Sarah Pringle
Kinnser Software, the Austin, Texas, provider of online-home-health software backed by Insight Venture Partners and Georgian Partners, is exploring a potential sale, according to sources. William Blair is said to have scored the mandate to sell the company, two sources familiar with Kinnser said. One source said pitchbooks for the company published in March. Both sources […]
Size and differentiation are huge advantages in frothy market Blackstone most active Q1 sponsor, strikes largest U.S.-based deal Deal activity slows as PPMs reach records First-quarter sponsor-led deal flow illustrated that differentiation is more important than ever, as the pool of buyers chasing quality assets continues to expand and valuations remain at record levels. “In […]
McBee Associates, the privately held consulting firm serving home-health providers and hospital systems, is on the auction block, according to two sources. Investment-advisory boutique TripleTree has the mandate to sell McBee, the sources said, agreeing that the most likely outcome of the process is a sale to private equity. McBee ought to attract PE interest […]
Quantum Health, the Altaris–Capital–Partners– and GE–Ventures-backed patient-care-coordination provider, is working with William Blair to explore a potential transaction, two sources told Buyouts. The most likely outcome of the process is a recapitalization by private equity, the sources said. Update: A spokeswoman for Quantum Health in an email confirmed to Buyouts that the firm “is exploring […]
There’s no shortage of dealmakers, sponsors or strategic buyers thinking about what’s on the horizon for Advisory Board Co, the publicly traded healthcare and higher-education consulting company navigating strategic alternatives. After activist pressure from Paul Singer’s Elliott Management hedge fund, the roughly $1.8 billion market-cap company said Feb. 6 that the board had kicked off a strategic […]
Levine Leichtman capitalized on the growing preference among seniors to stay in their homes. During the Los Angeles firm’s four-year investment in Senior Helpers, a franchiser of in-home companion care and personal care to patients suffering from diseases like dementia, the portfolio company saw organic EBITDA growth of about 250 percent. Top-line growth also accelerated, with […]
The healthcare-staffing universe has benefited from positive growth trends over the past few years as the total insured market expanded under the Affordable Care Act. Despite uncertainty around future healthcare reform, the continued nursing shortage is likely to bode well for folks like Beecken Petty O’Keefe & Co. and Heritage Group. The pair of investors are said to be […]
Parthenon Capital Partners is inching toward the sale of yet another portfolio company, three people familiar with the process told Buyouts. The growth-oriented private equity firm is approaching the conclusion of what was said to be a sponsor-driven sales process for Bracket Global, the provider of technology-driven clinical-trial-support services that it bought from pharmacy-benefit manager Express […]
The private equity community will continue to flock to healthcare regardless of how the Affordable Care Act is modified or whether it is replaced, several sources told Buyouts. But as the House debates Speaker Paul Ryan’s recently introduced American Health Care Act, experts say the proposed changes to Obamacare, if passed, would create even more opportunity […]
Altasciences Clinical Research and QPS Holdings, two private-equity-backed pharmaceutical-services companies focused on early-phase drug development, are exploring potential sales, according to sources. Wells Fargo has the mandate to sell Argentum Group’s QPS, three sources said. Two said Kilmer Capital Partners’ Altasciences is the midst of its own process via middle-market investment firm Fairmount Partners. QPS was said to be on […]