There were more than 700 private equity deals in the healthcare industry in 2018. The healthcare sector continued to draw private equity investors last year, and activity is off to a strong start in 2020.
Here are six private equity deals announced in the past month:
1. Kriya Capital acquired Medstat Accounts Receivables Management, a Mesa, Ariz.-based provider of revenue cycle services for medical professionals.
2. Gryphon Investors signed a definitive agreement to invest in Pacur, an Oshkosh, Wis.-based supplier of specialty plastic packaging materials for the medical device industry.
3. Stada, a drugmaker owned by Cinven and Bain Capital, agreed to acquire 15 healthcare brands from GlaxoSmithKline.
4. Water Street Healthcare Partners signed a definitive agreement to invest in Solvias, an independent pharmaceutical lab based in Switzerland.
5. Francisco Partners signed a definitive agreement to acquire Smith Technologies, a Spartanburg, S.C.-based developer of community pharmacy and long-term care technology.
6. RevSpring, a portfolio company of GTCR, acquired Loyale Healthcare, a Lafayette, Calif.-based provider of patient financial engagement software.