Private equity pushes into healthcare: 6 latest deals

Healthcare-related private equity activity broke records in 2017, and the healthcare sector continues to draw private equity investors.

Here are six private equity deals announced in the past two weeks:

1. General Atlantic invested $150 million in Asia Medical, a Chinese healthcare services provider and hospital operator specializing in heart surgery and cardiology.

2. Quad-C Management acquired NJRetina, which specializes in diagnosing and treating medical and surgical conditions of the vitreous and retina. NJRetina has 16 locations in New Jersey.

3. Thompson Street Capital Partners acquired Seattle-based LifeSpan Biosciences, a developer of antibodies and reagents for the academic and pharmaceutical research markets.

4. General Atlantic agreed to invest $200 million in Nashville, Tenn.-based OneOncology, a startup that aims to manage independent cancer treatment clinics.

5. H.I.G. Capital acquired Plano, Texas-based Reliant Rehabilitation, a provider of therapy services to skilled nursing facilities.

6. Varsity Healthcare Partners completed a joint recapitalization transaction and growth capital partnership with Professional Emergency Medicine Management and Professional Emergency Physicians Associates, both providers of emergency medicine and emergency department management services to hospitals across Louisiana.

More articles on healthcare finance:

Quorum closes Tennessee hospital
MU Health Care's annual revenue hits $1B for first time
10 hospital bankruptcies in 2018


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