Private equity pushes into healthcare: 7 latest deals

There were more than 700 private equity deals in the healthcare industry in 2018, and the healthcare sector continues to draw private equity investors.

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

1. Brighton Park Capital acquired a majority stake in Relatient, a Franklin, Tenn.-based provider of patient engagement software.

2. Leonard Green & Partners, in partnership with Arsenal Capital Partners and Novo Holdings, agreed to terms on a recapitalization of WCG, a Princeton, N.J.-based provider of clinical trial optimization solutions.

3. Clayton, Dubilier & Rice agreed to acquire Cynosure, a Westford, Mass.-based maker of medical aesthetics systems and technologies.

4. NextGen Growth Partners invested in Record Connect, a Saginaw, Mich.-based provider of release of information services for hospitals, clinics and physician offices.

5. DirectMed, which is owned by Mercury Partners, acquired Medical Systems Technologies, a Longmont, Colo.-based company that repairs and tests MRI and computed tomography components.

6. Kinderhook Industries acquired majority stakes in Long's Drugs and PharMedQuest Pharmacy Services, which provide on-site and central fill pharmacy services to healthcare facilities that focus on indigent and underserved populations.

7. Permira acquired Cambrex Corp., an East Rutherford, N.J.-based life sciences company that provides products and services for small molecule active pharmaceutical ingredients.

More articles on healthcare finance:

Mayo Clinic Health System to close hospital in 2020
12 latest hospital credit rating downgrades
Dignity Health's class-action settlement actually worth $700M, workers say

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