JD Supra: Mergers

SEPTEMBER 23, 2024

On August 31, the last day of its 2024 Legislative Session, the California Legislature approved Assembly Bill 3129 (Wood), which provides for notification to and review by the Attorney General of health care transactions involving private equity groups and hedge funds.

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Private Equity Equities Healthcare Funds 167

JD Supra: Mergers

AUGUST 1, 2024

Over the last decade, private equity firms have acquired healthcare companies, hospitals, and clinics at an increasing rate. In fact, in those ten years, private equity firms have spent roughly $1 trillion on an estimated 8,000 healthcare deals. This trend is only expected to increase through 2024.

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Private Equity Healthcare Equities Portfolio 155

JD Supra: Mergers

AUGUST 1, 2024

At the end of last year, Holland & Knight predicted that "the current enforcement environment will continue into 2024 and will focus heavily on the healthcare industry, along with private equity transactions or 'roll-ups.' 15, 2023.)

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Private Equity Healthcare Equities 167

JD Supra: Mergers

JANUARY 9, 2024

As we begin 2024, we have highlighted the issues and trends that private equity (PE) investors should consider when evaluating transactions in the healthcare sector. W ith various headwinds resulting in down volume in 2023, buyers and sellers alike find themselves asking whether 2024 will see a rebound in deal activity.

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Private Equity Healthcare Equities Funds 196

JD Supra: Mergers

AUGUST 15, 2024

healthcare industry has weathered the storm over the past couple of years, we may be reaching calmer waters in the coming months. private equity investors has reached an all-time high, and with capital on the sideline ready to deploy, pressure to get deals done is on the rise. Although the U.S. Dry powder held by U.S.

Private Equity 172

Private Equity Healthcare Equities M&A 172

JD Supra: Mergers

AUGUST 5, 2024

The Massachusetts legislative session for 2024 has come to a close without the passage of a bill that would have targeted private equity in healthcare.

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Private Equity Healthcare Equities Funds 167

JD Supra: Mergers

AUGUST 15, 2024

California’s Senate Appropriations Committee will hold a hearing on California’s private equity bill, AB 3129, on August 15, 2024. This proposed legislation would expand existing California Attorney General authority to include review and approval authority over most healthcare private equity transactions.

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Private Equity Equities Healthcare 177

JD Supra: Mergers

OCTOBER 2, 2024

3129 (AB 3129), which would have required private equity groups and hedge funds to obtain the Attorney General’s written consent at least 90 days prior to acquisitions or changes of control of certain health care facilities, provider groups, and other providers. On September 28, 2024, Governor Newsom vetoed Assembly Bill No.

Private Equity 167

Private Equity Equities Healthcare Funds 167

JD Supra: Mergers

MAY 22, 2024

McGuireWoods recently held its 20th Annual Healthcare Private Equity and Finance Conference (HCPE Conference) in Chicago. The premier, two-day conference held May 8-9, 2024, provided content-rich programming that explored the economic and legislative environments, approaches for.

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Private Equity Healthcare Finance Finance 161

JD Supra: Mergers

JULY 25, 2024

2871, An Act Enhancing the Health Care Market Review Process (the Bill), to increase oversight of healthcare transactions involving private equity firms, real estate investment trusts, and management services organizations (MSOs). On July 18, 2024, the Massachusetts Senate passed S.

Private Equity 167

Private Equity Healthcare Equities Investment 167

JD Supra: Mergers

AUGUST 13, 2024

A recent wave of state legislation is changing the course of healthcare transactions, and organizations (particularly private equity-backed organizations) that engage in mergers and acquisitions in the healthcare industry should prepare for increased scrutiny. By: BakerHostetler

Private Equity 167

Private Equity Healthcare Equities Mergers and Acquisitions 167

JD Supra: Mergers

JUNE 4, 2024

Private equity sponsors can exhale: A federal court recently stopped the Federal Trade Commission's (FTC) antitrust action that targeted private equity sponsor Welsh, Carson, Anderson & Stowe for the healthcare "roll-up" strategy of its anesthesia practice management portfolio company. Anesthesia Partners, Inc.

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Private Equity Healthcare Equities Portfolio 182

JD Supra: Mergers

SEPTEMBER 5, 2024

AB 3129 would establish a mandatory approval process for a broad range of healthcare-related transactions involving private equity funds and hedge funds, giving the California Attorney General (“CA AG”) broad authority to block or impose restrictions on transactions to protect public interest.

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Private Equity Healthcare Equities Funds 172

JD Supra: Mergers

MARCH 12, 2024

Private equity acquisitions in healthcare will likely face increased scrutiny from multiple federal departments, as well as from state antitrust enforcement officials. By: Mayer Brown

Private Equity 177

Private Equity Healthcare Equities Acquisitions 177

JD Supra: Mergers

MARCH 12, 2024

On March 5, the FTC convened a workshop with regulators, academics and stakeholders to discuss the impact of private equity in the healthcare market. The workshop reflects the FTC and DOJ Antitrust Division’s recent focus on private equity and serial roll-up transactions more broadly as targets for antitrust enforcement.

Private Equity 167

Private Equity Healthcare Equities Acquisitions 167

JD Supra: Mergers

JUNE 12, 2024

Department of Health and Human Services’ (together the “Agencies”) request for information regarding consolidation in healthcare by private equity. Department of Justice, and the U.S. By: Sheppard Mullin Richter & Hampton LLP

Private Equity 167

Private Equity Healthcare Equities Trading 167

Deal Lawyers

MARCH 18, 2024

In early March, the FTC, DOJ & HHS announced a “cross-government public inquiry into private equity and other corporations’ increasing control over health care.”

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Private Equity Healthcare Equities Acquisitions 113

JD Supra: Mergers

AUGUST 29, 2024

Audax Private Equity has announced it will acquire the clinical services business of Avantor (NYSE: AVTR). By: McGuireWoods LLP

Private Equity 149

Private Equity Equities Healthcare Business 149

JD Supra: Mergers

MARCH 15, 2024

From the West Coast Healthcare Desk is an ongoing series of Holland & Knight Healthcare Blog articles and alerts focused on healthcare industry developments and points of interest in the West Coast healthcare marketplace.

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Healthcare Private Equity Equities 172

JD Supra: Mergers

JUNE 3, 2024

California’s AB 3219, which would require private equity firms and hedge funds to obtain prior approval to consummate certain healthcare-related transactions, is now one step closer to becoming law following the State Assembly’s May 22, 2024 passage of the pending legislation.

Private Equity 167

Private Equity Healthcare Equities Funds 167

JD Supra: Mergers

MARCH 8, 2024

A recent government initiative announced on March 5, 2024 signals that more antitrust scrutiny for private equity firms and asset managers is on the horizon. By: Paul Hastings LLP

Private Equity 161

Private Equity Equities Healthcare Asset Management 161

JD Supra: Mergers

JUNE 12, 2024

Episode 7: Exploring the Role of Operating Partners in Private Equity In this episode of BRight Minds in Healthcare Delivery, Donna Cooper joins host Eric Tower for a conversation about her career and how her prior experience has influenced her current role as an operating partner. By: Blank Rome LLP

Private Equity 161

Private Equity Equities Healthcare 161

JD Supra: Mergers

AUGUST 8, 2023

Yet, as this white paper will explain at a granular level, private equity investment in healthcare companies remains a viable and, in some cases, thriving asset class in relation to other target industries. Expect private equity backed healthcare investing to remain active (relative to the field).

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Private Equity Healthcare Equities Investment 130

JD Supra: Mergers

DECEMBER 29, 2023

13, 2023, the White House announced new efforts to lower healthcare and prescription drug costs, issuing a detailed Fact Sheet. Two of the initiatives focus on private equity investments in healthcare. White House and Agency Initiatives - On Dec. By: McGuireWoods LLP

Private Equity 161

Private Equity Healthcare Equities Investment 161

JD Supra: Mergers

AUGUST 23, 2024

NewBold, founded in 1994 and based in Greenville, South Carolina, is a provider of managed technology services to healthcare and other industries. Fort Point Capital has announced its acquisition of NewBold Corp. By: McGuireWoods LLP

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Healthcare Private Equity Equities Capital 149

JD Supra: Mergers

AUGUST 9, 2024

EHE, founded in 1913 and based in New York, is a national network provider of preventive healthcare to employers. Consello Capital has announced its acquisition of EHE Health. By: McGuireWoods LLP

Healthcare 149

Healthcare Private Equity Equities Capital 149

JD Supra: Mergers

JULY 2, 2024

Triton Pacific Healthcare Partners has announced the closing of its sale of BioMatrix Specialty Infusion Pharmacy to Frazier Healthcare Partners. BioMatrix, founded in 2001 and based in Plantation, Florida, is a provider of specialty infusion services in the United States. By: McGuireWoods LLP

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Healthcare Private Equity Equities Sale 149

JD Supra: Mergers

SEPTEMBER 24, 2024

California’s healthcare ecosystem may soon experience significant regulatory changes as Assembly Bill 3129 (AB 3129) heads to Gov. Gavin Newsom's desk for approval. By: Fenwick & West LLP

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Healthcare Private Equity Equities Funds 172

JD Supra: Mergers

JUNE 13, 2024

By: Holland & Knight LLP

Private Equity 161

Private Equity Healthcare Equities Funds 161

JD Supra: Mergers

OCTOBER 3, 2024

Accel-KKR has acquired VisiQuate, according to a news release. VisiQuate, founded in 2009 and based in Santa Rosa, California, is a provider of revenue cycle management and analytics solutions for health systems. By: McGuireWoods LLP

Private Equity 155

Private Equity Healthcare Equities Management 155

JD Supra: Mergers

OCTOBER 3, 2024

3129), which would have required private equity funds and hedge funds to obtain consent before entering into certain healthcare transactions. 3129 into law, certain investments in a healthcare facility, provider, or provider. 28, 2024, Gov. Gavin Newsom vetoed California Assembly Bill 3129 (A.B. Newsom signed A.B.

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Healthcare Investment Private Equity Consulting 161

JD Supra: Mergers

JULY 19, 2023

Armed with anywhere between $2 trillion and $4 trillion of “dry powder”—with about half of that targeted to healthcare—private equity firms have a lot of capital to put to work. One area receiving interest is the ear, nose, and throat (ENT) and allergy field. By: FOCUS Investment Banking

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Private Equity Equities Investment Banking Healthcare 130

JD Supra: Mergers

MARCH 8, 2024

WindRose Health Investors has announced its acquisition of CardioOne. CardioOne, founded in 2023 and based in Houston, is a management services partner and technology platform designed for independent cardiology practices. By: McGuireWoods LLP

Private Equity 265

Private Equity Healthcare Equities Investors 265

JD Supra: Mergers

SEPTEMBER 17, 2024

Investment in the healthcare industry requires careful consideration, as it involves numerous distinct areas of the law. Venable's Private Equity Investment in Healthcare webinar series explores the unique issues and timely developments that shape deals within the industry. By: Venable LLP

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Healthcare Private Equity Equities Investment 177

JD Supra: Mergers

OCTOBER 8, 2024

TPG has purchased a majority stake in Surescripts, according to a news release. By: McGuireWoods LLP

Private Equity 149

Private Equity Healthcare Equities 149

JD Supra: Mergers

MARCH 14, 2024

Frazier Healthcare Partners has announced it has acquired RevSpring from GTCR. RevSpring, founded in 1981 and based in Nashville, is a provider of communication and payment solutions servicing healthcare and financial services companies. By: McGuireWoods LLP

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Healthcare Private Equity Financial Services Equities 149

JD Supra: Mergers

MAY 21, 2024

Earlier this year, Indiana joined a growing number of states by enacting a new notification requirement for certain healthcare transactions.

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