Private Equity Deal Spotlight | Weekly Update

Health care continues to drive private equity (“PE”) activity, creating opportunities for investors and traditional health care providers. Transactions in the health care space are especially complicated, layering health care regulatory and reimbursement considerations on top of a complex securities, antitrust, privacy and security framework.

Hall Render’s PE team of attorneys and advisors leverage the strength and depth of our bench to navigate and efficiently execute PE transactions. The summary below includes highlights of recent PE deals and legislative updates.

• H.I.G. Capital has recently announced that one of its affiliates has made a significant investment in GT Independence. GT Independence is a national leader in long-term home care, assisting people in managing their own home and community-based services by handling the financial, technical and legal aspects of hiring and managing their staff. H.I.G. Capital is a Miami, FL-based PE firm that invests in various sectors, including technology, health care and infrastructure.
• The Carlyle Group has announced its acquisition of Tarrytown Expocare Pharmacy, an Austin, TX-based pharmacy specializing in serving providers of intellectual and developmental disabilities and behavioral health care. Tarrytown Expocare Pharmacy operates a long-term care model supporting providers and caregivers across 36 states and 12 regional pharmacies. Headquartered in Washington, D.C., The Carlyle Group is a global PE firm that manages hundreds of billions of dollars in assets and invests capital across various sectors, including aerospace, technology, health care and consumer goods.
• Vance Street Capital has announced the acquisition of Injectech and the subsequent formation of the VSC Medical Molding platform. This transaction expands VSC Medical Molding’s single-use fluid management solutions offering in the medical device, life science and bioprocessing markets. Headquartered in Los Angeles, CA, Vance Street Capital focuses on investing in companies that provide highly engineered solutions in the medical, industrial and aerospace sectors.
• Sequel Ortho, backed by InTandem Capital Partners, has recently announced a strategic partnership with Fox Valley Orthopedics, a leading orthopedic practice in Illinois. This collaboration is intended to strengthen Sequel Ortho’s presence in the Midwest and provide enhanced operational support and infrastructure. Headquartered in New York City, InTandem Capital Partners is a PE firm that invests in small and mid-sized companies in the health care services sector.

For questions or additional information on private equity matters, please contact: