Insight

A differentiated partnership approach with hospitals has done well for New Harbor Capital-backed PT Solutions, whose Jefferies-run auction has narrowed to a handful of private equity groups, according to people familiar with the matter. The physical-therapy company completed management meetings with nine sponsors by the end of October, sources said. The number of participants has […]

San Francisco PE shop FFL Partners has acquired a majority stake in ProService Hawaii, the state’s largest human-resources-management firm, Buyouts has learned. President and CEO Ben Godsey will retain a minority stake in the business alongside other members of management. Godsey bought ProService in 2005 alongside his partner Dustin Sellars, according to regional media reports. Sellars […]

Mark Burgett, a longtime Wind Point Partners managing director, has left the private equity firm after more than 14 years. Burgett quietly exited Wind Point a couple of months ago, two sources said. Ron Liberman, a Wind Point spokesman, said Burgett left the buyout shop in the “last few months.” He declined to be more specific. Burgett’s LinkedIn profile still […]

Bolder Healthcare Solutions, the healthcare-revenue-cycle-management firm backed by an Edgewater Funds affiliate, is up for sale, according to three sources. William Blair has been hired to advise on a process for the Bolder Capital-backed company, two of the sources said. BHS, Louisville, Kentucky, was created in August 2012, when Bolder Capital partnered with the healthcare-IT entrepreneur Michael […]

Avista Capital Partners is seeking a buyer for Zest Anchors, the maker of overdenture attachments the sponsor scooped up about four years ago, three sources said. Moelis and Credit Suisse are providing financial advice on the auction for the Carlsbad, California, company, one of the sources said. The process remains in its early stages, the […]

Chicago PE shop Linden Capital Partners stands to make more than 3.6x its investment in Young Innovations, according to two sources familiar with the situation. Jordan Co, with offices in New York and Chicago, agreed to acquire a majority stake in the dental supplies company, the firm said this week. Linden, which has owned a […]

The family office launched by former Forest Laboratories executives may be on a path toward more sizable deals as it weighs bringing in third-party capital, according to one of Hildred Capital Partners’ co-founders. Hildred, founded by father and son Howard and David Solomon in 2014, said Monday it would buy a majority stake in Crown Laboratories Inc. […]

The sales process for Premier Home Health Care Services has been withdrawn amid expectations that the home-health company was poised to miss its 2017 earnings projections, four sources said. Premier, which provides primarily non-medical senior home-care services, had tapped JP Morgan Securities to run an auction, Buyouts reported in June. The White Plains, New York, company at […]

Blue Wolf Capital Partners’ North American Rescue, a supplier of tactical medical products, including tourniquets, that save soldiers on the battlefield, is headed to the auction block, according to people familiar with the matter. New York’s Blue Wolf has tapped Cowen & Co to advise on a sales process for the Greer, South Carolina, company, the people […]

General Electric has hired Morgan Stanley to explore selling a group of healthcare-IT assets, according to people familiar with the matter. The process remains in its initial stages, as just last week GE’s new chief, John Flannery, vowed to sell billions of dollars of assets in a restructuring. Marketing materials have already been distributed to some potential […]