Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. January 20, 2021

Digital Health Startup Hims & Hers Goes Public In $1.6B SPAC Deal

The three-year-old company is exploring partnerships with health systems and health insurers as it looks to increase its footprint in the U.S. and abroad.
Read by 31% of LPs January 19, 2021

A Look At The Booming Biotech Sector

In Europe, the biotechnology and healthcare sector accounted for 20% of overall private equity investment in the first half of 2020, according to recent data.
Read by 77% of LPs January 08, 2021

Stark Law And Anti-kickback Statute Reform: Six Key Insights For Private Equity Healthcare Affiliations | Mcguirewoods Llp

Two new healthcare fraud and abuse final rules, effective Jan. 19, 2021, may increase flexibility for private equity firms exploring opportunities in the healthcare space as well as private equity-backed healthcare platforms as they consider transactions, investment/alignment opportunities, patient engagement approaches and other business opportunities....By: McGuireWoods LLP.
Read by 32% of LPs January 07, 2021

Transformation Capital Launches $500M Digital Health Fund To Support Entrepreneurs Transforming Healthcare

BOSTON, Jan. 7, 2021 /PRNewswire/ -- Transformation Capital Partners, L.P. ("Transformation Capital") today announced the launch of its oversubscribed growth equity fund, Transformation Capital Fund II, L.P. ("TCF II"), which has $500 million in limited partner capital commitments and is...
Read by 64% of LPs January 05, 2021

Healthcare & Life Sciences Private Equity Deal Tracker: H.i.g. Capital Acquires Crothall Laundry Services | Mcguirewoods Llp

H.I.G. Capital has announced it has completed its acquisition of Crothall Laundry Services....By: McGuireWoods LLP. : Crothall Laundry Services is a provider of outsourced laundry and linen management services to the healthcare and hospitality markets. Founded in 1991, the company is formerly a Compass Group subsidiary. H.I.G. Capital, based in Miami, pursues a wide range of investments in healthcare and many other industries. Founded in 1993, the firm has flexibility on investment size, including interest in pre-EBITDA businesses. Within healthcare, the firm targets companies in the provider services, hospital/major facilities and life sciences/pharmaceutical industries.
Read by 51% of LPs January 05, 2021

Seattle Healthcare Worker-training Startup Nextstep Raises $2.5M To Fund Continued Growth

NextStep, a Seattle startup which uses its technology platform to retrain displaced workers for roles in the healthcare industry, has raised $2.5 million in new funding. The company, founded in 2018 and spun out of Seattle's Pioneer Square Labs, integrates app-based and in-person skills practice to train people to become certified nursing assistants (CNAs), which it calls the largest healthcare role in the United States. NextStep is growing in Colorado, a pilot state for the startup, where it already trains and places new CNAs at more than 70 facilities run by its employer partners.
Read by 64% of LPs December 30, 2020

Flagship Healthcare Properties Announces New Leadership And Investment In Its Reit

CHARLOTTE, N.C., Dec. 30, 2020 /PRNewswire/ -- Nelson Schwab has been appointed non-executive Chairman of the Board of Directors of Flagship Healthcare Trust, Inc., a private real estate investment trust (REIT) managed by Flagship Healthcare Properties, LLC (Flagship). In addition, J. Brannen Edge III has been appointed the REIT's new chief executive officer. Flagship also announced that TriPost Capital Partners, a real estate private equity firm with representation on Flagship's board, has made an additional $20 million investment in the REIT. TriPost made its initial investment in Flagship in 2018.
Read by 45% of LPs December 30, 2020

Private Equity Sees Robust Markets In Healthcare

With American hospitals once again at the breaking point amidst the largest surge in Covid-19 cases yet, private equity players in the healthcare space are looking for resilience and continuity in 2021.
Read by 47% of LPs December 29, 2020

Tencent Backs Chinese Healthcare Portal Dxy In $500M Round - Techcrunch

DXY, a 20-year-old online healthcare community for Chinese consumers and healthcare organizations like Pfizer, announced this week that it has raised $500 million in a new round led by private equity firm Trustbridge Partners. Existing backer Tencent and Hillhouse Capital also participated in the round, which lifted the firm's total funding to over $660 million [...]
Read by 75% of LPs December 28, 2020

Trustbridge Partners Leads $500M Round In Digital Healthcare Firm Dingxiangyuan - China Money Network

Dingxiangyuan, a Chinese domestic digital healthcare technology company, announced the completion of a US$500 million financing. This financing was led by Trustbridge Partners, participated by Tencent and Hillhouse Ventures. At the beginning of its establishment in 2000, Dingxiangyuan mainly provided document retrieval and academic exchange platforms for doctors and medical students. Since 2006, Dingxiangyuan began [...] Trustbridge Partners Leads $500 Million Round In Digital Healthcare Firm Dingxiangyuan comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.
Read by 50% of LPs