Private equity pushes into healthcare: 11 latest deals – Becker's Hospital Review


deals in the healthcare industry in 2018, and the healthcare sector continues to draw private equity investors.

Here are 11 private equity deals announced in the past month:

1. H.I.G. Capital acquired Taconic Biosciences, a Rensselaer, N.Y.-based provider of research models and services to the pharmaceutical, biotechnology and academic research industries.

2. Francisco Partners acquired Qualcomm Life, a San Diego-based provider of medical device connectivity solutions.

3. Veritas Capital and Elliott Management acquired athenahealth, a Watertown, Mass.-based healthcare software company.

4. HealthDrive, a portfolio company of Bain Capital, agreed to buy New England Geriatrics, a West Springfield, Mass.-based psychiatric care provider.

5. An investor group that includes Bain Capital, Summit Partners and Revelstoke Capital Partners agreed to acquire U.S. Renal Care, a Plano, Texas-based provider of dialysis services.

6. Symplr, a portfolio company of Clearlake Capital, agreed to buy API Healthcare, a Hartford, Wis.-based provider of healthcare human capital management software.

7. Water Street Healthcare Partners invested in Pathnostics, an Irvine, Calif.-based provider of diagnostic tests and services across a range of areas, including urology, women’s health, gastroenterology and cancer.

8. Behrman Capital invested in The Emmes Corp., a Rockville, Md.-based contract research organization that develops treatments for diseases and medical disorders.

9. New Heritage Capital invested in Rhythmlink International, a Columbia, S.C.-based manufacturer of disposable neurodiagnostic devices and consumables.

10. KKR acquired BrightSpring Health Services, a Louisville, Ky.-based provider of home and community-based health services.

11. ProPharma Group, a portfolio company of Linden Capital Partners, acquired Southwood Research, a U.K.-based provider of preapproval regulatory science services to the pharmaceutical and biotech industries.

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