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Jan 21, 2025 | 
ionanalytics.com | Rebecca Wenzel |Deborah Balshem |Dane Hamilton |Carlos Martinez
News (Intelligence) Timing not right for minority recapUnlikely to return to market soonConfluent Health, the Partners Group-backed musculoskeletal health company that was exploring a sale in 2024, ended the process late last year, said three sources familiar with the process.
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Nov 5, 2024 | 
ionanalytics.com | Rebecca Wenzel |Deborah Balshem |Carlos Martinez
News (Intelligence) Proceeds funded distribution to shareholders, doctor partners, and CharlesbankMB2 expects to generate USD 300m EBITDA this yearMB2 Dental, a dental services organization backed by Charlesbank Capital Partners, has pulled its sales process and pursued a dividend recapitalization, according to four sources familiar with the situation.
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Sep 10, 2024 | 
ionanalytics.com | Rebecca Wenzel |Deborah Balshem |Carlos Martinez
Three Oaks Hospice, a Dallas-based provider of hospice and palliative care services, is in the midst of a sale process, according to five sources familiar with the matter. The company is working alongside investment bank Harris Williams, according to four of the sources. The process is in the later stages and is down to a few private equity buyers, three of the sources said. Three Oaks generates between USD 12m and USD 15m EBITDA, according to all the sources. The business was founded in May 2019.
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Aug 21, 2024 | 
ionanalytics.com | Dane Hamilton |Deborah Balshem |Carlos Martinez
H2 Health, a Grant Avenue Capital-backed physical therapy provider, is exploring a sale via Jefferies, according to three sources familiar with the matter. The Jacksonville, Florida-based company is marketing itself off around USD 25m-USD 30m in EBITDA, the sources said. The process is in the early stages, with indications of interest collected this month, two of them added.
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Aug 12, 2024 | 
ionanalytics.com | Jeff Sheban |Rebecca Wenzel |Deborah Balshem |Izaz Ansari
Data Insight Revenue cycle management (RCM) has become one of the brightest stars in the healthcare technology firmament after the USD 7bn bid for R1 RCM [NASDAQ:RCM] from private-equity groups TowerBrook Capital Partners and Clayton, Dubilier & Rice on 1 August.
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Jul 23, 2024 | 
ionanalytics.com | Dane Hamilton |Bhavna Kaul |Deborah Balshem |Carlos Martinez
News (Intelligence) Blue River PetCare, a large veterinary practice and pet hospital group, has appointed Leerink Partners to explore a sale, according to two sources familiar with the situation. Chicago-based Blue River, a portfolio company of Partners Group, generates around USD 100m in adjusted EBITDA, two of the sources and a third source familiar said. The company is expected to launch a process later this year, two of the sources said.
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Jul 15, 2024 | 
ionanalytics.com | Tom Cane |Deborah Balshem |Carlos Martinez
Westminster Pet Products, a developer and marketer of pet treats and products, is in the later stages of a sale process via William Blair, according to three sources familiar with the matter. Cumberland, Rhode Island-based Westminster is owned by AUA Private Equity Partners and has an EBITDA of around USD 12m, the sources said. Second-round bids were collected in early May, according to one of the sources.
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Jun 10, 2024 | 
ionanalytics.com | Mark Andress |Deborah Balshem |Izaz Ansari |Carlos Martinez
Cloud computing platform CoreWeave’s USD 1.6bn offer to acquire bitcoin miner Core Scientific [NASDAQ:CORZ] on 6 June is a taste of the future. Bitcoin miners, say executives, will be targeted by deep-pocketed AI computing giants – not just other competing miners – who want data-center infrastructure with access to low-cost power. Backed by NVIDIA [NASDAQ:NVDA], CoreWeave has raised USD 12bn in equity and debt and last month was reportedly valued at USD 19bn.
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May 2, 2024 | 
ionanalytics.com | Deborah Balshem |Carlos Martinez
News (Intelligence) All Filters, an online retailer of air and water filters, has hired boutique investment bank Montminy & Co. to explore a sale, said Shu Saito, CEO and sole owner. The Salt Lake City-based company should begin sending teasers out later this month, Saito said. This news service reported in March that All Filters was speaking with advisors and aiming to sell this year.
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Apr 29, 2024 | 
ionanalytics.com | Cristiano Dalla Bona |Deborah Balshem |Troy Hooper |Carlos Martinez
Betterment, a New York City-based digital investment advisor, is a viable initial public offering candidate, according to market participants. The company, which has experienced significant growth over the past few years, could launch a transaction in 2025 or 2026, said two advisers and a venture capitalist, who added though they were not aware of any specific appointments for a potential deal.
