An affiliate of Peak Rock Capital will acquire HuFriedyGroup, according to a news release. The transaction is valued at $787.5 million, according to industry reports. HuFriedyGroup is the dental segment of STERIS. Founded in 1908 and based in Chicago, HuFriedyGroup is a manufacturer of instruments, infection prevention products, instrument management systems and conscious sedation products for the dental industry. Its brands include Hu-Friedy, Crosstex, Omnia, and Accutron. Peak Rock, based in Austin, Texas, is middle market private equity firm that makes equity and debt investments. The firm ..read more

Serent Capital has made a growth investment in Traumasoft, according to a news release. Traumasoft, founded in 2006 and based in Portage, Michigan, is a provider of cloud-based software for private emergency medical services (EMS) agencies and healthcare organizations. Serent Capital, with offices in San Francisco and Austin, Texas, is a lower middle market private equity firm focused on investing in high-growth service and technology businesses. Founded in 2008, the firm typically commits $20 million to $200 million in equity in an investment in companies generating revenue from $5 million to ..read more

Behrman Capital has announced the acquisition of Vista Apex. Vista Apex, founded in 1997 and based in Racine, Wisconsin, is a manufacturer of consumable dental products for preventative oral hygiene, endodontics and restorative dentistry. Behrman, founded in 1991 and based in New York, seeks to make control investments in middle market North American companies. The firm focuses on investing in healthcare and a few other sectors. Terms of the acquisition were not disclosed ..read more

Vista Equity Partners will acquire Model N (NYSE: MODN) for approximately $1.25 billion, according to a news release. Model N, founded in 1999 and based in San Mateo, Calif., is a provider of revenue optimization and compliance software for the life sciences and technology industries. Vista Equity Partners, founded in 2000 and based in Austin, Texas, focuses its PE strategy on investing in enterprise software companies. Under the terms of the agreement, Vista will acquire all the outstanding shares of Model N common stock for $30 per share. The acquisition is expected to close in mid-2024 ..read more

PPM deals are one of the hottest trends in the transaction environment with healthcare professionals. On this episode of The Corner Series, McGuireWoods’ Geoff Cockrell is joined by fellow partner and chair of the firm’s Healthcare Department, Holly Buckley, along with Justin Chamblee, president of the Coker Group, a healthcare consulting firm that advises leading healthcare organizations on financial, transactional and operational solutions. Tune in to hear Geoff, Holly and Justin discuss physician compensation in the PPM context, including provider compensation ..read more

SK Capital Partners has announced the closing of its latest fund with $2.95 billion in commitments. The new fund, SK Capital Partners VI, was oversubscribed. SK Capital Partners, based in New York, is a private equity firm focused on the life sciences and a few other sectors. The firm typically pursues control buyouts, recapitalizations and growth equity investments ..read more

KKR has acquired SunFireMatrix, according to a news release. SunFire, founded in 2016 and based in Carlisle, Mass., is a software and services company providing solutions for the Medicare insurance market. The private equity platform of Kohlberg Kravis Roberts (KKR) & Co., which is based in New York, considers investments in all industries, including healthcare. Founded in 1976, the firm prefers to invest in a range of debt and public equity investing and may co-invest, seeking a controlling ownership of a company or a strategic minority position. Funds managed by Stone Point Cap ..read more

Trinity Hunt Partners has announced a majority investment in Coker Group. Coker, founded in 1987 and based in Alpharetta, Ga., is a healthcare advisory firm serving hospitals, private and health system-affiliated physician groups, private equity-backed platforms, and ancillary healthcare entities. Trinity Hunt, based in Dallas, is a growth-oriented private equity firm that targets small-cap companies in healthcare and a few other industries. Founded in 1993, the firm typically invests between $15 million and $50 million in companies with between $4 million to $25 million of EBITDA. Trinity Hun ..read more

New Mountain Capital will sell ILC Dover to Ingersoll Rand for about $2.3 billion, according to industry reports. ILC, founded in 1947 and based in Frederica, Del., designs and produces solutions for the biopharmaceutical, pharmaceutical and medical device markets and aerospace industries. New Mountain, based in New York, is a growth-oriented investment firm. Founded in 1999, the firm manages private equity, credit and net lease real estate funds with more than $37 billion in assets under management. Ingersoll Rand (NYSE: IR), founded in 1859 and based in Davidson, N.C., provides flow creation ..read more

Waud Capital Partners (WCP) has acquired Senior Helpers, according to a news release. Senior Helpers, founded in 2002 and based in Towson, Md., is a provider of in-home senior assistance. The company operates through nearly 400 franchised and corporate-owned locations across 44 states, Canada and Australia. WCP, founded in 1993 and based in Chicago, seeks control equity investments in middle market companies in healthcare and a few other industries. Within healthcare, the firm targets the provider services, hospitals/major facilities, life sciences/pharmaceutical and non-reimbursemen ..read more