Trinity Hunt Partners has acquired Coker Group, a provider of healthcare advisory services. Coker provides performance transformation, transaction advisory, and compliance consulting services to hospitals, physician groups, private equity-backed platforms, and other healthcare providers. Trinity Hunt will use Coker as a platform investment in the healthcare advisory services sector and will support the company through […]
Archives for March 26, 2024
Persistence Takes Neighbourly Private
Persistence Capital Partners (PCP) has closed its take private of publicly traded Neighbourly Pharmacy, a network of independent pharmacies, for C$415 million plus an earnout of up to another $14 million of consideration. Neighbourly Pharmacy (TSX: NBLY) owns and operates a chain of retail pharmacies in Canada. According to the company, it is Canada’s largest […]
New Mountain Sells ILC Dover to Ingersoll Rand
Publicly traded Ingersoll Rand has agreed to acquire ILC Dover, a portfolio company of New Mountain Capital, for $2.3 billion in cash plus an earnout based on 2024 operating results. ILC Dover is a designer and manufacturer of flexible fabric and film protective products used in biopharmaceutical, pharmaceutical, medical device, and space applications. The company […]
Capstone: Middle Market Participants are Optimistic for a Recovery in 2024
Capstone Partners has released its 2023 Middle Market M&A Valuations Index which shows that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition valuations experienced downward pressure. According to Capstone, elevated transaction costs, uncertainty over projected cash flows, and a reserved private equity buyer […]
