharge course of for hospitals by recording affected person care and lowering gaps in income integrity. SmarterDx plans to make use of New Mountain’s funding to develop complementary options. New Mountain Capital is a PE agency based mostly in New York Metropolis with over $55 billion in property beneath administration.
- Ampersand Capital Companions invested in Lexington Medical, a supplier of minimally invasive surgical stapling options. Lexington Medical designs and manufactures endoscopic stapling units utilized in a wide range of surgical procedures. Ampersand Capital Companions is a well being care-focused PE agency headquartered in Boston, Massachusetts, with $3 billion in property beneath administration.
- Smartlinx, backed by Lone View Capital, acquired StafferLink provides cloud-based software program merchandise designed particularly for well being care services to supply, handle and pay their workforce. Smartlinx offers scheduling and compliance instruments in addition to payroll and workforce analytics for senior care well being suppliers. The partnership will intention to handle staffing shortages in senior care. The deal is financed by Lone View Capital, a Los Angeles, California-based PE agency with $1.1 billion in property beneath administration.
- Performant Capital accomplished a big majority development funding in EyeMD EMR Healthcare Techniques, a supplier of well being care expertise software program designed particularly for ophthalmologists and different eye care suppliers. EyeMD plans to make use of Performant’s funding to deepen its deal with ophthalmology, enhancing innovation and buyer worth. Performant Capital is a technology-focused PE agency based mostly in Chicago, Illinois.
- Reveleer, backed by Oak HC/FT, introduced the acquisition of Novillus, a supplier of care hole administration and supplier engagement options. Reveleer makes use of an AI-driven, value-based care expertise platform to streamline workflows, optimize productiveness and improve care high quality. The acquisition will allow Reveleer to enhance well being outcomes by quicker care hole closure. Oak HC/FT is a PE agency headquartered in Connecticut that focuses on well being care investments.
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