Industries: Health Care

Private Equity Giant to Buy WebMD

Private Equity Giant to Buy WebMD

One of the world’s biggest and the most known private equity firms is buying an online health publisher WebMD Health Corp. The parties announced the deal on Monday evening, stating the deal would be worth around $2.8 billion.   The financials of the deal   Private equity giant KKR will pay $66.50 per share, which is a premium of 20.5% [...]

Stada Says No to Private Equity – For Now

Stada Says No to Private Equity – For Now

German pharmaceutical company Stada revealed on Thursday that it has rejected two competing private equity offers. However, the company is ready to strike a deal and has given both groups time to sweeten their bids.   Stada’s decision   In the official statement, the company said, “The Executive Board and the Supervisory Board Mutually agree that the indicative bids do [...]

PE Firms Compete to Buy CARE Hospitals in India

PE Firms Compete to Buy CARE Hospitals in India

  Private equity firm Advent International announced it is looking to sell its stake in the Indian hospital chain CARE Hospitals, but it looks another private equity firm could take its place. Big firms are set to battle it out for the healthcare business, with negotiations aiming to find a buyer by the end of the month.   The Possible [...]

Abraaj Group’s $1.4bn Funds Shows Strength in African Private Equity

Abraaj Group’s $1.4bn Funds Shows Strength in ...

  Abraaj Group announced big news at the start of the week, as it closed its latest private equity fund. The North Africa focused fund managed to raise $375 million in investments. Together with its previous sub-Saharan focused fund, closed in April, Abraaj Group is set to invest nearly $1.4 billion more in the continent.   The Newest Fund   [...]

Private Equity Firm Warburg Pincus to Participate on Human Genome Program

Private Equity Firm Warburg Pincus to Participate on...

  Private equity firms are used to investing in the healthcare sector, but one US-based firm is now getting involved in the field of human genomics. Private equity firm Warburg Pincus is teaming up with other investors to create a new platform in the field of consumer genomics called Helix.   The Announcement   The new business venture was announced [...]

Private Equity Firm Cinven to Buy Synlab

Private Equity Firm Cinven to Buy Synlab

  Private equity deals in the healthcare sector keep rolling in, as reports on Thursday suggested private equity firm Cinven is buying the German medical laboratory operator Synlab. The firm is merging the German-based company with its recently acquired French company, Labco.   The Details of the Deal   The European private equity firm is buying the laboratory operator for [...]

CVC and Temasek Strike a Deal to Buy a Generic Drugs Firm

CVC and Temasek Strike a Deal to Buy a Generic Drugs...

  The healthcare sector has witnessed some big deals this year, with pharmaceutical companies receiving special attention from private equity firms. Another big deal was announced on Monday, when European private equity fund CVC and Singaporean sovereign wealth fund Temasek announced the purchase of a controlling stake in Alvogen.   The Transaction Details   Robert Wessman, the former chief executive [...]

Ampersand Capital Partners Buys Protein Technologies

Ampersand Capital Partners Buys Protein Technologies

  A US-based private equity firm, Ampersand Capital Partners, announced on Thursday that it has bought Protein Technologies. The private equity firm didn’t announce the financial details of the deal, but the firm has plenty of expertise in investing on the healthcare sector.   The Acquisition Announcement   Protein Technologies company works in the field of peptide synthesis instrumentation and [...]

Digital Health Investment Mounts, M&A Too

Digital Health Investment Mounts, M&A Too

Digital Health is a fairly new VC category that is starting to heat up in the US, with USD 630 million raised in the first quarter, according to data from Rock Health. The segment’s early stage is evident in the predominance of Seed and “Series A” rounds, but M&A in the US is also picking up, which may mean early [...]

Finding PE Gems in the Overheated Healthcare Sector

Finding PE Gems in the Overheated Healthcare Sector

Bain has published a global healthcare report uncovering some of the areas where private equity investors might find deals. As reported earlier this month, PE is being squeezed out of the hot healthcare sector as M&A activity by strategic investors climbs to unprecedented levels. Bain unearthed a group of global top performers, which it described as large but narrowly focused [...]

TPG Capital To Sell Drugmaker Par in an $8.05bn Deal

TPG Capital To Sell Drugmaker Par in an $8.05bn Deal

Private equity firm TPG Capital is set to sell the generic drugmaker company Par to Endo. The Dublin-based pharmacy group’s acquisition of Par will create a top-five global drugmaker in the world in terms of US sales. The deal will be worth $8.05 billion.   The US-based drugmaker currently has a portfolio of around 100 products, which includes oral solids [...]

Private Equity Firms Going After Primary-Care Practises in the US

Private Equity Firms Going After Primary-Care ...

The healthcare industry in the US is going through some changes, as the country is getting used to the new system under the Affordable Healthcare Act. Private equity firms have sensed an opportunity and moved on from buying traditional high-reimbursement medical groups towards companies working in primary-care and managed-care space.   Increase in Deal Numbers A Modern Health report looked [...]

Private Equity Firms Announce Exits in the Healthcare Sector

Private Equity Firms Announce Exits in the ...

Thursday saw two exits by private equity firms from the healthcare sector, as both Brazos Private Equity Partners and Warburg Pincus announced they are selling their stakes in two separate companies. Both deals had been talked about previously, but yesterday saw the announcements of the deals being finalised. The firms managed to make profitable exits, highlighting the opportunities in the [...]

Making the Case for US Healthcare Tech Deals

Making the Case for US Healthcare Tech Deals

Confusing economic signals abound but “conditions continue to be supportive for new company creation” in healthcare technology, according to a venture capital industry insider in Xconomy. The article highlights M&A activity, economic trends, and new breakout opportunities in at least four areas in healthcare.   The regulatory environment and business model shifts are creating opportunities for disruption and cost savings [...]

Private Equity-Backed USPI in a Big Healthcare Deal in the US

Private Equity-Backed USPI in a Big Healthcare Deal ...

One of the largest hospital chains in the US, Tenet Healthcare Corporation, is joining forces with United Surgical Partners International (USPI), which is owned by the private equity firm Welsh Carson Anderson & Stowe. It is a latest attempt by healthcare companies in the US to adjust to the changing scene since healthcare reforms.   The Details of the Deal [...]