Insight

L Catterton-backed dental-implant provider ClearChoice Holdings LLC is on the auction block, according to three sources familiar with the matter. The company is projecting EBITDA for 2017 north of $50 million, two of the sources said. ClearChoice is likely to trade for a mid- to high-double-digit multiple of EBITDA, one added. Goldman Sachs is financial […]

Brett Hinton has left THL Credit, the credit affiliate of Thomas H. Lee Partners, after more than two years. Hinton joined Carlyle Group, spokesman Randall Whitestone said in an emailed response to questions. A spokesman for THL Credit confirmed Hinton had left the firm.  Hinton started at Carlyle on Sept. 5 and is a managing director, Whitestone […]

Riverside Credit Solutions has raised $100 million toward a first close of its debut fund, a source said. The first close is expected in October, the person said. Riverside is expected to complete marketing for the pool in 2018, the source said. Riverside Credit Fund I is seeking to raise $250 million to $500 million for the […]

G&H Orthodontics, the Riverside Co-backed maker of brackets and bands for braces, is approaching a sale, according to three sources familiar with the matter. The anticipated deal for the Franklin, Indiana, orthodontic-supplies company will mark the conclusion of an auction conducted by Piper Jaffray, the sources said. Besides private equity, G&H was likely marketed to large […]

Steve McLaughlin is founder and managing partner of Financial Technology Partners, which says it’s the only investment bank focused exclusively on fintech. Q: How has fintech changed in the past 10 years? It’s changed a lot. Ten years ago, there was a lot of focus on capital-markets technology. Payments technology was just starting to get […]

Jim Momtazee leads the healthcare investment team at KKR, one of the most active buyers in the sector in recent weeks. How has KKR’s healthcare investing strategy evolved over the past five years? The biggest change for us would be the broadening of our focus. The distinction is partly around size. The team is about […]

Avista Capital Partners’ ties to the nonclinical contract-research-services market extend well beyond Envigo International Holdings Inc, which this week was purchased by the healthcare SPAC founded by the firm’s execs. Besides an affiliation with Envigo — which Avista Healthcare Public Acquisition Corp is buying in a deal expected to assign the company an initial enterprise value of […]

The debut fund from Pontifax Agtech, which features David Bonderman as an anchor investor, has so far raised more than $90 million, a source said. The Santa Monica, California, growth firm is seeking $125 million for Pontifax Global Food & Agriculture Technology Fund LP, according to a June SEC filing. Cebile Capital is the placement agent, […]

In the end, Lovell Minnick Partners didn’t need to search far to find its first female dealmaker. Lovell Minnick said Aug. 1 that Roumi Zlateva joined the firm as a vice president. Zlateva was previously a director in the financial-institutions group at UBS Securities. She was also an associate at Oak Hill Capital Partners, as well […]

Lee Equity Partners plans to raise its next fund in 2018, the firm’s founder, Thomas H. Lee, said at Emerging Manager Connect East. Lee also indicated he would move out of the day-to-day mix at some point during the next fund life. “That’s the way of the world,” he noted. “An institution looking at me says, ‘gee, you’re […]