Publicly traded Baxter International has agreed to sell its biopharma solutions business to Advent International and Warburg Pincus for $4.25 billion in cash. Baxter’s biopharma solutions business (BPS) provides contract manufacturing services for pharmaceutical and biotechnology companies, and specializes in the aseptic filling of injectable drugs, including vaccines, biologics, and small molecules. BPS also offers […]
Archives for May 9, 2023
Kinderhook Exits Trilogy Home Healthcare
Kinderhook Industries has sold Trilogy Home Healthcare to CenterWell Home Health, a subsidiary of publicly traded Humana. CenterWell provides home health services, including nursing, physical therapy, occupational therapy, speech-language pathology, assistance with daily activities, and social work support. Atlanta-headquartered CenterWell serves more than 350,000 patients each year from 350 locations in 38 states and is […]
SK’s Canlak Coatings Buys Ceramic Industrial Coatings
Canlak Coatings, a portfolio company of SK Capital Partners, has acquired Ceram-Traz (DBA Ceramic Industrial Coatings). Ceramic Industrial Coatings is a manufacturer of custom and proprietary water and solvent-based wood coatings as well as other coatings, adhesives, sealants and elastomers (CASE) products. Ceramic Industrial, led by CEO Rob Laubscher, was founded in 1962 and operates […]
Five Risk Management Techniques to Help PE Firms Navigate the Financial Markets Storm
Increased volatility in financial markets as a result of higher interest rates has revealed fault lines in banks and lenders, sparking concerns about liquidity among a wide range of investors, including private equity fund managers. The unpredictability of financial markets should serve as another reminder for financial sponsors to anticipate new perils and actively manage […]
