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 difficult, layering well being care regulatory and reimbursement issues on prime of a fancy securities, antitrust, privateness and safety framework.
Corridor Render’s PE staff of attorneys and advisors leverage the energy and depth of our bench to navigate and effectively execute PE transactions. The abstract beneath consists of highlights of latest PE offers and legislative updates.
- Cresso Well being, backed by Cypress Ridge Capital, just lately introduced the acquisition of GPS Insurance coverage. GPS Insurance coverage is a Florida-based distributor of medical health insurance and associated merchandise. Cresso Well being is a member acquisition and enrollment platform centered completely on the person well being plan market. Cresso Well being will leverage the acquisition to reinforce the corporate’s market presence and additional set up itself as a frontrunner in insurance coverage distribution. Cypress Ridge Capital is a PE agency headquartered in New York, New York, specializing completely in well being care investments.
- Accord Asset Companions, in partnership with Paras Capital, just lately introduced the acquisition of WestStar Bodily Remedy Community. WestStar Bodily Remedy Community, primarily based in Southern California, makes a speciality of offering bodily remedy providers for sufferers coping with employees’ compensation and car accidents. This acquisition will permit WestStar Bodily Remedy Community to increase its operations all through the area and into new states. Accord Asset Companions is a PE agency headquartered in San Diego, California, primarily investing within the well being care sector. Paras Capital is a PE agency headquartered in Boston, Massachusetts, and can be centered largely on well being care investments.
- CareCentrix just lately introduced that it’s going to function as a personal, standalone firm following its acquisition by Sycamore Companions. CareCentrix makes a speciality of offering in-home care options to payors and employers, making certain that their members and staff obtain well timed and acceptable dwelling care. Sycamore Companions is a PE agency primarily based in New York, New York. The agency focuses its investments in shopper items, distribution and retail, with roughly $11 billion in dedicated capital since opening in 2011. Sycamore Companions collaborates with administration groups throughout the USA to reinforce the working profitability and strategic worth of their companies.
- OrthoNOW just lately introduced a partnership with Redwood Progress Companions. The partnership goals to speed up the expansion of OrthoNOW by concentrating on further clinic acquisitions and establishing itself as a statewide supplier of orthopedic ache and damage care. Based in 2011 by orthopedic surgeon Dr. Alejandro Badia, OrthoNow is an orthopedic pressing care community primarily based in South Florida. OrthoNOW at present operates clinics in Doral and on Biscayne Boulevard, with plans to open a brand new location within the South Miami area. Redwood Progress Companions makes a speciality of partnering with middle-market outpatient suppliers to attain sustainable progress that exceeds market averages.
For questions or further data on personal fairness issues, please contact:
Corridor Render weblog posts and articles are meant for informational functions solely. For moral causes, Corridor Render attorneys can not—outdoors of an attorney-client relationship—reply particular questions that may be authorized recommendation.