Sarah Pringle
The medical communications agency heads to market as several relevant companies recently fielded investment from firms including TPG, Ares Management, Water Street, JLL and GHO Capital.
Charlesbank’s current umbrella of healthcare investments include MB2Dental, MyEyeDoctor and Tecomet.
TPG's investment values the medical communications agency at $760m, sources tell PE Hub, as growth in drug development spurs more demand for the industry's services.
MSD Partners taps co-head of growth while Vista's MindBody buys ClassPass.
Hwang joins from industry Ventures, and has previous experience at Internet Capital Group and Goldman Sachs.
The acquisition takes RAYUS to approximately $140m in EBITDA as it inherits eight new radiology centers and a new subspecialist partnership in South Florida.
PE-backed Eversana nears deal for Intouch while OEP reaps 5x its money on PS Logistics.
The acquisition amplifies the healthcare-focused governance, risk, and compliance SaaS platform's clinical communications and collaboration capabilities.
As part of the transaction, several seasoned industry executives are joining the maker of powersports vehicles' board of directors: Todd Balan, Mark Hanley, Steve Hill and John Larson.
The PE-backed CDMO grows its mix of work as it gains significant capabilities in lyophilization, an important manufacturing process commonly used in the fast-growing biologics market.