Blackstone Announces Strategic Investment in Life Science Logistics

Blackstone (NYSE: BX) announced today that funds managed by Blackstone Tactical Opportunities (“Blackstone”) have entered into a definitive agreement to make a significant, strategic investment in Life Science Logistics (“LSL” or the “Company”), a leading, national provider of healthcare supply chain solutions. The investment is intended to help accelerate LSL’s continued expansion within the fast-growing […]

Babylon goes public in the US and secures investment from Palantir

UK digital health provider Babylon has announced plans to become a public company following a $4.2bn (£2.9bn) merger. The company has entered into a definitive merger agreement with special purpose acquisition company Alkuri Global. US big data company Palantir has also taken a strategic stake in Babylon. Following the merger the combined company will operate […]

H.I.G. Capital Completes Strategic Investment into eHealth

eHealth CEO

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, is pleased to announce that an affiliate has completed a $225 million strategic minority investment into eHealth, Inc. (“eHealth” or the “Company”) in the form of convertible preferred stock. Scott Flanders, Chief Executive Officer of eHealth commented, “We […]

Private equity sees robust markets in healthcare

A Bass Berry & Sims-hosted panel looks back at 2020 and forward to 2021. With American hospitals once again at the breaking point amidst the largest surge in Covid-19 cases yet, private equity players in the healthcare space are looking for resilience and continuity in 2021. That’s according to industry observers at a recent webinar […]