Investors who do not have a strong team of advisors often flounder, rushing into states without having accounted for the regulatory reality in designing their business strategy and modeling outcomes. Bill Vrattos. Based in New York, the firm targets companies within healthcare and insurance services, primarily those with $5 million to $15 million EBITDA. Companies within its portfolio include EMSI, an outsourced service provider of medical information, risk adjustment and comprehensive investigative services to insurance companies, health insurers and employers; Himagine Solutions, a provider of health information management services, including medical coding, coding audit, registry management and clinical documentation solutions; and Spectrum Professional Services, a provider of outsourced and managed rehabilitation therapy services. Sutter Health (116) New York Institute of Technology (104) Valera Health (99) RxBenefits, Inc. (95) Baystate Health (65) The Carlyle Group (55) At McGuireWoods, we deliver quality work, personalized service, and exceptional value. Companies in its portfolio include Flow Polymers, a manufacturer of chemical dispersions, process aids and homogenizing agents for pharmaceutical and other markets. Based in San Francisco, the firm focuses exclusively on healthcare, seeking opportunities in areas including hospitals, physicians, managed care, pharmaceutical developers, device makers and consumer products and services. Nova Bright Capital Based in Chicago and founded in 2011, Nova Bright pursues a variety of investment opportunities in the middle market. $150,000 - $300,000 a year. To recommend a firm to be profiled in a future column or request a change to a profile, please email awalsh@mcguirewoods.com or fill out the form here. Active healthcare companies in its portfolio include Surgery Partners, which acquires, develops and manages freestanding ambulatory surgical centers in partnership with physicians; Clarus Therapeutics, a biopharmaceutical company focused on the development and commercialization of androgen-based prescription drug products; Soleo Health, a pharmacy provider of intravenous and injectable medications for patients with chronic disorders; and TLC Vision, a national eye care services company. The other side to that sword is that, in the absence of focused attention, reverse distributors have become subject to a patchwork of overlapping federal and state regulations. The EyeSouth transaction was valued at roughly $2 billion, making it the largest sponsor-to-sponsor deal of the fourth quarter, the report said. Based in Boston, the firm seeks to invest $15 million to $75 million in healthcare and technology companies with growth greater than 20% and scale greater than $10 million in revenue. WebBelow is a list of private equity healthcare buyouts and add-on acquisitions completed or announced during October 2022. Zalmie Jacobs. New York. One case currently being litigated before the U.S. District Court for the Southern District of New York, Chartwell RX, LLC vs. Inmar Inc., illustrates that drug More information about MTS Health is available at www.mtshealthinvestors.com. With U.S. operations based in Boston, the firm targets companies in healthcare and several other sectors. For that reason, we continue to see robust interest in the traditionally dominant provider and pharmacy sectors. Current investments include NDC, a distributor of medical supplies; Physical Rehabilitation Network, a physical therapy clinic platform in the western United States; and Hero DVO, a provider of healthcare practice management services for dental, orthodontic and vision practices. Said differently, compliance is not a limit on business; rather, it is the game board that enables better businesses to beat inferior ones. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. Pouschine Cook Capital Management Founded in 1999, Pouschine Cook invests in private middle-market companies. CCP's strategy is to deliver more than just capital to management teams by leveraging its relationships and resources to drive internal growth initiatives, operational improvements, and mergers & acquisitions. Platforms that are actively consolidating in the state include Leon Capital Groups Specialty Dental Brands and Spectrum Vision Partners, backed by Blue Sea Capital, she said. CCP deeply values these partnerships and believes that strong operators with aligned incentives are the backbone of a successful investment strategy. Companies within EDGs portfolio include DiabetesAmerica, a health center and management program for individuals with diabetes; FirstCall Ambulance Service, a provider of scheduled, non-emergency ambulance and medical transport services; MMIS, a provider of cloud-based SaaS solutions for pharmaceutical, medical device and bio-pharmaceutical companies; and Peak Health Solutions, a health information management services company providing solutions in the areas of coding, compliance and CDI. More information about Sterling is available at www.sterlingpartners.com. Boyne Capital Partners Founded in 2006 and based in Miami, Boyne is flexible on its investment size in the lower to middle market. You also have the option to opt-out of these cookies. Web19th Annual Healthcare Private Equity and Finance Conference March 1-2, 2023 The Ritz-Carlton Chicago 160 East Pearson Street at Water Tower Place Chicago, IL 60611 We seek to build market-leading companies that deliver innovation and efficiency to the healthcare system, with the ultimate goal of improving access and outcomes for patients. Included in its portfolio is Jefferson Dental Clinics, a network of over 40 clinics in the Dallas/Fort Worth and Houston, Texas, metro areas, and Bright Now! Ex-ABC News anchor Amy Robach and actor Andrew Shue offload West Village co-op. If both deals are completed, ReGen would control 43% of Genesiss shares. By clicking Accept, you consent to the use of ALL the cookies. Managing Director, Chief Compliance Officer for the Americas and Legal Counsel. More information about Altaris is available at www.altariscap.com. With 1,100 lawyers and 21 strategically located offices worldwide, McGuireWoods uses client-focused teams to serve public, private, government, and nonprofit clients from many industries, including automotive, energy resources, healthcare, technology, and transportation. Business & Financial Services and Healthcare Services. Ira also serves as the general counsel for the Healthcare Private Equity Association (HCPEA). Companies in its portfolio include Press Ganey, a provider of patient satisfaction surveys, management reports and databases for health providers; United Surgical Partners International, a manager and developer of acute-care hospitals and surgery centers; and MedOptions, a provider of post-acute behavioral health services. In the Chartwell lawsuit, Chartwell (a manufacturer) alleges that Inmar, a reverse distributor, did not strictly comply with some of its return policy terms, such as including the product expiration dates on return submissions. For more information and to learn how you can change your cookie settings, please see our policy. Gemini Investors Founded in 1993 and based in Wellesley, Mass., Gemini focuses on investments in the lower end of the middle market. Herv DESCAZEAUX. The cookie is set by the GDPR Cookie Consent plugin to store whether or not the user has consented to the use of cookies. Companies in its portfolio include StateServ, a provider of durable medical equipment services to hospices; Great Lakes Caring, a provider of home health and hospice care serving the Midwest and Northeastern United States; and ModernMD, a provider of urgent care services. Healthcare companies in its portfolio include IMS, a provider of outsourced hospitalist physicians programs to acute care facilities and community primary care physicians throughout Northern Ohio, and Resonetics, which provides laser micromachining manufacturing services for medical device and diagnostic companies. (212) 210-0100, Therapy startup Headway reaches unicorn status, Black female founders advise how to beat theventure-capital odds. WebPosted 3:17:19 PM. VSCP is a private equity firm with substantial and differentiated expertise, specializing in buyouts of lower middle-market healthcare services businesses. Within healthcare, the firm pursues investments in the provider services, life sciences/pharmaceutical industry, hospitals and other major facilities, and companies that live in the healthcare sector but do not have direct reimbursement risk. Sponsored Content: What does the much-debated Penn Station Redevelopment Project herald for New York? Current companies in its portfolio include Smile Source, a network of over 350 independent dental practices in the United States. Companies in its portfolio include Access, a provider of records and information management services and Netsmart, a human services and integrated care technology provider. Avista Capital Partners Founded in 2005, Avista makes middle market control buyout investments. Founded in 2012 by successful healthcare innovators with a longstanding commitment to improving the lives of patients. WebVSCP is a private equity firm with substantial and differentiated expertise, specializing in buyouts of lower middle-market healthcare services businesses. Great Hill Partners Founded in 1998, Great Hill seeks to invest in middle-market companies in several sectors, including healthcare technology. More information about BelHealth is available at www.belhealth.com. Attorney Advertising. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. They are opportunities. More information about Prairie is available at www.prairie-capital.com. SBJ also invests in consumer and business services companies. Dental, a member of the Smile Brands network of affiliated dental offices with nearly 400 locations throughout 17 states. That puts some pressure on your cash flows.. Based in Reston, Va., the firm specializes in the healthcare services industry. Rising labor costs resulting from inflation, especially in low-skilled labor positions, have been a large contributor to the drop in deals, Springer said. More information about Elm Creek is available at www.elmcreekpartners.com. New York. 1370 6th Ave 33rd floor,New York, NY 10019, USA. The slowdown in deals during the quarter, Kaplan said, spotlights one of the largest challenges to health care services in recent months: rising labor costs. We strive to help our partner companies expand into new geographies and service lines and grow through strategic acquisitions. Brian Brennan. Blue Wolf Capital Partners Founded in 2005, Blue Wolf seeks control investments in middle-market companies. Private equity's purchases of healthcare divestitures are expected to continue in 2019 as the sector looks to invest the cash it has raised, a reported $624 More information about Guidon is available at www.guidonpartners.com. Posted: February 28, 2023. Companies in its portfolio include Performance Health, a specialty distributor of rehabilitation supplies and equipment; Physicians Endoscopy, a developer, owner and manager of endoscopic surgery centers; and DuPage Medical Group, an independent, multi-specialty physician group. Consonance Capital Partners (CCP) is a private equity manager focused exclusively on investing in the healthcare industry. Necessary cookies are absolutely essential for the website to function properly. Silversmith Capital Partners Founded in 2015, Silversmith is a growth equity firm. The firm targets companies with revenue up to $100 million, and considers a variety of investments within the lower middle market. Hiring multiple Please check it out! ReGen Healthcare LLC, a new private-equity-backed firm, has agreed to invest $50 million in Genesis, with the possibility of investing $25 million more by April 15. Guidon Partners Founded in 2014, Guidon makes co-investments in growth companies and management buyouts. One case currently being litigated before the U.S. District Court for the Southern District of New York, Chartwell RX, LLC vs. Inmar Inc., illustrates that drug manufacturers are not afraid to play hardball with technical requirements in their return policies.