Coalition Capital, Warburg Pincus vie for US$1 bil Fullerton Health
Private equity firms Coalition Capital Partners and Warburg Pincus have been shortlisted to buy Singaporean medical services provider Fullerton Healthcare Corp in a deal that could be worth about US$1 billion, according to people with the knowledge of the matter. Binding bids from the US and Southeast Asian buyout firms are expected before the end […]
Blackstone, Carlyle, H&F Near $30 Billion Deal for Medline
A consortium of private equity firms is nearing a deal to buy medical supply company Medline Industries Inc. for more than $30 billion, according to people familiar with the matter, in what would be one of the biggest leveraged buyouts of all time. The group, comprising Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman, is […]
United States: Healthcare & Life Sciences Private Equity Deal Tracker: H.I.G. Capital Invests In Concord USA
H.I.G. Capital has announced it has completed a growth investment in Concord USA. Concord, based in Minneapolis, provides technology consulting and digital services to customers in healthcare and a few other sectors. Founded in 2003, the company offers a suite of solutions within cloud applications and integration, data and analytics, information security, digital and user experience, and advisory […]
Digital health funding hit USD21.6bn in 2020
Investments into the online healthcare sector soared in 2020, supercharged by Covid-19. According to the research data analysed and published by Finaria, the total digital health funding in 2020 amounted to USD21.6 billion. VC funding led with a total of USD14.8 billion across 637 deals, a 66 per cent year-over-year (YoY) uptick. Based on a […]
Vital social care has become the plaything of the super-rich
Mental distress is lining fat cats’ pockets We can, thankfully, talk about 2020 in the past tense. It was a year of death and despair, of tragedy and trauma, of shattered hopes and shrunken horizons. Yet there was at last focus on the forgotten social care sector after its inadequacies, pitiful support and Cinderella status […]