Summit Medical, a specialist in medical devices in the orthopaedic sector, has been acquired for £36 million by international private equity firm The Riverside Company.
LGV Capital has agreed to sell Classic Hospitals Group (Classic Hospitals) to Spire Healthcare for £145 million, furnishing private equity giant Cinven with a new addition to its healthcare portfolio.
CBaySystems, which offers business process outsourcing services to the US healthcare industry, has acquired US-based medical billing specialist AMSplus.
With the private sector increasingly taking over providing healthcare facilities, entrepreneurs and private equity firms are taking advantage of opportunities to make some serious cash.
A developer of software designed to support healthcare professionals has been bought by its chief executive. CliniSys, which specialises in laboratory information management systems, was sold to a team led by Fiona Pearson.
ISIS Equity Partners has continued its strategy of investing in healthcare and IT by buying ScriptSwitch, a developer of medical prescription software.
The management team at an Oxfordshire-based manufacturer of healthcare equipment has bought the company after securing the backing of a US private equity firm.